Conceptus ( CPTS) designs, develops, markets and promotes solutions in women's health care. Conceptus' flagship product is the Essure permanent birth control procedure, which is the non-surgical permanent birth control system. This stock is trading up 5.4% at $19.60 in recent trading. Today's Volume: 545,000 Average Volume: 283,574 Volume % Change: 268% From a technical perspective, CPTS is gapping up sharply here back above its 50-day moving average of $18.92 with heavy volume. This move is quickly pushing the stock within range of triggering a major near-term breakout trade. That trade will hit once CPTS takes out some near-term overhead resistance levels at 20.62 to $20.65 with high volume. Traders should now look for long-biased trades in CPST if it can sustain a trend above its recent low of $18.29, and then trigger that breakout with high volume. Look for volume on that move that hits near or above its three-month average action of 283,574 shares. If we get that action soon, then this stock has an excellent chance to hit $23 to $25 in the near future.