52-Week Range: $3.75-$12.48
Three-Month Average Volume: 453,058 >>4 Hot Stocks to Trade (or Not) From a technical perspective, OSUR ripped higher here back above its 50-day moving average of $4.28 with above-average volume. This move is quickly pushing shares of OSUR within range of triggering a near-term breakout trade. That trade will hit if OSUR manages to clear some near-term overhead resistance levels at $4.60 to $4.62 and then once it takes out more resistance at $5.05 with high volume. Traders should now look for long-biased trades in OSUR as long as it's trending above its 50-day at $4.28 or above Friday's low of $4.17 and then once it sustains a move or close above those breakout levels with volume that hits near or above 453,058 shares. If that breakout triggers soon, then OSUR will set up to re-test or possibly take out its next major overhead resistance levels at $5.50 to $6. Any high-volume move above $6 to $6.15 will then put $6.75 to $7 into range for shares of OSUR.