Magnachip SemiconductorMagnachip Semiconductor ( MX) is a designer and manufacturer of analog and mixed-signal semiconductor products for consumer applications. This stock is trading up 5.6% at $12.88 in recent trading. Today's Volume: 259,000 Average Volume: 127,179 Volume % Change: 242% Shares of MX are jumping higher today after the company beat Wall Street estimates by 20 cents per share and reported in-line revenue of $221.9 million, or a 9.5% increase from the second quarter of this year. From a technical perspective, MX is gapping higher here back above its 50-day moving average of $12.61 with above-average volume. This move is quickly pushing MX within range of triggering a major breakout trade. That trade will hit once MX manages to take out some near-term overhead resistance at $14 to $14.42 with high volume. Traders should now look for long-biased trades in MX as long as it's trending above its 50-day at $12.61, and then once it sustains a move or close above those breakout levels with volume that hits near or above 127.179 shares. If that breakout triggers soon, then MX will set up to retest or possibly take out its next major overhead resistance levels at $15 to $15.56. BRE PropertiesBRE Properties ( BRE) is a self-administered real estate investment trust focused on the development, acquisition and management of multifamily apartment communities in the western U.S. This stock is trading up 1% at $50.63 in recent trading. Today's Volume: 809,000 Average Volume: 584,564 Volume % Change: 246% From a technical perspective, BRE is moving modestly higher here with above-average volume. This move has started to push BRE into breakout territory, since the stock is flirting with some near-term overhead resistance at $50.58 to $51. Traders should now look for long-biased trades in BRE as long as it's trending above $50.58 to $51 with strong upside volume flows. I would consider any upside volume day that registers near or above 584,564 shares as bullish. If BRE can maintain that trend, then it will set up to re-test or possibly take out its next major overhead resistance levels at $52.50 to $52.90. Any high-volume move above $52.90 should be considered bullish, since it will push BRE into new 52-week high territory. 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.