MAP Pharmaceuticals, Inc. (NASDAQ: MAPP): fell by 9.55% or $-1.6/share in after hours trading to $15.16. In today's trading session, MAPP traded higher by 10.55% or $1.6/share to $16.76. In the past year, the shares have traded as low as $10.54 and as high as $17.92. On average, 228069 shares of MAPP exchange hands on a given day and today's volume is recorded at 1404623. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $15.92 represents resistance and the 200-day moving average of $14.62 would be an area of support.
Cepheid (NASDAQ: CPHD): fell by 2.99% or $-1.27/share in after hours trading to $41.21. In today's trading session, CPHD traded higher by 3.08% or $1.27/share to $42.48. In the past year, the shares have traded as low as $26.58 and as high as $45.00. On average, 679575 shares of CPHD exchange hands on a given day and today's volume is recorded at 521861. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $42.03 represents resistance and the 200-day moving average of $37.16 would be an area of support.
Rambus Inc. (NASDAQ: RMBS): traded higher by 2.60% or $0.17/share in after hours trading to $6.70. In today's trading session, RMBS fell by 2.54% or $-0.17/share to $6.53. In the past year, the shares have traded as low as $4.00 and as high as $21.69. On average, 1437850 shares of RMBS exchange hands on a given day and today's volume is recorded at 661174. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $7.24 area but be careful because the stock may face selling pressure at this level.
Sycamore Networks Inc. (NASDAQ: SCMR): traded higher by 2.59% or $0.46/share in after hours trading to $18.25. In today's trading session, SCMR fell by 2.52% or $-0.46/share to $17.79. In the past year, the shares have traded as low as $15.60 and as high as $25.59. On average, 87077 shares of SCMR exchange hands on a given day and today's volume is recorded at 57140. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $18.63 area where the stock may encounter resistance.
McMoRan Exploration Co. (NYSE: MMR): traded higher by 5.43% or $0.69/share in after hours trading to $13.40. In today's trading session, MMR fell by 5.15% or $-0.69/share to $12.71. In the past year, the shares have traded as low as $8.25 and as high as $19.26. On average, 2297850 shares of MMR exchange hands on a given day and today's volume is recorded at 2366027. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $13.56 represents resistance and the 200-day moving average of $13.13 would be an area of support.
