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8 Stocks Under $10 Ripping Higher

Sun Healthcare Group

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Sun Healthcare Group (SUNH) is a health care services company, serving principally the senior population. This stock is trading up 7% to $4.24 in recent trading.

Today's Range: $4.03-$4.25

52-Week Range: $2.06-$15.01

Volume: 552,000

Three-Month Average Volume: 320,302

From a technical standpoint, SUNH is flirting with a major breakout trade today with the stock trading right under a key overhead resistance level. Traders should now watch for a sustained high-volume move or close over $4.26 to $4.49 to signal that SUNH wants to trend much higher.

If that breakout triggers on volume that's above 320,302 shares, then SUNH has a great chance to fill a huge gap down in price from $7. That gap down is from last August, so look for SUNH to soar if $4.49 is taken out with volume.
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