Asset Acceptance Capital
Asset Acceptance Capital (AACC) is engaged in the purchase and collection of defaulted and charged-off accounts receivable portfolios. This stock is trading up 3.2% to $5.10 in recent trading.
Today's Range: $4.92-$5.24
52-Week Range: $3.97-$8.16Volume: 13,000 Three-Month Average Volume: 35,063 From a technical perspective, AACC is trending higher here right above its 50-day moving average of $4.69 with lighter-than-average volume. This move is quickly pushing shares of AACC within range of triggering a near-term breakout trade. That trade will hit if AACC manages to take out some near-term overhead resistance at $5.19 with high volume. At last check, AACC has hit an intraday high of $5.25 and volume is well below its three-month average action of 35,063 shares. Traders should now look for long-biased trades in AACC as long as it's trending above its 50-day at $4.69 and then once it sustains a move or close above $5.19 with volume that hits near or above 35,063 shares. If that breakout triggers soon, then AACC will set up to re-test or possibly take out its next major overhead resistance levels at its 200-day of $5.90 to $6.03. Any high-volume move above $6.03 will then put $6.70 to $7.25 into range for shares of AACC. Cyclacel Pharmaceuticals Cyclacel Pharmaceuticals (CYCC - Get Report) is a development-stage biopharmaceutical company dedicated to the development and commercialization of novel, mechanism-targeted drugs to treat human cancers and other serious diseases. This stock is trading up 8.5% to $5.82 in recent trading. Today's Range: $5.15-$5.86 52-Week Range: $2.73-$8.18 Volume: 398,000 Three-Month Average Volume: 322,805 From a technical perspective, CYCC is soaring higher here back above its 50-day moving average of $5.68 with above-average volume. This move is coming after shares of CYCC recently dropped from its high of $8.18 to its recent low of $5.01. Shares of CYCC are now quickly moving within range of triggering a near-term breakout trade. That trade will hit if CYCC manages to take out some near-term overhead resistance levels at $6.35 to $6.50 with high volume.