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 Hated Earnings Stocks You Should Love
Three-Month Average Volume: 127,153
Volume % Change: 127% From a technical perspective, AIMC trended modestly higher here with above-average volume. This move is quickly pushing shares of AIMC within range of triggering a near-term breakout trade. That trade will hit if AIMC manages to take out Monday's high of $31.97 to its 52-week high of $32.76 with high volume. Traders should now look for long-biased trades in AIMC as long as it's trending above $30.50 or above $30 and then once it sustains a move or close above those breakout levels with volume that's near or above 127,153 shares. If that breakout hits soon, then AIMC will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $36 to $38. ITT ITT ( ITT) is a manufacturer of highly engineered critical components and customized solutions for growing industrial end-markets such as energy infrastructure, electronics, aerospace and transportation. This stock closed up 2.8% at $41.32 in Monday's trading session.