MagicJack VocalTec

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

MagicJack VocalTec ( CALL) is a provider of carrier-class voice over Internet protocol (VoIP) and convergence solutions for fixed and wireless communication service providers. This stock is trading up 3.4% at $23.69 in recent trading.

Today's Volume: 358,000

Average Volume: 416,911

Volume % Change: 58%

From a technical perspective, CALL is continuing to tend higher after it recently found some buying interest right near its 50-day moving average of $21.79, and right off some previous support at $22.25.

Traders should now consider long-biased trades in CALL if this stock can manage to close near its daily highs, and trigger a near-term breakout trade over $24.18. Look for a sustained move and close over $24.18 that comes on volume that's near or well above 416,911 shares. If we get that action soon, look for CALL to make a run at its recent high of $28.22 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.

RELATED LINKS:



Follow Stockpickr on Twitter and become a fan on Facebook.
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.

If you liked this article you might like

Why Apple Is Increasingly Investing in Its Suppliers, Including Possibly Toshiba

Western Digital Stock to $100 on Toshiba Deal -- Jim Cramer Explains Why

Western Digital and Toshiba Both Have Good Reasons to Bury the Hatchet Quickly

Why You Keep Cash on Hand; No Downside Conviction -- Jim Cramer's Top Thoughts

How Much Cash Do You Have on You?: Cramer's 'Mad Money' Recap (Monday 8/14/17)