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Cerner ( CERN) designs, develops, markets, installs, hosts and supports health care information technology, health care devices and content solutions for healthcare organizations and consumers. This stock is trading up 4% at $76.48 in recent trading.

Today's Volume: 2.1 million

Average Volume: 1.3 million

Volume % Change: 115%

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From a technical perspective, CERN is ripping higher here with above-average volume right above its 200 and 50-day moving averages. This move is quickly pushing CERN within range of triggering a major breakout trade. That trade will hit once CERN manages to clear some near-term overhead resistance levels at $76.17 to $78.53 with high volume. At last check, CERN has hit an intraday high of $78.08 and volume is tracking in well above its three-month average action of 1.3 million shares.

Traders should now look for long-biased trades in CERN as long as it's trending above $76.17, and then once it sustains a move or close above $78.53 with volume that's near or above 1.3 million shares. If that breakout triggers soon, then CERN will have a great chance to re-test or possibly take out its next significant overhead resistance levels at $83.97 to $88.32.

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 and maintains the website, 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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