Fuel Systems Solutions

Fuel Systems Solutions ( FSYS) designs, manufactures and supplies alternative fuel components and systems for use in the transportation, industrial and power generation industries on a global basis. This stock is trading up 3.8% at $16.23 in recent trading.

Today's Volume: 344,000

Average Volume: 160,451

Volume % Change: 279%

From a technical perspective, FSYS is soaring higher here back above its 200-day moving average of $15.91 with above-average volume. This stock recently broke out above some near-term overhead resistance levels at $15.09 to $15.80 with high volume.

Traders should now look for long-biased trades in FSYS as long as it's trending above its 200-day at $15.91 with strong upside volume flows. I would consider any upside volume day that registers near or above 160,451 shares as bullish. If FSYS can maintain that trend, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $17.50 to $19.

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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