The Jones Group

The Jones Group ( JNY) designs, markets and wholesales branded apparel, footwear, jeanswear, jewelry and handbags. This stock is trading up 5.4% at $14.41 in recent trading.

Today's Volume: 978,000
Average Volume: 862,543
Volume % Change: 85%

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From a technical perspective, JNY is ripping higher here back above its 50-day moving average of $14.23 with above-average volume. This move is quickly pushing shares of JNY within range of triggering a major breakout trade. That trade will hit if JNY manages to take out some near-term overhead resistance levels at $14.89 to $15.20 and then once it clears its 52-week high at $15.25 with high volume.

Traders should now look for long-biased trades in JNY as long as it's trending above its 50-day at $14.23 or above today's low of $13.78 and then once it sustains a move or close above those breakout levels with volume that hits near or above 862,543 shares. If that breakout triggers soon, then JNY will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $19 to $20.

Rudolph Technologies

Rudolph Technologies ( RTEC) designs, develops and manufactures high-performance process control defect inspection, advanced packaging lithography, metrology and process control software systems used by microelectronics device manufacturers. This stock is trading up 4.1% at $11.90 in recent trading.

Today's Volume: 177,000
Average Volume: 210,706
Volume % Change: 50%

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From a technical perspective, RTEC is spiking sharply higher here off its 200-day moving average of $11.48 and back above its 50-day moving average of $11.68 with decent upside volume. This move is quickly pushing shares of RTEC within range of triggering a major breakout trade, which will hit if RTEC manages to take out some key near-term overhead resistance levels at $12.25 to $12.65 with high volume.

Traders should now look for long-biased trades in RTEC as long as it's trending above its 200-day at $11.48 or above some more near-term support at $11.18, and then once it sustains a move or close above those breakout levels with volume that this near or above 210,706 shares. If that breakout triggers soon, then RTEC will set up to re-fill some of its previous gap-down zone from February that started near $14. Any high-volume move above $14 to $14.10 will then give RTEC a chance to tag $15 to $16.

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