Life Technologies (LIFE) is a global life sciences company. The stock is trading up 3.5% at $48.99 in recent trading.
Today's Volume: 5.6 millionAverage Volume: 1.98 million Volume % Change: 319% From a technical standpoint, LIFE is gapping up big today on very high volume. At last check, LIFE hit a daily high of $50.83, which is very close to a key overhead resistance level at $51.79. The relative strength index (RSI) reading for LIFE is at 73, which indicates an overbought stock. That said, overbought can get move overbought, so watch how LIFE closes today to determine your next trade. Market players should watch for the next breakout trade to trigger on LIFE once it takes out $51.79 with volume. Look for volume that's well above 1.98 million shares if we get that action soon. Life is one of the top holdings at John Paulson's Paulson & Co.
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