Traders should now look for long-biased trades in LGF as long as it's trending above $22 or $21.50 and then once it sustains a move or close above $23.45 with volume that hits near or above 1.85 million shares. If that breakout triggers soon, then LGF will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $25 to $27. Calamos Asset ManagementCalamos Asset Management ( CLMS) is a global asset management firm that provides investment advisory services to individuals and institutional investors through open-end funds, closed-end funds, separate accounts, offshore funds and partnerships. This stock closed up 5.2% at $12.03 on Monday. Monday's Volume: 601,000 Average Volume: 204,521 Volume % Change: 165% From a technical perspective, CLMS ripped higher here above some near-term support at $11.25, and the stock broke out above some near-term overhead resistance levels at $11.74 to $11.93 with above-average volume. This stock finished the trading session at $12.03, which was about 20 cents off its intraday high of $12.26. Traders should now look for long-biased trades in CLMS as long as it's trending above those breakout levels at $11.74 to $11.93, or above Monday's low at $11.41 with strong upside volume flows. I would consider any upside volume day that registers near or above its three-month average action of 204,521 shares as bullish. If CLMS can maintain that trend, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $12.81 to $13.42. Any high-volume move above $13.42 will then put $13.74 to $14.40 into range for shares of CLMS. To see more stocks rising on unusual volume, check out the Stocks Rising On Unusual Volume portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.