Fuel Systems Solutions

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Fuel Systems Solutions ( FSYS) designs, manufactures and supplies alternative fuel components and systems for use in the transportation and industrial markets. This stock is trading up 10.9% at $23.13 in recent trading.

Today's Volume: 444,000

Average Volume: 235,603

Volume % Change: 190%

From a technical standpoint, FSYS is gaping up big today on heavy volume back above its 200-day moving average of $21.32.

Traders should now look for long biased trades in FSYS as the stock approaches its next big breakout over $24.14. A high-volume move above that level should setup FSYS to re-test $24.49 or potentially much higher, since $24.49 is the last major overhead resistance until $30.

To see more stocks rising on unusual volume, check out the Stocks Rising On Unusual Volume portfolio on Stockpickr.

-- Written by Roberto Pedone in Winderemere, Fla.


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At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to Beconequity.com and maintains the website Maddmoney.net, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.

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