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8 Stocks Under $10 Soaring Higher

Charles & Colvard

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Charles & Colvard (CTHR - Get Report) manufactures, markets and distributes jewels and finished jewelry featuring moissanite for sale in the worldwide jewelry market. This stock is trading up 15.2% to $3.19 in recent trading.

Today's Range: $2.91-$3.28

52-Week Range: $1.58-$3.99

Volume: 186,000

Three-Month Average Volume: 24,942

Shares of CTHR are soaring today after the company said fourth-quarter preliminary net sales increased more than 90% versus the same period last year.

From a technical standpoint, CTHR has started to trigger a major breakout today now that this stock has moved above some near-term overhead resistance levels at $2.75 to $2.85 on monster volume.

Market players should now look for long biased trades as long as CTHR can close near its daily highs. The next significant overhead resistance level is $3.78 and then $3.99, so look for those levels to get tagged soon as long as CTHR continues to trend above $2.85.
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CHGS $0.00 0.00%
ZOOM $0.01 0.00%
ACLS $2.59 0.00%
ARRY $4.04 0.00%
AVL $0.10 0.00%


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