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Antares Pharma(ATRS - Get Report) is a pharma company that focuses on self-injection pharmaceutical products and technologies and topical gel-based products. This stock is trading up 7.5% to $4.13 in recent trading.
Today's Range: $3.93-$4.28
52-Week Range: $1.51-$3.94
Volume: 2.45 million
Three-Month Average Volume: 1.1 million
From a technical perspective, shares of ATRS is ramping big to the upside here with monster volume, and the stock has started to trigger a near-term breakout since it's cleared some resistance at $3.75 to $3.94. This move has also pushed ATRS into new 52-week high territory, which is bullish
technical price action.
Traders should now look for long-biased trades as long as ATRS is trending above $3.75 to $3.94 with strong upside volume flows. I would consider any upside volume day that registers near or above 1.1 million shares as bullish. If we continue to see that action, then I expect this stock to head north of $5 in the very near future. Keep in mind that a run above $5 will not take place unless ATRS can maintain a trend above $3.75 to $3.94 with strong upside volume flows.
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.