Today's Volume: 3.52 million

Average Volume: 2.64 million

Volume % Change: 113%

From a technical perspective, SRPT is spiking higher here with above-average volume. This stock has been uptrending strongly for the past month, with shares soaring from a low of $21.95 to its recent high of $31.87. During that uptrend, shares of SRPT have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed SPRT within range of triggering a near-term breakout trade. That trade will hit once SPRT manages to take out some near-term overhead resistance at $31.87 with high volume.

Traders should now look for long-biased trades in SRPT as long as it's trending near or above $27.50, and then once it sustains a move or close above $31.87 with volume that hits near or above 2.64 million shares. You could even give SRPT room down to its 50-day at $24.37 for longer-term swing trades. If that breakout triggers soon, then SRPT will set up to re-test or possibly take out its next major overhead resistance levels at $35.05 to just below $37.50.

Acme Packet ( APKT)

This company provides session delivery networks, enables secure, reliable delivery of next-generation voice, video and unified communications over IP networks. This stock is trading up 3% at $20.58 in recent trading.

Today's Volume: 3.02 million

Average Volume: 1.95 million

Volume % Change: 107%

From a technical perspective, APKT is trending up here right above some near-term support at $19 with strong upside volume flows. This move is quickly pushing APKT within range of triggering a near-term breakout trade. That trade will hit once APKT manages to take out some near-term overhead resistance levels at its 200-day at $21.74 and then once it clears more overhead resistance at $22.41 with high volume.

Traders should now look for long-biased trades in APKT as long as it's trending near or above $19, and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.95 million shares. If that breakout triggers soon, then APKT will set up to re-test or possibly take out its next major overhead resistance levels at $25 to $26.

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