Sequenom (SQNM) is a diagnostic testing and genetics analysis company. This stock is trading up 6.5% at $3.95 in recent trading.
Today's Range: $3.74-$452-Week Range: $3.54-$8.71 Volume: 3.2 million Three-Month Average Volume: 2.7 million >>Health Care Stocks Bought and Sold by Hedge Funds From a technical perspective, SQNM has started to bounce today right near some previous support levels at $3.52 to $3.58 with heavy volume. This move could be signaling that the stock has found a near-term bottom. Traders should now look for long-biased trades if SQNM can close near its daily highs and trigger a near-term breakout. That breakout will hit once some overhead resistance at $4.15 to $4.34 are taken out with volume. Look for volume on a move and close over those levels that are near or above 2.7 million shares. If we get that action soon, look for SQNM to make a run at $5 or higher. Follow @stockpickr
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