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8 Stocks Rising on Big Volume

BioMarin Pharmaceutical

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BioMarin Pharmaceutical (BMRN - Get Report) develops and commercializes pharmaceuticals for serious diseases and medical conditions. This stock is trading up 1.2% at $37.05 in recent trading.

Today's Volume: 824,000

Average Volume: 1.05 million

Volume % Change: 69%

>>5 Stocks Setting Up to Break Out

From a technical perspective, BMRN is bouncing off some near-term support here at around $36 to $35.50 with decent volume. This stock is now trending just a few points off a major breakout trade. That trade will trigger once BMRN can manage to take out some overhead resistance and its 52-week high of $39.20 with high volume.

Traders should look for long-biased trades if BMRN can sustain a move or close over $39.20 with volume that's near or above 1,051,880 shares. If we get that action soon, then BMRN should easily trade up into the mid-$40s.
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SYM TRADE IT LAST %CHG
VMED $0.00 0.00%
BMRN $127.36 0.72%
GRPN $4.31 0.47%
LOGI $13.19 -1.30%
NDAQ $50.84 -0.61%

Markets

Chart of I:DJI
DOW 16,161.55 -213.21 -1.30%
S&P 500 1,925.20 -25.93 -1.33%
NASDAQ 4,691.0070 -42.49 -0.90%

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