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Trius Therapeutics(TSRX) is a biopharmaceutical company focused on the discovery, development and commercialization of antibiotics for life threatening infections. This stock is trading up 5% to $5.97 in recent trading.
Today's Range: $5.71-$6.06
52-Week Range: $4.71-$8.00
Three-Month Average Volume: 191,044
>>5 Stocks Under $10 Poised for Breakouts
technical perspective, TSRX is bouncing hard here right off its 50-day moving average of $5.65 with above average volume. This move has also pushed TSRX into
breakout territory, since the stock has moved above some
near-term overhead resistance at $5.95.
Traders should now look for long-biased in TSRX as long as it's trending above its 50-day
moving average with strong upside volume flows. I would consider any upside volume day that registers near or above 191,044 shares as bullish. If TSRX can maintain that trend, and especially continue to trend above $5.95, then this stock has a great chance of re-testing or possibly taking out its next major overhead resistance level at $6.49.