Pacific Biosciences of California
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VermillionVermillion ( VRML) is engaged in the discovery, development and commercialization of diagnostic tests that help physicians diagnose, treat and improve outcomes for patients. This stock is trading up 21% at $2.23 in recent trading. Today's Range: $1.80-$2.38 52-Week Range: $0.97-$5.69 Volume: 1.9 million Three-Month Average Volume: 703,252 From a technical perspective, VRML has skyrocketed here back above its 200-day moving average at $1.89 and its 50-day moving average of $1.91 with monster volume. This move is quickly pushing VRML within range of triggering an even bigger breakout trade. That trade will hit once VRML takes out some near-term overhead resistance at $2.37 to $2.46 with high volume. At last check, VRML has hit an intraday high of $2.38 and volume is well above is three-month average action. Traders should now look for long-biased trades if VRML can sustain a move or close above $2.37 to $2.46 with volume that's well above 703,252 shares. If we get that action soon, look for VRML to re-test its March high of $3.02 or possibly tend much higher. To see more stocks under-$10 that are making notable moves higher today, check out the Stocks Under-$10 Moving Higher portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.
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