Pacira PharmaceuticalsPacira Pharmaceuticals ( PCRX) is a U.S.-based pharmaceutical company that develops non-opioid products for postsurgical pain control. This stock is trading up 5.5% at $20.45 in recent trading. Today's Volume: 559,000 Average Volume: 305,060 Volume % Change: 209% From a technical perspective, PCRX is soaring higher here right above some near-term support at $18.50 with above-average volume. This move has started to push shares of PCRX into new 52-week-high territory and new all-time high territory, which is bullish technical price action. Whenever a stock hits new all-time highs, then it means there's no more overhead resistance to contend with. Traders should now look for long-biased trades in PCRX as long as it's trending above $19 to $18.50 with strong upside volume flows. I would consider any upside volume day that registers near or above 305,060 shares as bullish. IF PCRX can maintain that trend, then look for this stock to hit $23 to $25 in the near future. AngloGold AshantiAngloGold Ashanti ( AU) is engaged in the mining, extraction and production of gold in South Africa and internationally. This stock is trading up 4.5% at $29.30 in recent trading. Today's Volume: 3.72 million Average Volume: 1.65 million Volume % Change: 194% From a technical perspective, AU is bouncing higher here right above its recent low of $27.02 with heavy upside volume. This stock has been downtrending badly for the last five months, with shares plunging from its high of $36.87 to its recent low of $27.02. During that move, shares of AU have been consistently making lower highs and lower lows, which is bearish technical price action. That said, this bounce for AU off that $27.02 low is now quickly pushing the stock within range of triggering a near-term breakout trade. That trade will hit if AU manages to take out its 50-day moving average of $29.86 with high volume. Traders should now look for long-biased trades in AU as long as it's trending above today's low of $28.10, and then once it sustains a move or close above its 50-day at $29.86 with volume that hits near or above 1.65 million shares. If that breakout hits soon, then AU will set up to re-test or possibly take out its next major overhead resistance levels at $31.88 to its 200-day moving average at $32.87.