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8 Stocks Rising on Unusual Volume

Spectrum Pharmaceuticals

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Spectrum Pharmaceuticals (SPPI - Get Report) is a commercial stage biopharmaceutical company, engaged in developing and commercializing therapies with a focus primarily in the areas of hematology-oncology and urology. This stock is trading up 4.2% at $15.12 in recent trading

Today's Volume: 1.1 million

Average Volume: 1.3 million

Volume % Change: 65%

From a technical standpoint, SPPI is starting to trigger a major breakout today now that the stock is flirting with some near-term overhead resistance at $15.09 on solid volume. Market players should now watch for sustained high-volume move and close over $15.09 to signal that this stock wants to move higher in the near future.

If we get that action, I would keep a long bias on this stock and look to play it for more upside as long as we stay above $15.09, within a few percentage points.
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SYM TRADE IT LAST %CHG
ADES $10.00 -1.48%
CALL $6.97 0.29%
NICE $65.18 -0.34%
SPPI $7.03 0.86%
AAPL $113.12 -4.50%

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Chart of I:DJI
DOW 17,550.69 -47.51 -0.27%
S&P 500 2,093.32 -4.72 -0.22%
NASDAQ 5,105.5460 -9.8360 -0.19%

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