Average Volume: 470,111
Volume % Change: 163% >>4 Big Stocks on Traders' Radars From a technical perspective, CYTK trended significantly higher here right above some near-term support at $10.81 with heavy upside volume. This move is quickly pushing shares of CYTK within range of triggering a major breakout trade. That trade will hit if CYTK manages to take out its 52-week high at $13.38 with high volume. Traders should now look for long-biased trades in CYTK as long as it's trending above some key near-term support at $10.81 and then once it sustains a move or close above its 52-week high at $13.38 with volume that's near or above 470,111 shares. If that breakout triggers soon, then CYTK will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $15 to $17, or even $20. To see more stocks rising on unusual volume, check out the Stocks Rising on Unusual Volume portfolio on Stockpickr. -- Written by Roberto Pedone in Delafield, Wis.
Twitter and become a fan on Facebook.