Today's Volume: 2.38 millionAverage Volume: 2.41 million Volume % Change: 115% Shares of LLTC are moving modestly higher today in front of the company's earnings report which is set for Tuesday after the market close. From a technical perspective, LLTC is starting to move above its 50-day moving average today of $33.25 with decent volume. This move is quickly pushing LLTC within range of triggering a near-term breakout trade. That trade will hit once LLTC takes out some near-term overhead resistance at $34 to $34.50 with high-volume. Traders should now look for long-biased trades post-earnings in LLTC if it can take out those levels and its 2011 high of $35.12 with volume that's near or well above 2,413,600 shares. If we get that action, then look for LLTC to make a run at $37 to $40 in the near-term. Linear Technology was also featured recently in " 6 Tech Stocks That Rate Better Than Apple."
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