Strong Volume Gainers (LULU,WPI,RGR,SCVL,GIII)
What's a Strong Volume Gainer?
A strong volume gainer is when volume is four times greater than the 20-day SMA and is above yesterday's close.
Higher volume many times offers profits from mathematical correlation speculating, arbitraging takeover attempts or mean reversion trading.Looking to trade strong volume gainers? Look no further, the Masters have you covered. Out of a multitude of stocks, here are our top 5 picks.
Lululemon Athletica Inc (LULU) is currently trading at $75.95 on volume of 8635361. Its 52 week range is between $38.2 and $74.57.
Watson Pharmaceuticals Inc (WPI) is currently trading at $66.1 on volume of 7984789. Its 52 week range is between $54.1 and $73.35.
Sturm Ruger and Co Inc (RGR) is currently trading at $47.93 on volume of 1242459. Its 52 week range is between $18.65 and $46.68.
Shoe Carnival Inc (SCVL) is currently trading at $32.11.on volume of 621535. Its 52 week range is $19.19 and $34.05.
G-III Apparel Group Ltd (GIII) is currently trading at $28.36.on volume of 847434. Its 52 week range is between $17.31 and $45.38.
MASTERY Bottom line:
A stock moving up in price on higher than normal volume indicates strong buying conviction that could carry the stock even higher. A stock headed lower on big volume increases could signal strong selling pressure and an emerging downward trend. However, while it is easy to find a system that has worked well in the past, there's no guarantee that it will work in the future..
Best of the Blogs
Scanning and identifying the best blog entries every hour
- There Are Limits to My Depravity | iBankCoin.com
- The Emergence of the U.S. Petro-Dollar | Financial Sense
- Potential Intraday Runners | iBankCoin.com
- Four Places That Could Become Water Conflict Zones | Financial Sense
- I Booked the Trade | iBankCoin.com
- Goldman's Yellen Press Conference Post-Mortem: "Few Surprises" | ZeroHedge
- FX Markets In Turmoil On Scottish Vote & Japan Economic Downgrade | ZeroHedge
The most relevant financial news and articles from the Internets
- Less Than 24 Hours Before Scotland's Historic Vote, People Are Afraid... | Business Insider
- ISIS Carried Out A 'Complex And Penetrating Attack' In The Capital Of Iraq For The... | Business Insider
- Amazon Just Paid Nearly $5 Million To Own The Entire '.Buy' Web... | Business Insider
- How to Position for a Turnaround at Oil Servicer McDermott | TheStreet.com
- The Best Business Schools of 2011 | BusinessWeek
- The 20 Best Business Schools For Social Life | Business Insider
- European stocks edge up but hang on Scotland vote | Business Insider