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.>>5 Stocks Ready to Break Out This Month
Three-Month Average Volume: 280,482
Volume % Change: 247% From a technical perspective, CSTE ripped sharply higher here right off its 50-day moving average of $42.38 with strong upside volume. This move pushed shares of CSTE into breakout territory, since the stock took out some near-term overhead resistance at $44.74. Market players should now look for a continuation move higher in the short-term if CSTE can take out some key near-term overhead resistance levels. Traders should now look for long-biased trades in CSTE as long as it's trending above its 50-day at $42.38 and then once it sustains a move or close above Wednesday's high of $47.50 to its all-time high at $48.69 with volume that hits near or above 280,482 shares. If we get that move soon, then CSTE will set up to enter new all-time-high territory, which is bullish technical price action. Some possible upside targets off that move are $55 to $60. PowerSecure International PowerSecure International ( POWR) is a provider of products and services to electric utilities and to their large commercial, institutional and industrial customers. This stock closed up 5.9% at $19.62 in Wednesday's trading session.