Another under-$10 stock that's starting to trend within range of triggering a major breakout trade is Neuralstem ( CUR), which is engaged in the development and commercialization of treatments for central nervous system disease based on transplanting human neural stem cells and the use of small molecule drugs. This stock is off to a decent start in 2013, with shares up 17.4%.
If you take a look at the chart for Neuralstem, you'll notice that this stock has been uptrending strong for the last month, with shares moving higher from its low of $1 to its recent high of $1.29 a share. During that uptrend, shares of CUR have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of CUR within range of triggering a major breakout trade.
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