New York (December 17th, 2012) - Stereotaxis Inc. (NASDAQ: STXS), a developer of probes, devices, therapeutic and magnetic surgery delivery systems, is amongst the major gainers on the NASDAQ in mid-day trading today. STXS has been gaining momentum since last week after the company’s CEO said that incoming orders are accelerating.
STXS is currently trading 10% higher at $2.64 on volume of 342,866, which is nearly three times the daily average volume of 115,659. The stock has gained 60% in the last three trading sessions.STXS has broken through $2.40 resistance level today. The stock also crossed its 200-day moving average earlier today before slipping back below it. Technical indicators for STXS are currently giving strong bullish signals. The rally could continue in the next few trading sessions.
Find out if STXS could maintain its bullish momentum by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=STXS China Gerui Advanced Materials Group Ltd. (NASDAQ: CHOP), a manufacturer and seller of cold-rolled strip steel products in the People’s Republic of China, is gaining in mid-day trading today, extending its gains from last week.
CHOP has, in fact, been gaining momentum over the last couple weeks. The rally began after the company announced results of its 2012 Annual General Meeting. CHOP is currently trading 0.98% higher. The stock has gained nearly 27% in the last three trading sessions.
CHOP is currently trading around $2.05, which has been a stiff resistance level for the stock. The upward momentum will continue if the stock can break through this level. However, volume activity in today’s trading suggests that the two-week rally may be coming to an end.
Find out what traders and investors need to do with CHOP by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=CHOP About Us:
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