Strong Volume Gainers (UGA,RJN,PDO,NEP,ZN)
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.
United States Gasoline (UGA) is currently trading at $55.8 on volume of 438,256. Its 52 week range is between $43.02 and $56.
ELEMENTS Rogers Intl Commodity Engy ETN (RJN) is currently trading at $7.24 on volume of 353,244. Its 52 week range is between $5.66 and $8.02.
Pyramid Oil Co (PDO) is currently trading at $6.15 on volume of 296,654. Its 52 week range is between $3.29 and $9.4.
China North East Petroleum Holdings Ltd (NEP) is currently trading at $3.49.on volume of 1,235,915. Its 52 week range is $1.85 and $5.52.
Zion Oil and Gas Inc (ZN) is currently trading at $2.82.on volume of 423,530. Its 52 week range is between $1.4 and $7.87.
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
- Cherokee Nation Files Lawsuit Against Big Pharma Over Opioid Epidemic | ZeroHedge
- The 56 French Villages Where Marine Le Pen Didn't Get A Single Vote | ZeroHedge
- Government Shutdown Averted? Trump Punts On Border Wall, Will Wait Until September | ZeroHedge
- Marissa Mayer To Leave Yahoo With $186 Million From Verizon Deal | ZeroHedge
- Washington D.C. To Hold Massive "Complex Coordinated Terror Attack" Drill | ZeroHedge
- Ontario Finally Moves to Douse Real Estate Inferno | Financial Sense
- Alibaba's Jack Ma Sees "Decades Of Pain Ahead" Thanks To Internet Disruption | ZeroHedge
The most relevant financial news and articles from the Internets
- LuLaRoe is refunding everyone for pants that customers say 'rip... | Business Insider
- Marissa Mayer will have $186 million in Yahoo stock when Verizon buys the company... | Business Insider
- The newest flying car is backed by Larry Page — and you can buy it... | Business Insider
- Arkansas plans to execute 2 convicts Monday — the first double execution... | Business Insider
- Mark Zuckerberg wants the smartphone to die... | Business Insider
- Netflix is taking on over $1 billion in new debt — here's why (NFLX) | Business Insider
- Microsoft is expanding its IoT offerings (MSFT) | Business Insider