This Day On The Street
Continue to site
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 Stocks Poised for Big Breakouts


Another stock in the biotechnology and drugs complex that's trading close to triggering a near-term breakout is Neuralstem (CUR - Get Report), which is focused on developing and commercializing of treatments for central nervous system disease based on transplanting human neural stem cells and small molecule drugs.

If you look at the chart for Neuralstem, you'll see that this stock recently formed a triple top at around $1.01, $1 and 99 cents per share. Following that topping pattern, shares of CUR plunged to its recent low of 42 cents per share. During that sharp move lower, shares of CUR were consistently making lower highs and lower lows, which is bearish technical price action. That said, this stock has now started to uptick strong and see some massive upside volume flows. The recent bullish trend for CUR has also started to push the stock within range of triggering a major breakout trade.

>>5 Stocks Under $10 Set to Soar Higher

Traders should now look for long-biased trades in CUR if it can manage to break out above some near-term overhead resistance at 58 cents per share with high volume. Look for a sustained move or close above 58 cents per share with volume that registers near or above its three-month average action of 132,434 shares. If that breakout triggers soon, then CUR could explode to the upside and potentially re-fill a previous gap that started above 65 cents. In fact, if CUR breaks out soon with volume, then this stock could hit 80 to 90 cents per share very quickly.

One could look to buy CUR off weakness and simply use a stop that sits just below some near-term support at 50 cents per share. Or you could buy off strength once CUR clears 58 cents per share with volume and gets into that gap down zone from earlier this month. If you buy off strength, then use a stop that also sits just below 50 cents per share.
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

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
LCAV $5.37 0.00%
CLDX $4.00 0.00%
CUR $0.60 0.00%
IPHI $29.67 0.00%
NKTR $15.68 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs