New York, NY -- (ReleaseWire) -- 04/02/2013 --Optimer Pharmaceuticals Inc. (NASDAQ: OPTR) shows bullish trend as the stock made a sharp movement in its latest trading session. It opened the session at $11.80 and remained in $11.80 and $14.48 price range during the session. The stock is 19.97 percent higher at $14.00. Optimer Pharmaceuticals’ first support level is at $13.50. Upon breaching this level, the stock may go as low as $13.25. On the upside, its first resistance level is at $14.35. The stock is up with very heavy volume of 2.781 million shares, confirming bullish trend.
Optimer Pharmaceuticals is rumored to be takeover target for various pharma companies including Glaxo.
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Sport Chalet Inc. (NASDAQ: SPCHB) is trading in the range of $1.44 and $1.51during its latest trading session. The stock recorded the volume of 500 shares. Sport Chalet shows bullish trend, which is further confirmed by its MACD and EMA charts. The stock opened at $1.44 and is at $1.51, up 13.44 percent from its previous close of $1.33. It has its first support level at $1.48. Upon breaching this level, the stock may touch $1.35. In the intermediate time period, the stock may test $1.65 resistance level.
Sport Chalet operates specialty sporting goods stores and it is operational in the United States.
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Daily Commentary &Trend Reports For: (NASDAQ: OPTR), (NASDAQ: SPCHB)