StemCells

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StemCells ( STEM) is engaged in the research, development and commercialization of stem cell therapeutics and related enabling technologies for academia and industry. This stock is trading up 16.4% at $1.70 in recent trading.

Today's Range: $1.52-$1.75

52-Week Range: $0.59-$2.65

Volume: 2.1 million

Three-Month Average Volume: 1.6 million

Shares of STEM are skyrocketing today after Maxim Group initiated coverage on the stock with a buy rating and a $2.50 price target.

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From a technical perspective, STEM is bouncing strong here right off some major support at $1.40 with heavy volume. This move is quickly pushing STEM within range of triggering a near-term breakout trade. That trade will hit once STEM takes out some near-term overhead resistance levels at $1.87 to $1.96 with high volume.

Traders should now look for long-biased trades once STEM sustains a move or close above those levels with volume that's near or above 1,573,790 shares. If we get that move soon, then look for STEM to re-test and possibly take out its next major overhead resistance levels at $2.31 to $2.65. Keep in mind that this stock can be bought off weakness as long as $1.50 to $1.40 holds. LiveDeal

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LiveDeal ( LIVE) provides local customer acquisition services for small businesses. This stock is trading up 7.3% at $5.29 in recent trading.

Today's Range: $4.97-$5.29

52-Week Range: $1.02-$18.58

Volume: 7,700

Three-Month Average Volume: 80,775

Shares of LIVE are moving notably higher today after the company reported third quarter revenue of $0.8 million vs. $1.1 million in the third quarter of last year.

From a technical perspective, LIVE is moving higher here right off some near-term support at $5 with light volume. This move is coming after LIVE was hammered by the bears during the last two months, with shares dropping from $18.58 to its recent low of $4.75.

Traders should now look for long-biased trades once LIVE clears its 200-day at $5.37, and then once it takes out some near-term overhead resistance at $5.71 with high volume. Look for a sustained move or close above those levels with volume that's near or above 80,775 shares. If we get that action soon, then LIVE has a great chance of bouncing hard back towards its 50-day moving average of $8.50.

Keep in mind that one can buy this off of weakness and anticipate that breakout and simply use $5 to $4.75 as support zones.

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