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

7 Stocks Under $10 Moving Higher


Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Velti (VELT) is a global provider of mobile marketing and advertising solutions that enable brands, advertising agencies, mobile operators and media companies to implement campaigns by communicating with and engaging consumers through their mobile devices. This stock is trading up 12.8% at $7.10 in recent trading.

Today's Range: $6.29-$7.41

52-Week Range: $6.04-$20.00

Volume: 1.2 million

Three-Month Average Volume: 495,059

From a technical standpoint, VELT is getting very close to triggering a big breakout trade today with the stock bumping up against its 50-day moving average of $7.28 on monster volume. At one point, the stock traded as high s $7.41, which also pushed it above some near-term overhead resistance levels at $7.06 to $7.13.

Traders should now watch for a sustained move and close above the 50-day and near the daily highs to trigger future upside. If we get that action today or in the near future, I would then add to any long positions once VELT takes out $7.73 with volume. A potential target on the upside if all of those levels are cleared is $9 to $9.50.

Velti shows up on a recent list of 13 Tech Stocks to Buy in 2012, along with Apple (AAPL) and Rovi (ROVI).
3 of 8

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
COGO $0.00 0.00%
VELT $0.00 0.00%
ELX $7.99 0.00%
ARNA $1.67 3.10%
LXRX $12.50 -4.00%


Chart of I:DJI
DOW 17,659.14 -91.77 -0.52%
S&P 500 2,050.11 -13.26 -0.64%
NASDAQ 4,727.0990 -36.1250 -0.76%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs