Edap TMS SA
Edap TMS SA ( EDAP) develops, produces and markets minimally invasive medical devices, mainly for urological diseases. This stock is trading up 6% to $3.84 in recent trading.
Today's Range: $3.56-$3.92
52-Week Range: $1.43-$4.94
Three-Month Average Volume: 313,224
52-Week Range: $1.65-$5.79
Three-Month Average Volume: 121,952 Shares of ARWR are soaring higher after the company announced the pricing of a private offering with gross proceeds expected to be $36 million. The offering was priced at $1.83 per share. From a technical perspective, ARWR is soaring here back above some near-term overhead resistance at $1.95 and back above its 50-day moving average at $2.07 with above-average volume. At last check, ARWR has hit an intraday high of $2.09 and volume is just starting to surpass its three-month average action of 121,952 shares. Traders should now look for long-biased trades in ARWR as long as it's trending above $1.95 and then once it sustains a move or close above its 50-day at $2.07 with volume that hits near or above 121,952 shares. If that breakout hits soon, then ARWR will set up to re-test or possibly take out its next major overhead resistance levels at $2.25 to its 200-day at $2.41. Any high-volume move above $2.41 will then put $2.55 to $2.70 into range for shares of ARWR.