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Traders Get Bullish on Shares of Rosetta Genomics, Shares Up 13.8% (ROSG)
[May 20, 2013]

Traders Get Bullish on Shares of Rosetta Genomics, Shares Up 13.8% (ROSG)


May 20, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Rosetta Genomics (NASDAQ:ROSG) is one of today's best performing low-priced stocks, up 13.8% to $3.87 on 2.4x average daily volume. Thus far today, Rosetta Genomics has traded 642,000 shares, vs. average volume of 263,000 shares per day. The stock has outperformed the Dow (13.8% to the Dow's -0.0%) and outperformed the S&P 500 (13.8% to the S&P's 0.1%) during today's trading.

Rosetta Genomics (NASDAQ:ROSG) has potential upside of 158.4% based on a current price of $3.87 and analysts' consensus price target of $10.00. Rosetta Genomics shares should first meet resistance at the 50-day moving average (MA) of $3.89 and find additional resistance at the 200-day MA of $4.71.

Rosetta Genomics share prices have moved between a 52-week high of $26.70 and a 52-week low of $1.40 and are now trading 176% above that low price at $3.87 per share. Over the past week, the 200-day moving average (MA) has gone down 2.9% while the 50-day MA has declined 2.8%.


Rosetta Genomics Ltd. is a biomedical company that discovers and develops diagnostic and therapeutic products based on a recently discovered group of genes known as microRNAs.

SmarTrend recommended that its subscribers protect gains by selling shares of Rosetta Genomics on April 15th, 2013 by issuing a Downtrend alert when the shares were trading at $3.58. Since that call, shares of Rosetta Genomics have fallen 5.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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