China XD Plastics

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China XD Plastics ( CXDC) is a manufacturer and developer of modified plastics. This stock is trading up 10.3% at $5.23 in recent trading.

Today's Range: $5.07-$5.41

52-week Range: $3.10-$7.35

Volume: 477,000

Three-Month Average Volume: 81,134

From a technical standpoint, this stock is soaring today on massive volume. Volume has already registered well above its three-month average action of 81,134 shares.

>>3 Cheap China Stocks Without the Risk

If this stock can hold its gains and close near the daily highs today, then traders should look to continue to play CXDC from the long side. Traders should make note that a big breakout will trigger for CXDC once the stock sustains a move and close above some past overhead resistance at $5.55 a share.

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