AudioCodes Ltd. (AUDC) has an interesting setup -- a setup I've had success with in the past. The stock recently downtrended into previous low price levels. Once it reached the previous low, AUDC stabilized a bit, then broke out of downtrend resistance on heavy upside volume. On top of that, the stock is now putting in a bullish MACD crossover.

All of those factors indicate bullish price action in AUDC. One important thing to keep in mind is that this is a fairly low volume stock, so proceed with caution. Aside from low average volume, I like this setup a lot.

Andy Swan is co-founder and head trader for DaytradeTeam.com.  To get all of Andy's day trading, swing trading, and options trading alerts in real time, subscribe to a one-week, all-inclusive trial membership to DaytradeTeam by clicking here.