This is a biopharmaceutical company focused on discovering and developing drugs that target microRNAs to treat a broad range of diseases. This stock is trading up 12% to $5.81 in recent trading.
Today's Range: $5.21-$5.97
52-Week Range: $4.02-$5.95Volume: 33,000 Three-Month Average Volume: 63,475 From a technical perspective, RGLS is soaring higher here right off some near-term support at $5.20 with lighter volume. This stock has been uptrending strongly for the last few weeks, with shares moving higher from $4.24 to its intraday high of $5.97. During that move, shares of RGLS have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed RGLS within range of triggering a major breakout trade. That trade will hit once RGLS takes out its all-time high of $5.95 with high volume. Traders should now look for long-biased trades in RGLS once it sustains a move or close above $5.95 to 5.97 with volume that hits near or above 63,475 shares. If that breakout triggers soon, then RGLS will set up to enter new all-time high territory, which is bullish technical price action. Some possible upside targets off that breakout are $7 to $8 in the near future. CNinsure (CISG - Get Report) This is an independent insurance intermediary company operating in China. This stock is trading up 3.5% to $6.85 in recent trading. Today's Range: $6.60-$6.99 52-Week Range: $5.00-$9.02 Volume: 157,000 Three-Month Average Volume: 194,267 From a technical perspective, CISG is bouncing higher here right above its 200-day at $6.35 and back above its 50-day at $6.84 with decent volume. This move is quickly pushing CISG within range of triggering a near-term breakout trade. That trade will hit once CISG takes out some near-term overhead resistance levels at $6.85 to $7 with high volume. At last check, CISG has hit an intraday high of $7 and volume is tracking in just a bit below its three-month average action of 194,267 shares. Traders should now look for long-biased trades in CISG as long as it's trending above its 200-day at $6.35, and then once it sustains a move or close above those breakout levels with volume that hits near or above 194,267 shares. If that breakout triggers soon, then CISG will set up to re-test or possibly take out its next major overhead resistance levels at $8 to $8.29. Any move above those levels will then put $9 into focus for shares of CISG.
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