LRR Energy LP ( LRE) intends to operate, acquire, exploit and develop producing oil and natural gas properties in North America. This stock is trading up 8% at $18.89 in recent trading. Today's Volume: 341,000 Average Volume: 83,432 Volume % Change: 344% >>5 Stocks Showing Major Breakouts From a technical perspective, LRE is exploding higher here right off its 200-day moving average of $17.29 and back above its 50-day moving average of $17.76 with heavy upside volume. This move is quickly pushing shares of LRE within range of triggering a near-term breakout trade. That trade will hit if LRE manages to take out some near-term overhead resistance levels at $19.20 to $19.34 with high volume. Traders should now look for long-biased trades in LRE as long as it's trending above $18.25, and then once it sustains a move or close above those breakout levels with volume that hits near or above 83,432 shares. If that breakout triggers soon, then LRE will set up to re-test or possibly take out its next major overhead resistance levels at $20.08 to $20.42. Any high-volume move above $20.42 will then put $21 to $21.62 into focus for shares of LRE.