AXTAXT ( AXTI), which develops, manufactures and distributes high-performance semiconductor substrates, is trading up 8.2% to $3.03 in recent trading. Today's Range: $2.91-$3.10 52-Week Range: $2.60-$6.84 Volume: 190,000 Three-Month Average Volume: 148,674 Shares of AXTI are trending higher today after B. Riley recommended adding to AXT postions following the solid fourth quarter report. The firm has a buy rating on the stock with a $4.60 a share price target. >>4 Tech Stocks Spiking on Big Volume From a technical perspective, AXTI is exploding higher here right off its 50-day moving average of $2.91 with above-average volume. This move is quickly pushing shares of AXTI within range of triggering a near-term breakout trade. That trade will hit if ATXI manages to take out some near-term overhead resistance levels at $3.10 to $3.14 with high volume. Traders should now look for long-biased trades in AXTI as long as it's trending above its 50-day at $2.91 and then once it sustains a move or close above those breakout levels with volume that hits near or above 148,674 shares. If that breakout triggers soon, then AXTI will set up to re-test or possibly take out its next major overhead resistance levels at its 200-day of $3.28 or at $3.55 to $3.57. Any high-volume move above $3.57 will then put $4 to $4.14 into range for shares of AXTI. DurectDurect ( DRRX) is a specialty pharmaceutical company focused on the development of pharmaceutical products based on its proprietary drug delivery technology platforms. This stock is trading up 7.5% to $1.14 in recent trading. Today's Range: $1.08-$1.23 52-Week Range: $0.61-$1.71 Volume: 634,000 Three-Month Average Volume: 384,381 Shares of DRRX are trending higher today in front of its earnings report due out on Thursday, Feb. 28, after the market close. >>5 Health Care Stocks Triggering Buys From a technical perspective, DRRX is bouncing hard to the upside here right above both its 50-day at $1.03 and its 200-day at $1.05 with heavy upside volume. This stock has been uptrending strong for the last three months, with shares moving higher from its low of 75 cents to its recent high of $1.25. During that move, shares of DRRX have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of DRRX within range of triggering a near-term breakout trade. That trade will hit if DRRX manages to take out some near-term overhead resistance at $1.25 with high volume.