Google

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Google ( GOOG) is a global technology company focused on improving the ways people connect with information. Google generates revenue primarily by delivering online advertising. This stock is trading up 2.3% at $657.08 in recent trading.

Today's Volume: 2.3 million

Average Volume: 2.4 million

Volume % Change: 50%

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From a technical perspective, GOOG is gapping up notably here above some near-term overheard resistance at $650 with decent volume. This move is quickly pushing GOOG within range of triggering a major breakout trade. That trade will hit once GOOG takes out some past overhead resistance at $658.59 with high volume.

Traders should now look for long-biased trades once GOOG sustains a move or close over $658.59 with volume that's near or above 2,399,210 shares. If that breakout triggers soon, then look for GOOG to re-test and possibly take out its next major overhead resistance level at $670.25. Any move over $670.25 should be consider bullish for GOOG, since it will mean the stock has entered new 52-week high territory.

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