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Trading Higher on Heavy Volume are Shares of Triumph on 1.3x Above-Average Volume (TGI)

By Chip Brian

Shares of Triumph (NYSE:TGI) are trading up 2.3% to $75.86 today on above average volume. Approximately 354,000 shares have traded hands today vs. average 30-day volume of 275,000 shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of TGI to see if this bullish momentum will continue.
SmarTrend is bullish on shares of Triumph and our subscribers were alerted to buy on June 17, 2010 at $67.94. The stock has risen 11.7% since the alert was issued.

Keywords: triumph unusual volume

Ticker(s): TGI