Strong Volume Gainers (CP,LL,RCI,FB,RFMD)
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.
Canadian Pacific Railway Ltd (CP) is currently trading at $92.88 on volume of 2153307. Its 52 week range is between $55.31 and $91.7.
Lumber Liquidators Holdings Inc (LL) is currently trading at $56.24 on volume of 2367415. Its 52 week range is between $14.24 and $54.
Rogers Communications Inc (RCI) is currently trading at $42.75 on volume of 710631. Its 52 week range is between $33.58 and $42.26.
Facebook Inc (FB) is currently trading at $23.22.on volume of 197457488. Its 52 week range is $17.55 and $45.
RF Micro Devices Inc (RFMD) is currently trading at $4.41.on volume of 27446518. Its 52 week range is between $3.45 and $7.89.
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
- Enjoy the Fed Taper Show | iBankCoin.com
- Hilsenrath Unveils 712 "Tapering Is Not Tightening" Words Of Wisdom In 3 Minutes | ZeroHedge
- Water and Agriculture | ZeroHedge
- Frozen Solid | iBankCoin.com
- More on Starbucks | iBankCoin.com
- Sorry, Craft Beer Lovers: I am SAM | iBankCoin.com
- Daily Market Recap | Financial Sense
The most relevant financial news and articles from the Internets
- Hewlett-Packard CEO Meg Whitman's Reality Distortion Field | TheStreet.com
- How Miley Cyrus Killed 'Hannah Montana' And Created An Uncharted New Career... | Business Insider
- 10 Things You Need To Know Before The Opening Bell (SPX, SPY, DIA, DJI, QQQ) | Business Insider
- North Korea's 2013 Summed Up In 13 Photos | Business Insider
- The 10 Best Bottles Of Gin Under $30 | Business Insider
- REPORT: Target Hit By A Major Black Friday Data Breach Involving... | Business Insider
- Kass Katch: Buy Closed-End Munis | TheStreet.com