Traders should now look for long-biased trades in CHK as long as it's trending above today's low of $19.90, and then once it sustains a move or close above $21.55 with volume that hits near or above 13.47 million shares. If that breakout triggers soon, then CHK will set up to re-test or possibly take out its next major overhead resistance levels at $24 to $25.72. SilganSilgan ( SLGN) is a manufacturer of metal and plastic consumer goods packaging products. This stock closed up 1.7% at $42.75 on Wednesday. Wednesday's Volume: 1.06 million Average Volume: 234,736 Volume % Change: 318% Shares of SLGN moved higher after the company reported record adjusted net income per share of $2.70 and record free cash flow per share that doubled to $4.35. From a technical perspective, SLGN trended higher and back above its 200-day moving average of $42.65 with above-average volume. This move briefly pushed SLGN into breakout territory, since the stock cleared its 50-day moving average at $42.98 and since it took out some near-term overhead resistance levels at $43.30 to $43.34. SLGN closed below all of those levels but above its daily low of $42.01. Shares of SLGN are starting to move within range of triggering another breakout trade. That trade will hit if SLGN manages to take out today's high of $44.34 and then some more overhead resistance levels at $45.05 to $45.07 with high volume. Traders should now look for long-biased trades in SLGN as long as it's trending above its 200-day at $42.65, and then once it sustains a move or close above those breakout levels with volume that hits near or above 234,736 shares. If that breakout triggers soon, then SLGN will set up to re-test or possibly take out its next major overhead resistance level at $46. Approach ResourcesApproach Resources ( AREX) is an independent energy company engaged in the exploration, development, production and acquisition of unconventional natural gas and oil properties in the U.S. and British Columbia. This stock closed up 3.5% at $26.61 on Wednesday.