Strong Volume Gainers (GIII,DMAN,AFFY,ORCH,PSUN)
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.
G-III Apparel Group Ltd (GIII) is currently trading at $24.53 on volume of 1,595,360. Its 52 week range is between $17.31 and $45.38.
DemandTec Inc (DMAN) is currently trading at $13.15 on volume of 33,630,280. Its 52 week range is between $5.41 and $14.08.
Affymax Inc (AFFY) is currently trading at $8.08 on volume of 17,655,668. Its 52 week range is between $3.93 and $8.5.
Orchid Cellmark Inc (ORCH) is currently trading at $2.79.on volume of 224,356. Its 52 week range is $1.58 and $2.81.
Pacific Sunwear of California Inc (PSUN) is currently trading at $1.64.on volume of 5,064,209. Its 52 week range is between $1.11 and $6.2.
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
- Chart Surfing | iBankCoin.com
- 30 Year Auction Tails Despite Surge In Indirect Takedown, Lowest Yield In Over A Year | ZeroHedge
- The Anonymous Bidder Bids Again | iBankCoin.com
- Former New Orleans Mayor Ray Nagin Sentenced To Decade In Prison For Bribery | ZeroHedge
- Fact Or Fiction: Environmental Study Finds Air In Chicago Now 75% Bullets | ZeroHedge
- Follow Last Week’s Narrative (For Now) | Financial Sense
- President Obama To Dictate How He'll Fix The Immigration Scandal - Live Feed | ZeroHedge
The most relevant financial news and articles from the Internets
- Obama Administration Releases Lengthy Statement After Glenn Greenwald Report... | Business Insider
- After-Hours... | StreetInsider.com
- How Two 'Accidental Hipsters' Paid Off $67,000 Of Debt In 3 Years | Business Insider
- Americans Aren't Moving | Business Insider
- STOCKS FALL, NASDAQ TUMBLES: Here's What You Need To Know (DIA, SPX, SPY, QQQ, AA, TWTR, YELP,... | Business Insider
- Uh-Oh, People Might Not Actually Want A Bigger iPhone (AAPL) | Business Insider
- A Lot Of Men Would Rather Do All Their Shopping Online | Business Insider