Zions Bancorporation

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Zions Bancorporation ( ZION) provides a range of banking and related services through its banking and other subsidiaries in Utah, California, Texas, Arizona, Nevada, Colorado, Idaho, Washington and Oregon. This stock is trading up 9.7% at $21.42 in recent trading.

Today's Volume: 8.3 million

Average Volume: 3.5 million

Volume % Change: 218%

From a technical perspective, ZION is gapping up big today and breaking out above some near-term overhead resistance at $20.10 with monster volume.

Traders should continue to look for long biased traders in ZION as long as the stock is trending above $20.10 with strong upside volume flows. If the stock holds this breakout, then look for ZION to re-test its next significant overheard resistance levels at $23 to $24.

Zions shows up on a recent list of 3 Banks Ready to Repay Uncle Sam.

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