Tesoro Logistics ( TLLP) owns, operates, develops and acquires crude oil and refined products logistics assets. This stock is trading up 2% at $43.00 in recent trading. Today's Volume: 57,000 Average Volume: 70,627 Volume % Change: 160% >>9 Oil Stocks With Hot Prospects From a technical perspective, TLLP is bouncing modestly here right off some near-term support at $42 with decent volume. This move is quickly pushing TLLP within range of triggering a breakout trade. That trade will hit once TLLP takes out some near-term overhead resistance at $43.98 with high volume. Traders should now look for long-biased trades in TLLP if $42 holds, and then if we get a sustained move or close above $43.98 with volume that's near or above 70,627 shares. If that breakout triggers soon, then look for TLLP to head north of $45. Keep in mind that any move above $43.98 will push TLLP into all-time high territory, which is bullish technical price action.