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 With Big Insider Buying
Three-Month Average Volume: 1.31 million
Volume % Change: 857% >>5 Stocks Set to Soar on Bullish Earnings From a technical perspective, CROX exploded higher here back above its 50-day moving average of $13.34 with monster upside volume. This move briefly pushed shares of CROX into breakout territory, since the stock flirted with some near-term overhead resistance levels at $13.94 to $14.45. Shares of CROX closed just below those breakout levels at $13.89. Market players should now look for a continuation move higher in the short-term if CROX can manage to take out Wednesday's intraday high of $14.53 and its 200-day moving average at $14.99 with high volume. Traders should now look for long-biased trades in CROX as long as it's trending above its 50-day at $13.34 or above Wednesday's low of $12.60 and then once it sustains a move or close above $14.53 to $14.99 with volume that hits near or above 1.31 million shares. If we get that move soon, then CROX will set up to re-fill some of its previous gap down zone from July that started near $17.50.