Verenium ( VRNM) is a biopharmaceutical company, a biotechnology company, develops, manufactures, and commercializes enzymes for industrial processes in North America, Europe, South America and Asia. This stock is trading up 6.9% to $4.06 in recent trading. Today's Range: $3.73-$4.13 52-Week Range: $1.35-$4.15 Volume: 246,000 Three-Month Average Volume: 95,186 >>5 Stocks Setting Up to Break Out From a technical perspective, VRNM is ripping higher today on heavy volume, and the stock is now quickly approaching a near-tem breakout trade. That breakout will hit once VRNM can manage to take out $4.15 with high-volume. Traders should look for long-biased trades if VRNM can sustain a move and close over $4.15 with volume that's near or above 95,186 shares. If we get that action soon, look for VRNM to hit its next major overhead resistance level $4.68 very quickly.