Trade Alert - NASDAQ High Volume | Tech-Corner

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Trade Alert - NASDAQ High Volume

Published on Monday, 18 June 2012 11:38 Written by TradersHuddle Wire

ndaq New York, June 18th (TradersHuddle.com) - Unusual high volume detected on shares of NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) early in the trading session. The pace in volume of NASDAQ points to a break above average, with buyers stepping in, as the stock is 0.99% higher.

The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) is a global operator of market exchanges that delivers trading, exchange technology, securities listing, and public company services across multiple continents. The Exchange's offerings include trading across multiple asset classes, market data products, financial indexes, and market technology products and services.

NASDAQ has already traded 0.78 times its 3-month average volume and has calculated support and resistance at $21.25 and $22.39 respectively. Traders like to use volume as their lie detector for price action movement through predefined trading ranges.

The overall market index S&P 500 is trading lower by -0.19% from its previous trading close, which means that NASDAQ stock is outperforming the overall market.

Note - Automated Content Created By TradersHuddle's Technical Scanner

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