Another stock that's trending within range of triggering a near-term breakout trade is Durata Therapeutics (DRTX), a pharmaceutical company focused on the development and commercialization of novel therapeutics for patients with infectious diseases and acute illnesses. This stock is off to a decent start for the bulls in 2013, with shares up 12%.
If you take a look at the chart for Durata Therapeutics, you'll notice that this stock has started to bounce higher today right above its 50-day moving average at $7.99 a share with above-average volume. This bounce is quickly pushing shares of DRTX within range of triggering a near-term breakout trade.
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