Trading Commentary on High Volume Stocks: (NASDAQ: PPHM), (OTCQB: AAMRQ)
Peregrine Pharmaceuticals Inc. (NASDAQ: PPHM) shows bullish trend despite the stock making slight down movement in its latest trading session. It opened the session at $2.18 and remained in $2.06 and $2.25 price range during the session. The stock is 1.46 percent lower at $2.09. Peregrine’s first support level is at $1.94. Upon breaching this level, the stock may touch $1.66. On the upside, its first resistance level is at $2.53, while its second resistance level is at $3.05.