Average Volume: 940,000
Volume % Change: 367% >>5 Stocks Fund Managers Love for 2013 From a technical perspective, ALGN is ripping higher here back above its 200-day moving average at $31.58 with heavy upside volume. This move is quickly pushing shares of ALGN within range of triggering a near-term breakout trade. That trade will hit if ALGN manages to take out its 50-day at $32.21 with high volume. Traders should now look for long-biased trades in ALGN as long as it's trending above its 200-day at $31.58 or above $31 and then once it sustains a move or close above its 50-day at $32.21 with volume that hits near or above 940,000 shares. If that breakout triggers soon, then ALGN will set up to re-test or possibly take out its next major overhead resistance levels at $33 to $33.84. Any high-volume move above $33.84 will then give ALGN a chance to re-fill some of its previous gap down zone from last October that started above $38.