Bio-Reference Laboratories ( BRLI) is engaged in providing laboratory testing services to customers in the greater New York metropolitan area, as well as to customers in other states. This stock is trading up 3.3% at $30.80 in recent trading. Today's Volume: 281,000 Average Volume: 234,122 Volume % Change: 160% From a technical perspective, BRLI is moving notably higher here with above-average volume. This move has started to push BRLI into breakout territory, since it's taken out some past overhead resistance at $30.15. At last check, BRLI has hit an intraday high of $31 and volume is well above its three-month average action of 234,122 shares. Traders should now look for long-biased trades in BRLI as long as it's trending above today's low of $29.84, and then once it sustains a move or close above $30.15 with volume that's near or above 234,122 shares. If we continue to see BRLI maintain that trend, then this stock has an excellent chance to tag $35 to $40 in the near future. Keep in mind that BRLI is now trading in new 52-week-high territory, which is bullish technical price action. To see more stocks rising on unusual volume, check out the Stocks Rising On Unusual Volume portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.