International Speedway

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International Speedway ( ISCA) is the owner of motorsports entertainment facilities and promoter of motorsports themed entertainment activities in the U.S. This stock is trading up 2.3% at $25.99 in recent trading.

Today's Volume: 176,000

Average Volume: 135,466

Volume % Change: 132%

From a technical perspective, ISCA is bouncing hard here right off its 200-day moving average of $25.38 with decent volume. Shares of ISCA are also spiking back above its 50-day moving average of $25.87. This move is quickly pushing ISCA within range of triggering a major breakout trade. That trade will hit once ISCA takes out some near-term overhead resistance at $26.50 to $26.84 with high volume.

Traders should now look for long-biased trades in ISCA as long as it's trending above $25.36, and then once it sustains a move or close above those breakout levels with volume that's near or above 135,466 shares. If that breakout triggers soon, then look for ISCA to re-test and possibly take out its next significant overhead resistance level at $28.49.

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 mentioend.

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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