Sequenom (SQNM) is a molecular diagnostic testing and genetics analysis company. This stock is trading up 1% at $3.76 in recent trading.
Today's Range: $3.64-$3.8352-Week Range: $3.46-$7.80 Volume: 1.1 million Three-Month Average Volume: 3.9 million >>22 Biopharma Stocks With Breakout Potential in 2012 From a technical perspective, SQNM is moving modestly higher here right near some recent support at $3.64 with light volume. Since the start of June, shares of SQNM have started to make higher lows, which could be indicating the stock is bottoming. Traders should now look for long-biased trades if that near-term low of $3.64 can hold. Also, to confirm that SQNM is gearing up for a run higher, look for some better volume to start coming into this stock. I would recommend looking for upside volume that's near or above 3,892,630 shares. If that $3.64 level holds, then SQNM could be gearing up for a re-test and possibly breakout above its 50-day moving average at $4.24 and then its 200-day at $4.36.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV