SBUX breaks out
This volume spike occurred because many traders had buy stop orders entered at $52.15+, and thus purchased -- and reified! -- the aforementioned breakout. Next resistance at ~$55.
Congratulations to all who boldly stepped up to the plate to purchase at <$49.80 (as per my earlier instructions), an action taken after a ferocious one-way decline from $64+ -- and, to the beginning trader, looking lower yet!