3D Systems

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3D Systems ( DDD) manufactures & sells 3D content-to-print solutions and 3D printing systems. This stock closed up 4% at $65.59 on Wednesday.

Wednesday's Volume: 4.43 million

Average Volume: 2.63 million

Volume % Change: 100%

From a technical perspective, DDD ripped higher here right off some near-term support at $62.26 with above-average volume. This move is quickly pushing shares of DDD within range of triggering a near-term breakout trade. That trade will hit if DDD manages to take out some near-term overhead resistance at $68.44 with high volume.

Traders should now look for long-biased trades in DDD as long as it's trending above $63 to $62.26, and then once it sustains a move or close above $68.44 with volume that hits near or above 2.63 million shares. If that breakout triggers soon, then DDD will set up to re-test or possibly take out its next major overhead resistance levels at $70 to $71.98.

Any high-volume move above $71.98 will then push shares of DDD into new 52-week-high and all-time-high territory, which is bullish technical price action. Some possible upside targets off that move are $75 to $80 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.

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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 CNBC.com and Forbes.com. You can follow Pedone on Twitter at www.twitter.com/zerosum24 or @zerosum24.

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