Traders should now look for long-biased trades in GMED as long as it's trending above $11.12, and then once it sustains a move or close above some near-term overhead resistance at $12.50 with volume that hits near or above 255,540 shares. If that breakout hits soon, then GMED will set up for a powerful bounce off oversold levels. Some potential upside targets are $13.50 to $15. Netsuite ( N) This company provides an on-demand, integrated business management application suite which offers Accounting/Enterprise Resource Planning, Customer Relationship Management & Ecommerce functionality to medium-sized businesses & other businesses. This stock is trading up 1.6% at $64.40 in recent trading. Today's Volume: 573,000 Average Volume: 506,319 Volume % Change: 118% From a technical perspective, N is moving up modestly here and breaking out above yesterday's high near $64 with decent volume. This move is quickly pushing N within range of triggering a major breakout trade. That trade will hit once N manages to take out its 52-week high of $67.02 with high volume. Traders should now look for long-biased trades in N as long as it's trending above today's low of $63.08, and then once it sustains a move or close above its 52-week high of $67.02 with volume that hits near or above 506,319 shares. If that breakout triggers soon, then N will set up to enter new 52-week high territory, which is bullish technical price action. Some possible upside targets off that breakout are $70 to $75 in the near future. Informatica ( INFA) This is an independent provider of enterprise data integration and data quality software and services. This stock is trading up 6.6% at $27.40 in recent trading. Today's Volume: 2.69 million Average Volume: 2.47 million Volume % Change: 84% From a technical perspective, INFA is ripping higher here just below its 50-day moving average of $27.48 with above-average volume. This move is quickly pushing shares of INFA within range of triggering a major breakout trade. That trade will hit once INFA manages to clear some near-term overhead resistance levels at $27.63 to $27.95, and then once it takes out more overhead resistance at $30.16 with high volume. At last check, INFA has hit an intraday high of $27.73 and volume is just starting to surpass its three-month average action of 2.47 million shares.