EPAM Systems ( EPAM) This company is a service provider focused on complex software product development services, software engineering and vertically-oriented custom development solutions. This stock is trading up 6.4% at $18.93 in recent trading. Today's Volume: 390,000 Average Volume: 187,568 Volume % Change: 309% Shares of EPAM are ripping higher today after the company reported third quarter revenues of $110 million up 6% sequentially, and 27% year-over-year. The firm also raised its full year revenue and adjusted its earnings growth guidance. From a technical perspective, EPAM is gapping sharply higher here back above its 50-day at $18.39 and above some near-term overhead resistance at $18.67 with above-average volume. This move is quickly pushing EPAM within range of triggering a major breakout trade. That trade will hit once EPAM manages to take out some near-term overhead resistance at $19.50 to $19.63 with high volume. Traders should now look for long-biased trades in EPAM as long as it's trending above its 50-day at $18.39, and then once it sustains a move or close above those breakout levels with volume that hits near or above 187,568 shares. If that breakout triggers soon, then EPAM will set up to re-test or possibly take out its next significant overhead resistance levels at $22.10 to $23.61. Cray ( CRAY) This company designs, develops, manufactures, markets and services computing systems, commonly known as supercomputers. Its products comprise Cray XE6 system, a massively parallel processing system. This stock is trading up 11.4% at $13.38 in recent trading. Today's Volume: 588,000 Average Volume: 216,835 Volume % Change: 273% Shares of CRAY are soaring higher today after the company reported third quarter EPS of -$0.14 and revenue of $35.7 million which beat by 2 cents and $5.7 million respectively. The company also proposed to acquire rival Appro in a $25 million cash deal. From a technical perspective, CRAY is ripping higher here right through its 50-day moving average of $12.39 with above-average volume. This move has also started to push CRAY into breakout territory, since the stock has pushed above some near-term overhead resistance levels at $12.64 to $12.97. Shares of CRAY are now quickly approaching another major breakout trade. That trade will hit once CRAY takes out some more near-term overhead resistance levels at $13.51 to $13.56 with high volume.