DELAFIELD, Wis. ( Stockpickr) -- Professional traders running mutual funds and hedge funds don't just look at a stock's price moves; they also track big changes in volume activity. Often when above-average volume moves into an equity, it precedes a large spike in volatility.>>3 Big Stocks on Traders' Radars
Three-Month Average Volume: 843,488
Volume % Change: 262% From a technical perspective, WTW spiked higher here with strong upside volume flows. This stock recently gapped down sharply from $40.93 to below $32 with heavy downside volume. Following that move, shares of WTW have started to rebound and move within range of triggering a near-term breakout trade. That trade will hit if WTW can manage to take out Friday's high of $33.40 to its gap down day high of $34.69 with high volume. Traders should now look for long-biased trades in WTW as long as it's trending above $32, and then once it sustains a move or close above those breakout levels with volume that's near or above 843,488 shares. If that breakout hits soon, then WTW will set up to re-fill some of its previous gap down zone that started at $40.93. Some possible upside targets if WTW gets into that gap with volume are $36 to its 50-day moving average at $37.80.