IsoRay (ISR - Get Report) develops, manufactures and sells isotope-based medical products and devices for the treatment of cancer and other malignant diseases. This stock is trading up 11% to $1.30 in recent trading.
Today's Range: $1.17-$1.5952-Week Range: $0.38-$1.49 Volume: 5.8 million Three-Month Average Volume: 137,976 >>5 Stocks Poised for Breakouts From a technical perspective, ISR is skyrocketing here with monster volume. This move is a continuation of recent upside momentum, since ISR has moved up from 61 cents to today's high of $1.60 in just the last three trading sessions. Today's large spike has also pushed ISR briefly into 52-week-high territory, and the stock has started to challenge some major past overhead resistance at $1.49. Traders should now look for long-biased trades if ISR can manage to sustain a move or close above $1.49 to $1.60 with high-volume. On volume that's near or above 137,976 shares, look for ISR to challenge its next major overhead resistance levels at $1.73 to $1.89 or possibly trade north of $2. On the flipside, I would avoid any long trades in ISR if it moves back below today's low of $1.17 with heavy volume.