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OraSure Technologies(OSUR - Get Report)
This company is engaged in the development, manufacture, marketing and sale of oral fluid diagnostic products and specimen collection devices using its oral fluid technologies, as well as other diagnostic products, including immunoassays and other in-vitro diagnostic tests that are used on other specimen types, and other medical devices used for the removal of benign skin lesions by cryosurgery or freezing. The stock is trading up 4.1% at $11.28 in recent trading.
Today's Volume: 640,000
Average Volume: 242,366
Volume % Change: 246%
From a technical standpoint, OSUR recently triggered a major breakout trade once the stock moved above $9.96 to $10.10 with monster volume. This move today in OSUR has now pushed the stock into 52-week high territory. Considering that the upside volume for OSUR has been huge the last two trading sessions, traders should continue to look for long biased trades as long as the stock contuse to trend above those breakout levels.