SeaChange International

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SeaChange International ( SEAC) is engaged in the delivery of multi-screen video. Its products and services facilitate the aggregation, licensing, storage, management and distribution of video, television programming and advertising content. This stock is trading up 12.5% at $7.85 in recent trading.

Today's Range: $7.01-$7.99

52-week Range: $6.92-$11.66

Volume: 116,000

Three-Month Average Volume: 127,856

Shares of SEAC are ripping higher today after the company reported net income for the third-quarter of $400,000, vs. a loss of $2.9 million in the same quarter last year. Revenue for the quarter also grew by 9% to $53.4 million from $49.1 million in the same quarter last year.

From a technical standpoint, SEAC is quickly approaching a breakout trade if the stock can manage to sustain a high-volume move and close above some past overhead resistance at its 50-day moving average of $8.07 and $8.22. At last check, the volume isn't there yet, so watch to see if the stock can close strong on volume that registers near or above 127,856 shares.

A high-volume move and close above those levels should set this stock up to re-test $8.88 to $9.14 (its 200-day moving average) in the near future.

Smith & Wesson

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Smith & Wesson ( SWHC) is a global provider of products and services for safety, security, protection, and sport. This stock is trading up 11.4% at $3.71 in recent trading.

Today's Range: $3.34-$3.72

52-week Range: $2.29-$4.06

Volume: 1.6 million

Three-Month Average Volume: 424,402

>>Stocks Rising on Unusual Volume

Shares of SWHC are ripping higher today after the company reported a smaller net loss due to improvements in its security division, which it is trying to sell. (I included Smith & Wesson in a recent list of earnings short-squeeze plays.)

From a technical standpoint, SWHC is just quickly approaching a big breakout if the stock can manage to sustain a high-volume move and close above some past overhead resistance at $3.66 to $3.67. The volume today is already well above the average volume, so traders should look for a strong close above those levels.

If we get that action, look for this stock to make a run at its next significant overhead resistance levels at $4.05 to $4.20.

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