ImmunoGenImmunoGen ( IMGN) is focused on the development of therapeutics for the treatment of cancer using cancer biology, monoclonal antibodies and small molecule cytotoxic or cell-killing, agents. This stock is trading up 3.4% at $17.93 in recent trading. Today's Volume: 553,000 Average Volume: 756,459 Volume % Change: 50% >>5 Stocks That Have Yet to Recover From 2008 From a technical perspective, IMGN is trending higher here right above its 50-day moving average of $16.53 with decent upside volume. This stock has been uptrending notably for the last few weeks, with shares moving higher from its low of $15.18 to its intraday high of $18.33. During that move, shares of IMGN have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of IMGN within range of triggering a major breakout trade. That trade will hit if IMGN manages to take out its 52-week high at $18.83 with high volume. Traders should now look for long-biased trades in IMGN as long as it's trending above its 50-day at $16.53, and then once it sustains a move or close above today's intraday high of $18.33 and then above its 52-week high at $18.83 with volume that hits near or above 756,459 shares. If that breakout triggers soon, then IMGN will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $20 to $25. Intercept PharmaceuticalsIntercept Pharmaceuticals ( ICPT) is a development-stage biopharmaceutical company focused on the development and commercialization of novel therapeutics to treat chronic liver disease utilizing its proprietary bile acid chemistry. This stock is trading up 0.77% at $44.28 in recent trading. Today's Volume: 105,000 Average Volume: 75,759 Volume % Change: 100% >>5 Rocket Stocks to Buy for July From a technical perspective, is trending modestly higher here right above some key near-term support at $43 with above-average volume. This stock has been uptrending incredibly strong for the last month, with shares soaring higher from its low of $30.73 to its recent high of $45. During that uptrend, shares of ICPT have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of ICPT within range of triggering a major breakout trade, which will hit if ICPT manages to take out its all-time high at $45 with high volume.