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Complete Genomics(GNOM) is a life sciences company that has developed and commercialized a DNA sequencing platform. This stock is trading up 10% at $3.33 in recent trading.
Today's Range: $3.01-$3.46
52-Week Range: $2.21-$18.55
Volume: 2.2 million
Three-Month Average Volume: 1.8 million
>>5 Stocks Under $10 Poised to Move Higher
technical perspective, GNOM has started to flirt with moving back above its 50-day moving average of $3.36 today on heavy volume. This move has also triggered a breakout trade since GNOM has moved above some near-term overheard resistance at $2.99 to $3.02.
Traders should now look for long-biased trades if GNOM can manage to close back above its 50-day and near its daily highs. At last check, GNOM has hit a daily high of $3.46. If we get that action today, then look for GNOM to make a run at its next significant overheard resistance levels at $3.95 to $4.25 in the near future.