Three-Month Average Volume: 109,412
Volume % Change: 65% >>4 Red-Flag Stocks to Sell This Fall From a technical perspective, PTLA ripped higher here right above its 50-day moving average of $23.36 with above-average volume. This move is quickly pushing shares of PTLA within range of triggering a near-term breakout trade. That trade will hit if PTLA manages to take out Monday's high of $27.19 to its 52-week high at $27.57 with high volume. Traders should now look for long-biased trades in PTLA as long as it's trending above some near-term support at $25 or above its 50-day at $23.36 and then once it sustains a move or close above those breakout levels with volume that's near or above 109,412 shares. If that breakout hits soon, then PTLA will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $30 to $35. 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.
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