American Public Education

American Public Education ( APEI) is a provider of online post-secondary education with an emphasis on serving the needs of the military and public service communities. This stock closed up 4.1% at $36.96 in Wednesday's trading session.

Wednesday's Volume: 523,000
Three-Month Average Volume: 115,462
Volume % Change: 314%

From a technical perspective, APEI spiked higher here with heavy upside volume. This move briefly pushed shares of APEI back above its 200-day moving average of $37.33, but the stock closed just below that level at $36.96. This spike on Wednesday pushed shares of APEI out of its recent downtrend, which saw the stock fall from $40.75 to its recent low of $34.40. This move could be signaling that APEI is ready to see its downside volatility end in the short-term.

Traders should now look for long-biased trades in APEI as long as it's trending above Wednesday's low of $35.60 and then once it sustains a move or close above Wednesday's high of $37.63 to its 50-day moving average at $38.44 with volume that's near or above 115,462 shares. If we get that move soon, then APEI will set up to re-test or possibly take out its next major overhead resistance levels at $40.75 to its 52-week high at $42.17.

FleetMatics Group

FleetMatics Group ( FLTX) is a global provider of fleet management solutions delivered as software-as-a-service. This stock closed up 5.9% at $36.82 in Wednesday's trading session.

Wednesday's Volume: 1.49 million
Three-Month Average Volume: 724,634
Volume % Change: 91%

From a technical perspective, FLTX trended higher here with solid upside volume flows. This stock has been downtrending badly for the last month and change, with shares plunging lower from its high of $52.28 to its recent low of $29.92. During that downtrend, shares of FLTX have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of FLTX have now started to rebound off that $29.92 low and enter new uptrend. This could be signaling that the downside volatility for FLTX is at last over in the short-term.

Traders should now look for long-biased trades in FLTX as long as it's trending above Wednesday's low of $35.25 or above $34 and then once it sustains a move or close above Wednesday's high of $37.25 with volume that's near or above 724,634 shares. If we get that move soon, then FLTX will set up to re-test or possibly take out its next major overhead resistance levels at its 50-day of $41.40 to $45.

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