Average Volume: 100,525

Volume % Change: 186%

>>5 Health Care Stocks Ready to Break Out

From a technical perspective, TSRO is ripping higher here above some past resistance at $22.89 with above-average volume. This move is quickly pushing shares of TSRO within range of triggering a major breakout trade. That trade will hit if TSRO manages to take out its previous double top resistance area at $25.03 to $25.13 with high volume. At last check, TSRO had hit an intraday high of $25.17, and volume wass above its three-month average action of 100,525 shares.

Traders should now look for long-biased trades in TSRO as long as it's trending above $22.89 and then once it sustains a move or close above those breakout levels with volume that hits near or above 100,525 shares. If that breakout hits soon, then TSRO will set up to enter new 52-week-high territory and all-time-high territory above $25.17, which is bullish technical price action. Some possible upside targets off that breakout are $28 to $30.

Carlyle Group

Carlyle Group ( CG) primarily engages in private equity investment management and financing services and invests, directly and indirectly, in private-equity-related instruments on behalf of its clients. This stock is trading up 3.6% at $31.78 in recent trading.

Today's Volume: 280,000

Average Volume: 248,290

Volume % Change: 170%

From a technical perspective, CG is trending higher here right above some near-term support at $29.90 with above-average volume. Shares of CG recently formed a double bottom chart pattern at $29.86 to $29.90, and the stock is now ripping off that bottom and moving within range of triggering a near-term breakout trade. That trade will hit if CG manages to clear some near-term overhead resistance at $31.73 and then once it takes out its 50-day at $31.77 with high volume.

Traders should now look for long-biased trades in CG as long as it's trending above today's low of $30.89 and then once it sustains a move or close above those breakout levels with volume that hits near or above 248,290 shares. If that breakout triggers soon, then CG will set up to re-test or possibly take out its next major overhead resistance levels at $33 to $34.24. Any high-volume move above $34.24 will then put $37 to $37.89 into range for shares of CG.

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