OraSure Technologies

OraSure Technologies ( OSUR) develops, manufactures, markets and sells oral fluid diagnostic products and specimen collection devices in the U.S. and internationally. This stock is trading up 3.9% at $10.61 in recent trading.

Today's Volume: 588,000

Average Volume: 710,794

Volume % Change: 102%

Shares of OSUR are trending to the upside today after the company launched sales of the first home HIV test of its kind to be approved by federal regulators.

From a technical perspective, OSUR is bouncing higher here right off its 200-day moving average of $10.59 with decent volume. This move is quickly pushing OSUR within range of triggering a major breakout trade. That trade will hit once OSUR manages to take out some near-term overhead resistance levels at $11 to $11.43 with high volume.

Traders should now look for long-biased trades in OSUR as long as it's trending above its 50-day at $10.39, and then once it sustains a move or close above those breakout levels with volume that hits near or above 710,794 shares. If that breakout triggers soon, then OSUR will setup to re-test or possibly take out its next major overhead resistance levels at $12.50 to $14.

If you liked this article you might like

Bankruptcies Suddenly Soar Across Corporate America, Worst First Quarter Since 2009

Allied Nevada Gold (ANV) Stock Falls Today as Gold Prices Decline

Allied Nevada Gold (ANV) Stock Falls Today After Preliminary Full-Year Production Announcement

Allied Nevada Gold (ANV) Stock Advances Today as Gold Prices Rise

Allied Nevada Gold (ANV) Stock Is Up Today as Gold Prices Climb