Nu Skin Enterprises

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Nu Skin Enterprises ( NUS) is a global direct selling company that develops and distributes personal care products and nutritional supplements that are sold worldwide under the Nu Skin and Pharmanex brands and a small number of other products and services. This stock is trading up 3.2% at $57.79 in recent trading.

Today's Volume: 1.3 million

Average Volume: 530,798

Volume % Change: 260%

From a technical perspective, NUS is tagging new 52-week highs today on monster volume, and it's following through on a recent breakout above $54.

Traders should continue to look for long biased trades in NUS if it can manage to close near its daily highs today. At last check, that high is $58.91. If we get a strong close, then look for this stock to make a run at $60 and higher in the near future.

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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