Silicon GraphicsSilicon Graphics ( SGI) provides computer and storage as well as data center solutions. This stock is trading up 15.3% at $15 in recent trading. Today's Volume: 845,000 Average Volume: 398,402 Volume % Change: 272% >>5 Hated Stocks That Could Pop in May Shares of SGI are soaring higher today after the company delivered a profit and beat Wall Street's expectations, as well as beat the revenue expectation. Revenue jumped 16.66% to $232.6 million from the year-earlier period. From a technical perspective, SGI is exploding higher here back above its 50-day moving average at $13.87 with above-average volume. This move is quickly pushing shares of SGI within range of triggering a major breakout trade. That trade will hit if SGI manages to take out today's high at $15.02 and then once it clears more key overhead resistance levels at $15.88 to $15.99 with high volume. Traders should now look for long-biased trades in SGI as long as it's trending above its 50-day at $13.87 and then once it sustains a move or close above those breakout levels with volume that hits near or above 398,402 shares. If that breakout triggers soon, then SGI will set up to enter new 52-week high territory above $15.99, which is bullish technical price action. Some possible upside targets off that breakout are $17 to $18. Keynote SystemsKeynote Systems ( KEYN) develops and sells services, hardware and software to measure, test, assure and improve the service quality of Internet and mobile communications. This stock is trading up 4.5% to $11.72 in recent trading. Today's Volume: 190,000 Average Volume: 81,707 Volume % Change: 207% From a technical perspective, KEYN is trending higher here right above its recent low of $10.85 with above-average volume. This stock had been downtrending badly for the last three months, with shares plunging lower from its high of $16.32 to its recent 52-week low of $10.85. During that move, shares of KEYN were consistently making lower highs and lower lows, which is bearish technical price action. That move pushed shares of KEYN into oversold territory, since its recent relative strength index reading was well below 30. Shares of KEYN are now bouncing off oversold levels and attempting to re-fill some of its previous gap down zone from April that started at $13.50.