Strong Volume Gainers (ONXX,CXW,CNK,ALC,CLNT)
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.
Onyx Pharmaceuticals Inc (ONXX) is currently trading at $41.49 on volume of 3355052. Its 52 week range is between $27.17 and $46.07.
Corrections Corp Of America (CXW) is currently trading at $28.99 on volume of 11618087. Its 52 week range is between $18.41 and $27.64.
Cinemark Holdings Inc (CNK) is currently trading at $23.05 on volume of 4063824. Its 52 week range is between $17.1 and $22.85.
Assisted Living Concepts Inc (ALC) is currently trading at $17.09.on volume of 293643. Its 52 week range is $11.16 and $19.06.
Cleantech Solutions International Inc (CLNT) is currently trading at $5.71.on volume of 6151336. Its 52 week range is between $1.65 and $31.
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
- JPMorgan: "Nothing Appears To Be Breaking" But "Something Happened" | ZeroHedge
- 80 Year Old Woman Trampled To Death In Venezuela Supermarket Stampede | ZeroHedge
- Ayn Rand & Murray Rothbard: Diverse Champions Of Liberty | ZeroHedge
- The Future of the Internet Is at Risk | Financial Sense
- Stoeferle: Illusion of Omnipotent Central Banker Biggest Bubble We've Ever Seen | Financial Sense
- Dis-Integrating America | ZeroHedge
- Oil Price Collapse Triggers Currency Crisis in Emerging Markets | Financial Sense
The most relevant financial news and articles from the Internets
- Miley Cyrus bares nipple on VMAs | Business Insider
- Google is showing developers how to turn off iOS 9's security features... | Business Insider
- Miley Cyrus shakes in barely there silver straps at VMAs | Business Insider
- 'Marriage o'clock' shows why it's... | Business Insider
- Here are all the winners from the MTV Video Music Awards | Business Insider
- Take the IQ test that every NFL rookie has to take | Business Insider
- 38 girls, young women killed in Swaziland crash, says group... | Business Insider