Volume Breakout

Twice its 20-day average volume on an up day, above the 50 MA, $500M+ cap.

Volume is the footprint of big buyers. A fund building a position can't hide twice the normal number of shares changing hands. When that happens on an up day, with the price above its 50-day average, buyers are pushing the price up.

Index rebalances, options expiry and single block trades can also double a day's volume without anyone changing their mind about the company.

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