3 Stocks Under $10 Making Big Moves
Rosetta Genomics
Rosetta Genomics (ROSG) develops and commercializes diagnostic tests based on microRNAs. This stock is trading up 5.6% to $6.55 in recent trading.
Today's Range: $6.29-$6.87
52-Week Range: $1.40-$23.43 Volume: 3.1 million Three-Month Average Volume: 1.6 million >>10 Companies That Prove That Stock Picking Is Still Alive From a technical perspective, ROSG is pushing higher here back above its 200-day at $6.09, and its flirting with its 50-day at $6.62 with above-average volume. This move is quickly pushing ROSG within range of triggering a major breakout trade. That trade will hit once ROSG manages to clear some near-term overhead resistance at $6.65 to $7.19 with high volume. At last check, ROSG has hit an intraday high of $6.87 and volume is well above its three-month average action of 1.6 million shares. Traders should now look for long-biased trades in ROSG as long as its trending above its 200-day, and then once it sustains a move or close above those breakout levels with volume that's near or above 1,610,000 shares. If that breakout triggers soon, then ROSG will have a great chance of re-testing or possibly taking out its next major overhead resistance levels at $9 to $12. 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.Follow Stockpickr on Twitter and become a fan on Facebook.
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