Gentiva Health Services
Today's Range: $5.65-$5.9752-Week Range: $2.81-$21.96 Volume: 74,000 Three-Month Average Volume: 376,545 >>Hot Biotech Stocks Trade by Hedge Funds From a technical perspective, GTIV is soaring higher here on light volume as the stock bounces off some near-term support at around $5.45. This move is quickly pushing GTIV within range of triggering a near-term breakout trade. That trade will hit once GTIV takes out some near-term overhead resistance at $6.20 with high-volume. Traders should now look for long-biased trades if GTIV can sustain a move or close above $6.20, and then its 200-day at $6.59 with volume that's near or above 376,545 shares. If we get that action soon, then GTIV could easily re-test and possibly take out its 50-day moving average of $7.08. To see more stocks under-$10 that are making notable moves higher today, check out the Stocks Under-$10 Moving Higher portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.
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