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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 $107.13 -1.60%
GRPN $8.18 -1.40%
LOGI $14.78 -1.60%
NDAQ $50.16 -0.95%

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

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