Spero Therapeutics attempting follow through move

(24/7 MARKET NEWS) – Spero Therapeutics Inc. (NASDAQ:SPRO) remains active in this morning’s premarket. It’s trading at $1.27, $0.14 (+12.39%), on nearly 5 million premarket shares traded.

This one has a very interesting chart, with yesterday’s trading forming the support and resistance levels. Spero closed yesterday at $1.13, up $0.4033 (+55.50%), after opening at $0.8353 and hitting a high of $1.90, on share volume of 80,518,325.

If it can remain above yesterday’s $1.13 closing level and then take out yesterday’s $1.90 high, on strong volume, it could fill in the early May gap to about the $4.50 level.

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