Today's Volume: 282,000
Average Volume: 189,566
Volume % Change: 197%

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From a technical perspective, WTS is trending higher here back above its 50-day moving average of $46.85 with above-average volume. This stock has started to enter breakout territory, since it's taken out some near-term overhead resistance at $47.29.

Traders should now look for long-biased trades in WTS as long as it's trending above that key near-term breakout level of $47.29 with strong upside volume flows. I would consider any upside volume day that registers near or above its three-month average action of 189,566 shares as bullish. If WTS can maintain that trend, then this stock will set up to re-test or possibly take out its next major overhead resistance level at its 52-week high of $50.04.

Chemtura

Chemtura ( CHMT) manufactures and markets polymer and specialty chemical products. This stock is trading up 4.4% at $23.09 in recent trading.

Today's Volume: 927,000
Average Volume: 792,051
Volume % Change: 134%

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From a technical perspective, CHMT is ripping higher here right above its recent breakout level of $22 with above-average volume. This move is quickly pushing shares of CHMT within range of triggering another major breakout trade. That trade will hit if CHMT manages to take out some more near-term overhead resistance levels at $23.06 to $23.60 with high volume. At last check, CHMT has hit an intraday high of $23.27 and volume is well above its three-month average action of 792,051 shares.

Traders should now look for long-biased trades in CHMT as long as it's trending above $22 or $22.70 and then once it sustains a move or close above those breakout levels with volume that hits near or above 792,051 shares. If that breakout triggers soon, then CHMT will set up to re-test or possibly take out its 52-week high at $24.51. Any high-volume move above $24.51 would then push shares of CHMT into new 52-week- and all-time high territory, which is bullish technical price action. Some possible upside targets off that breakout are $26 to $28.

SodaStream International

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