This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Biotech Stocks Under $5 Making Bullish Moves

Anthera Pharmaceuticals

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Anthera Pharmaceuticals (ANTH) is a development-stage, biopharmaceutical company focused on developing and commercializing products to treat diseases associated with inflammation. This stock is trading up 11% to $2.79 in recent trading.

Today's Range: $2.50-$2.80

52-Week Range: $1.44-$8.78

Volume: 808,000

Three-Month Average Volume: 475,864

>>7 Stocks Soaring on Monster Volume

From a technical perspective, ANTH is ripping higher here right off some near-term support at $2.50 with monster volume. This move is quickly pushing ANTH within range of triggering a near-term breakout trade. That trade will hit once ANTH takes out some near-term overhead resistance at $2.82 with high-volume.

Traders should now look for long-biased trades if ANTH can sustain a move or close above $2.82 with volume that's near or above 475,864 shares. If we get that action today or soon, then look for ANTH to re-test and possibly take out its gap-down day high from March of $4. Any high-volume move above $4 will then give this stock a great chance to re-fill some of that gap and possibly trade back towards $5 to $6.

Traders should key off that near-term support of $2.50 and look for that level to hold if ANTH is going to have a chance of making a large move higher soon.

5 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
ANTH $5.24 7.20%
CBLI $3.40 3.03%
CYTX $0.98 -0.33%
MNKD $4.73 -4.60%
AAPL $132.54 2.20%

Markets

DOW 18,127.29 +47.15 0.26%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs