Blue Coat Systems ( BCSI) designs, develops and sells proxy and other appliances, and related software and services that secure the delivery of business applications, Web content and other information to distributed users over a wide area network, or across an enterprise's gateway to the public Internet The stock is trading up 8% at $18.30 in recent trading. Today's Volume: 3,393,000 Average Volume: 757,408 Volume % Change: 1367% This stock is ripping higher today on high-volume after the company reported a second-quarter profit of 20 cents per share, topping Wall Street estimates of 13 cents per share. Revenue totaled $114 million, which was about $9 million better than expected. >>7 Smaller Stocks Beating the Big Guys From a technical standpoint, this stock has started to break out off the bullish earnings news now that the shares have started to move above some past overhead resistance at $17.23 to $18.36. Market players should watch for the stock to close above those levels to signal that this stock wants to trend higher. If we see a close over $18.36, then look for this stock to make a run at its 200-day moving average of $21.44 in the near future.