Masimo (MASI - Get Report) is a medical technology company that develops, manufactures, and markets non-invasive patient monitoring products that help clinicians improve patient care. The stock is trading up 3.8% at $22.42 in recent trading.
Today's Volume: 1.4 millionAverage Volume: 532,392 Volume % Change: 317% From a technical perspective, MASI is getting very close to triggering a breakout trade if this stock can manage to take out some near-term overhead resistance levels soon. Those levels are at $22.89 and then its 200-day moving average of $24.09. The last bit of major overhead resistance for MASI sits at $25.02. Traders should look for long-biased trades if MASI can take out all of those levels on a closing basis with volume. Look for volume that's near or well above 532,392 shares. Masimo shows up on a list of 7 Health Care Stocks for 2012. Follow @stockpickr
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