HanesbrandsHanesbrands ( HBI) designs, manufactures, sources and sells a range of apparel essentials such as T-shirts, innerwear, casualwear, activewear, socks and hosiery. This stock is trading up 2.3% at $39.07 in recent trading. Today's Volume: 1.41 million Average Volume: 856,545 Volume % Change: 204% Shares of HBI are moving higher today after the company reported that fourth quarter net income nearly doubled as the firm benefited from subsiding cotton prices and its move to exit from unprofitable businesses. From a technical perspective, HBI is spiking higher here right above some near-term support at $36.84 with heavy upside volume. This move is quickly pushing shares of HBI within range of triggering a major breakout trade. That trade will hit if HBI manages to clear its 52-week high of $39.50 with high volume. Traders should now look for long-biased trades in HBI as long as it's trending above some key near-term support at $36.84, and then once it sustains a move or close above its 52-week high of $39.50 with volume that hits near or above 856,545 shares. If that breakout triggers soon, then HBI will set up to enter new 52-week high territory, which is bullish technical price action. Some possible upside targets off that breakout are $43 to $45. Wabco HoldingsWabco Holdings ( WBC) is a provider of electronic, mechanical and mechatronic products for the commercial truck, trailer, bus and passenger car manufacturers. This stock is trading up 2.3% at $65.61 in recent trading. Today's Volume: 886,000 Average Volume: 489,229 Volume % Change: 188% From a technical perspective, WBC is moving modestly higher here right above its 50-day moving average of $63.37 with above-average volume. This stock has been uptrending strong for the last four months, with shares moving higher from its low of $55.30 to its recent high of $67.26. During that move, shares of WBC have been mostly making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of WBC within range of triggering a major breakout trade, which will hit if WBC manages to take out some near-term overhead resistance at $66 and then once it clears its 52-week high of $67.26 with high volume.