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7 Stocks Under $10 Making Big Moves

Osiris Therapeutics

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Osiris Therapeutics (OSIR) is a stem cell therapeutic company. It focuses on developing and marketing products to treat serious medical conditions in the inflammatory, autoimmune, orthopedic and cardiovascular areas. This stock is trading up 2% to $5.40 in recent trading.

Today's Range: $5.32-$5.65

52-Week Range: $4.12-$8.39

Volume: 104,000

Three-Month Average Volume: 85,276

>>5 Stocks That Could Crush the Bears

From a technical perspective, OSIR has started to flirt with a major breakout trade here since the stock briefly moved above some near-term overhead resistance at $5.51 to $5.50 with above average volume. At last check, OSIR has moved off its daily high of $5.65 with shares changing hands around $5.40.

Traders should now look for long-biased trades as long as OSIR can maintain a trend above $5.51 with strong volume. Look for volume that's near or well above 85,276 shares. If we get that action, then look for OSIR to re-test its February high of $6.09 in the near future. Keep in mind that if $6.09 would then get taken out with high volume, this stock has little overhead resistance until $7.50 to $8.

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