Balchem ( BCPC)

This company is engaged in the development, manufacture and marketing of performance ingredients and products for the food, nutritional, feed, pharmaceutical and medical sterilization industries. This stock is trading up 2.8% at $36.25 in recent trading.

Today's Volume: 178,000

Average Volume: 73,861

Volume % Change: 169%

From a technical perspective, BCPC is bouncing strongly to the upside here right off its 50-day moving average of $34.46 with above-average volume. This stock has been uptrending solidly for the last month and change, with shares soaring from a low of $31.04 to its recent high of $36.55. During that move, shares of BCPC have been mostly making higher lows and higher highs, which is bullish technical price action. That move has pushed BCPC within range of triggering a near-term breakout trade. That trade will hit once BCPC takes out some near-term overhead resistance at $36.50 with high volume.

Traders should now look for long-biased trades in BCPC as long as it's trending above its 50-day at $34.46, and then once it sustains a move or close above $36.50 with volume that hits near or above 73,861 shares. If that breakout hits soon, then BCPC will set up to re-test or possibly take out its next major overhead resistance levels at $37.50 to $38.21. Any high-volume move above $38.21 will then put $40 to $42.50 into focus for shares of BCPC.

ArthoCare ( ARTC)

This is a multi-business medical device company that develops, manufactures and markets invasive surgical products. This stock is trading up 1.6% at $34.02 in recent trading.

Today's Volume: 173,000

Average Volume: 124,635

Volume % Change: 54%

From a technical perspective, ARTC is bouncing higher here right off some near-term support at $33 with above-average volume. This stock has been uptrending solidly for the last two months, with shares soaring from a low of $29.33 to its recent high of $34.03. During that uptrend, shares of ARTC have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed ARTC within range of triggering a major breakout trade. That trade will hit once ARTC manages to clear its 52-week high of $34.03 with high volume.

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