This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

4 Stocks Under $10 Making Big Moves

WINDERMERE, Fla. ( Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percentage losers.

Stocks that are making large moves like these are favorites among short-term traders because they can jump into these names and try to capture some of that massive volatility. Stocks that are making big-percentage moves either up or down are usually in play because their sector is becoming attractive or they have a major fundamental catalyst such as a recent earnings release. Sometimes stocks making big moves have been hit with an analyst upgrade or an analyst downgrade.

>>5 Huge Stocks to Trade for Gains

Regardless of the reason behind it, when a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits. If you time your trade correctly, combining technical indicators with fundamental trends, discipline and sound money management, you will be well on your way to investment success.

With that in mind, let's take a closer look at a several stocks under $10 that are making large moves to the upside today.

>>5 Stocks Insiders Love Right Now

Hercules Offshore

Hercules Offshore (HERO) is a provider of shallow-water drilling and marine services to the oil and natural gas exploration and production industry globally. This stock is trading up 1.6% to $7.38 in recent trading.

Today's Range: $7.15-$7.56

52-Week Range: $2.91-$7.56

Volume: 2.46 million

Three-Month Average Volume: 3.15 million

From a technical perspective, HERO is bouncing higher here right above its 50-day moving average of $6.84 with decent upside volume. This move has started to push shares of HERO into breakout territory, since the stock has flirted with some near-term overhead resistance levels at $7.40 to $7.42. At last check, HERO has hit an intraday high of $7.56 and volume is just a bit below its three-month average action of 3.15 million shares.

Traders should now look for long-biased trades in HERO as long as it's trending above its 50-day at $6.84, and then once it sustains a move or close above those breakout levels at $7.40 to $7.42 with volume that hits near or above 3.15 million shares. If HERO can sustain that move, then this stock will set up to enter new 52-week-high territory above its intraday high of $7.56, which is bullish technical price action. Some possible upside targets off that breakout are $9 to $10.
1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
CHTP $0.00 0.00%
HERO $1.58 -18.00%
EXK $3.94 1.80%
SVM $0.70 2.90%
AAPL $92.76 -0.51%


Chart of I:DJI
DOW 17,729.57 +68.86 0.39%
S&P 500 2,057.15 +6.52 0.32%
NASDAQ 4,731.2290 +14.1350 0.30%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs