Three-Month Average Volume: 53,426
Volume % Change: 155% >>5 Cash-Hoarders to Triple Your Gains From a technical perspective, SPA trended sharply higher here right above some near-term support at $25 with above-average volume. This move briefly pushed SPA into breakout and new 52-week-high territory, after the stock flirted with some near-term overhead resistance at $26.44. Shares of SPA closed just below that resistance level at $26.54 with volume that was well above its three-month average action of 53,426 shares. Traders should now look for long-biased trades in SPA as long as it's trending above support at $25 and then once it sustains a move or close above Monday's intraday high of $26.65 with volume that's near or above 53,426 shares. If we get that move soon, then SPA will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that move are $30 to $33.