Responsys

Responsys ( MKTG) is a provider of email and cross-channel marketing solutions that enable companies to engage in relationship-based marketing across interactive channels. This stock closed up 9.4% to $16.31 in Wednesday's trading session.

Wednesday's Volume: 1.79 million
Three-Month Average Volume: 421,794
Volume % Change: 317%

>>5 Shareholder Yield Champs to Beat the S&P

From a technical perspective, MKTG gapped sharply higher here and broke out above some near-term overhead resistance at $15.54 with monster upside volume. This move is quickly pushing shares of MKTG within range of triggering a big breakout trade. That trade will hit if MKTG manages to take out Wednesday's high of $16.49 to its 52-week high at $16.93 with high volume.

Traders should now look for long-biased trades in MKTG as long as it's trending above Wednesday's low of $15.44 or above its 50-day at $14.47 and then once it sustains a move or close above those breakout levels with volume that hits near or above 421,794 shares. If that breakout triggers soon, then MKTG will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are its all-time high at $18.19 to north of $20.

Gartner

Gartner ( IT) is an information technology research and advisory company. This stock closed up 1.6% at $57.81 in Wednesday's trading session.

Wednesday's Volume: 1.60 million
Three-Month Average Volume: 459,018
Volume % Change: 276%

>>5 Hated Earnings Stocks You Should Love

From a technical perspective, IT bounced modestly higher here right off some near-term support at $56.55 with strong upside volume. This stock has been trending sideways inside of a consolidation chart pattern for the last month and change, with shares moving between $55.75 on the downside and $59.95 on the upside. Shares of IT are now starting to move within range of triggering a breakout trade above the upper-end of its sideways trading price action. That trade will hit if IT manages to clear its 50-day moving average at $58.84 and then once it takes out more resistance at $59.95 with high volume.

Traders should now look for long-biased trades in IT as long as it's trending above some near-term support levels at $56.55 or $55.75 and then once it sustains a move or close above those breakout levels with volume that's near or above 459,018 shares. If that breakout hits soon, then IT will set up to re-test or possibly take out its 52-week high at $63.

If you liked this article you might like

Cramer: Markets Are Shrugging off Italian Referendum Worries

MSFT, QLIK, ADBE: Jim Cramer's Views

Cramer: The World Hates Tech Right Now

SLB, WBA, DAL: Jim Cramer's Views

Jim Cramer's Top Takeaways: R.R .Donnelley, Salesforce.com