Volume % Change: 108% From a technical perspective, HPQ is trending higher here right above some near-term support at $13 with above-average volume. This stock has been downtrending badly for the last four months, with shares plunging from a high of $20.11 to a recent low of $11.35. During that move, shares of HPQ have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of HPQ have started to bounce strongly off that low of $11.35 and its moving within range of triggering a near-term breakout trade. That trade will hit once HPQ manages to take out its 50-day at $14.21 and then once it clears more overhead resistance levels at $14.48 to $14.85 with high volume. Traders should now look for long-biased trades in HPQ as long as it's trending near or above its 50-day at $14.21, and then once it sustains a move or close above those breakout levels with volume that hits near or above 30.30 million shares. If that breakout hits soon, then HPQ will set up to re-test or possibly take out its next major overhead resistance levels at $17.62 to $18.56. Travelers Companies ( TRV) This company is engaged in providing commercial and personal property and casualty insurance products and services to businesses, government units, associations and individuals. This stock is trading up 4.5% at $73.75 in recent trading. Today's Volume: 3.21 million Average Volume: 2.51 million Volume % Change: 109% Shares of TRV are spiking higher today after the company said its net loss related to Superstorm Sandy will be about $650 million, on a gross loss of $1.135 billion. The company also announced that it plans to resume its share buyback program. From a technical perspective, TRV is gapping higher here right above its 50-day moving average of $70.11 with above-average volume. This move is quickly pushing TRV within range of triggering a major breakout trade. That trade will hit once TRV manages to clear its 52-week high of $74.70 with high volume.