Traders should now look for long-biased trades in SYNA as long as it's trending above its 200-day at $28.25, and then once it sustains a move or close above those breakout levels with volume that hits near or above 442,442 shares. If that breakout triggers soon, then SYNA will set up to re-test or possibly take out its next major overhead resistance levels at $33 to $35.

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 technical analysis for small- and large-cap stocks, options, futures, commodities and currencies. Roberto studied international business at the Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany. His work has appeared on financial outlets including and You can follow Pedone on Twitter at or @zerosum24.

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