I agree with this article put out a couple of days ago.. going up on huge volume is always a great sign.. Usually something behind it..
I think it resumes the uptrend today according to the charts uptrend line,, got to break through 24.76... Then it will punch to 25.26 fast.. Get through there and we will move up quickly...
From a technical perspective, LVLT soared higher here and traded into its previous gap-down zone from February with heavy upside volume. That gap was entirely filled, and shares of LVLT are now quickly moving within range of triggering another major breakout trade. That trade will hit if LVLT manages to take out some past overhead resistance levels at $25.26 to $25.62 with high volume.
Traders should now look for long-biased trades in LVLT as long as it's trending above Wednesday's low of $23.02 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.87 million shares. If that breakout triggers soon, then LVLT will set up to re-test or possibly take out its next major overhead resistance levels at $28 to $32.