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 Poised for Breakouts
Three-Month Average Volume: 116,850
Volume % Change: 70% From a technical perspective, NGVC spiked higher here back above its 50-day moving average of $37.84 with above-average volume. This move is starting to push shares of NGVC within range of triggering a near-term breakout trade. That trade will hit if NGVC manages to take out some near-term overhead resistance levels at $38.75 to $40.79 with high volume. Traders should now look for long-biased trades in NGVC as long as it's trending above Monday's low of $37.31 or above more near-term support at $36 and then once it sustains a move or close above those breakout levels with volume that hits near or above 116,850 shares. If that breakout hits soon, then NGVC will set up to re-test or possibly take out its all-time high at $42.86. Any high-volume move above $42.86 will then give NGVC a chance to tag $50. eBay eBay ( EBAY) is a global commerce platform and payments provider. This stock closed up 1.6% at $51.35 in Monday's trading session.