Traders should now look for long-biased trades in BRCM as long as it's trending above today's low of $34.43, and then once it sustains a move or close above those breakout levels with volume that hits near or above 7.49 million shares. If that breakout triggers soon, then BRCM will set up to re-test or possibly take out its next major overhead resistance levels at $36.76 to $39.17. MarketAxessMarketAxess ( MKTX) operates an electronic trading platform for corporate bonds and certain other types of fixed-income instruments. This stock is trading up 3.8% at $41.51 in recent trading. Today's Volume: 407,000 Average Volume: 317,792 Volume % Change: 104% Shares of MKTX are trending higher here after the company said it beat first-quarter earnings estimates by 4 cents per share, after reporting EPS of 41 cents per share, and revenues rose 9.7% to $55.6 million, vs. the consensus estimate of $54.64 million. From a technical perspective, MKTX is gapping higher here right above $40 with above-average volume. This move has briefly pushed shares of MKTX into breakout territory, since the stock has flirted with some near-term overhead resistance at $41.60. At last check, MKTX has hit an intraday high of $42.13 and volume is well above its three-month average action of 317,792 shares. Shares of MKTX are now starting to move within range of triggering another major breakout trade. That trade will hit if MKTX manages to take out some near-term overhead resistance levels at $42.50 to $42.61 with high volume. Traders should now look for long-biased trades in MKTX as long as it's trending above today's low of $40.70 and then once it sustains a move or close above $42.13 and then above those breakout levels at $42.50 to $42.61 with volume that hits near or above 913,205 shares. If that breakout triggers soon, then MKTX will set up to enter new 52-week-high territory above $42.76, which is bullish technical price action. Some possible upside targets off that breakout are $45 to $50 in the near future. To see more stocks rising on unusual volume, check out the Stocks Rising on Unusual Volume portfolio on Stockpickr.