Omthera PharmaceuticalsOmthera Pharmaceuticals ( OMTH) is focused on the development and commercialization of new therapies for abnormalities in blood lipids, referred to as dyslipidemia, and the treatment of cardiovascular disease. This stock is trading up 4.4% to $7.55 in recent trading. Today's Range: $7.40-$7.70 52-Week Range: $5.69-$7.80 Volume: 76,000 Three-Month Average Volume: 325,762 From a technical perspective, OMTH is spiking sharply higher here with lighter-than-average volume. This move is quickly pushing shares of OMTH within range of triggering a major breakout trade. That trade will hit if OMTH manages to take out its all-time high at $7.80 with high volume. Traders should now look for long-biased trades in OMTH as long as it's trending above $7.20 and then once it sustains a move or close above $7.70 to $7.80 with volume that hits near or above 325,762 shares. If that breakout triggers soon, then OMTH will set up to enter new all-time-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $8.50 to $9 in the near-term. InspiredMDInspiredMD ( NSPR) is a medical device company focusing on the development and commercialization of its proprietary stent platform technology, MGuard. This stock is trading up 2.3% to $2.59 in recent trading. Today's Range: $2.44-$2.65 52-Week Range: $1.88-$10.16 Volume: 313,000 Three-Month Average Volume: 99,632 From a technical perspective, NSPR is trending higher here right off its 50-day moving average at $2.42 with heavy upside volume. This stock has been getting heavy upside volume flows for the last few weeks, which is bullish technical action. Shares of NSPR are now quickly moving within range of triggering a major breakout trade. That trade will hit if NSPR manages to take out some near-term overhead resistance levels at $2.85 to $3 with high volume. Traders should now look for long-biased trades in NSPR as long as it's trending above its 50-day at $2.42 and then once it sustains a move or close above those breakout levels with volume that hits near or above 99,632 shares. If that breakout triggers soon, then NSPR will set up re-test or possibly take out its next major overhead resistance levels at $3.55 to $4.25. This stock could even tag its 200-day at $4.80 if it breaks out soon and catches some momentum buying.