Traders should now look for long-biased trades in ROSG as long as it's trending above its 50-day at $3.74 or above some more key near-term support at $3.62 and then once it sustains a move or close above $4.15 to $4.22 with volume that hits near or above 267,956 shares. If that breakout triggers soon, then ROSG will set up to re-test or possibly take out its next major overhead resistance levels at its 200-day moving average of $4.65 to $4.70. Any high-volume move above those levels will then put its next major overhead resistance levels at $5.25 to $5.50, or even $6 into range for shares of ROSG.
To see more stocks that are making notable moves higher today, check out the Stocks Under $10 Moving Higher portfolio on Stockpickr.
-- Written by Roberto Pedone in Madison, Wis.
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