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Acura Pharmaceuticals(ACUR - Get Report) is a specialty pharmaceutical company engaged in research, development and manufacture of product candidates providing abuse deterrent features and benefits utilizing its Aversion and Impede Technologies. This stock is trading up 6.7% to $4.14 in recent trading.
Today's Range: $3.92-$4.20
52-week Range: $2.28-$6.80
Three-Month Average Volume: 73,277
From a technical perspective, ACUR is ripping higher today on strong volume. This spike up has now pushed ACUR within range of triggering a big breakout trade. That breakout will hit once ACUR takes out $4.22 to $4.24 with high-volume.
Traders should look for a sustained high-volume move and close above those levels to signal that ACUR wants to trend much higher. If we get that action soon, then look for ACUR to hit re-test its next significant overhead resistance levels at $4.75 to $5.25 in the near future.
To see more stocks under-$10 that are making notable moves higher today, check out the
Stocks Under-$10 Moving Higher portfolio on Stockpickr.
-- Written by Roberto Pedone in Winderemere, Fla.