5 Stocks Under $5 Making Big Moves
Builders FirstSource
Builders FirstSource (BLDR) is a supplier and manufacturer of structural and related building products for residential new construction. This stock is trading up 6.6% to $3.19 in recent trading.
Today's Range: $3.00-$3.23
52-Week Range: $1.01-$3.39 Volume: 466,000 Three-Month Average Volume: 173,802 From a technical perspective, BLDR is now trading within range of triggering a big breakout trade if this stock can manage to take out some overhead resistance at $3.20 to $3.39 with high-volume. Traders should watch for a sustained high-volume move and close above those levels to signal that BLDR wants to trend much higher. Look for volume on the move that's near of well above 173,802 shares. If we get that action soon, then look for BLDR to re-test its next significant overhead resistance levels at $4.30 to around $5. To see more stocks under-$10 that are making notable moves higher today, check out the Stocks Under-$10 Moving Higher portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.Follow Stockpickr on Twitter and become a fan on Facebook.
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