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
- AIG Lite: Margin Call Claimed First Foreign Casualty Of Austrian "Black Swan" | ZeroHedge
- World Inflation Falls To A New 5-Year Low | ZeroHedge
- Treasury Yields Are Tumbling Post-ADP | ZeroHedge
- America's Most And Least Drugged States | ZeroHedge
- The Resurrection Looms | iBankCoin.com
- Turn Those Machines Back Off!!! | ZeroHedge
- The Committee To Destroy The World | ZeroHedge
The most relevant financial news and articles from the Internets
- The most brutal jokes from last night's Comedy Central roast of Justin Bieber | Business Insider
- Wall Street auto analyst asks all of his clients: 'Is anybody out there... | Business Insider
- HP has (finally) filed a $5 billion lawsuit against Autonomy's management –... | Business Insider
- 10 things in tech you need to know today (TSLA, AAPL, ZNGA, ORCL) | Business Insider
- San Francisco real... | Business Insider
- Laptop Computer Reviews - BusinessWeek | BusinessWeek
- At least 43 dead in trawler sinking off Russia's... | Business Insider