Alexza Pharmaceuticals (ALXA - Get Report) is a pharmaceutical company focused on the research, development and commercialization of products for the acute treatment of central nervous system conditions. This stock is trading up 3.2% at $4.68 in recent trading.
Today's Range: $4.59-$4.7852-Week Range: $2.55-$14.80 Volume: 163,000 Three-Month Average Volume: 451,702 From a technical perspective, ALXA is trending higher here with light volume. This move is quickly pushing ALXA within range of triggering a major breakout trade. That trade will hit once ALXA manages to clear some near-term overhead resistance levels at $4.85 to $5.33 with high volume. Traders should now look for long-biased trades in ALXA as long as it's trending above $4.40, and then once it sustains a move or close above those breakout levels with volume that's near or above 451,702 shares. If that breakout triggers soon, then look for ALXA to tag its next major overhead resistance levels at $6 to $7 in the near future. 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.
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