Rockwell Medical (
RMTI) is a biopharmaceutical company targeting end-stage renal disease and chronic kidney disease with innovative products and services for the treatment of iron deficiency, secondary hyperparathyroidism and hemodialysis. This stock is trading up 2.1% to $4.08 in recent trading.
Today's Range: $3.92-$4.11
52-Week Range: $3.16-$10.70
Three-Month Average Volume: 569,097
>>5 Rocket Stocsk to Buy as Stocks Bounce
From a technical perspective, RMTI is bouncing higher here right above its 50-day moving average of $3.84 with above-average volume. This stock has started to enter breakout territory, since it's taken out some near-term overhead resistance at $3.98. That move is quickly pushing shares of RMTI within range of triggering another major breakout trade. That trade will hit if RMTI manages to take out some near-term overhead resistance levels at $4.20 to $4.32 and then once it clears more resistance at $4.50 to $4.86 with high volume.
Traders should now look for long-biased trades in RMTI as long as it's trending above its 50-day at $3.84 or above some more key support at $3.77 and then once it sustains a move or close above those breakout levels with volume that hits near or above 569,097 shares. If that breakout triggers soon, then RMTI will set up re-test or possibly take out its next major overhead resistance levels at $5 to 5.20. Any high-volume move above those levels will then put $5.50 to its 200-day moving average at $6.13 into range for shares of RMTI.
) is a gold and silver mining company with contiguous property in the historic Comstock and Silver City mining districts. This stock is trading up 4.9% to $2.08 in recent trading.
Today's Range: $1.99-$2.08
52-Week Range: $1.67-$3.42
Three-Month Average Volume: 195,691
From a technical perspective, LODE is surging higher here back above its 50-day moving average of $1.97 with above-average volume. This move has started to push LODE into breakout territory since the stock has taken out some near-term overhead resistance levels at $2.04 to $2.05. At last check, LODE has hit an intraday high of $2.08 and volume is well above its three-month average action of 195,691 shares. This move is quickly pushing shares of LODE within range of triggering another major breakout trade, which will hit if LODE takes out some near-term overhead resistance levels at $2.18 to $2.20 with high volume.