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8 Stocks Under $10 Moving Higher

Acura Pharmaceuticals

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Acura Pharmaceuticals (ACUR) is a specialty pharmaceutical company engaged in research, development and manufacture of product candidates providing abuse deterrent features and benefits utilizing its Aversion and Impede Technologies. This stock is trading up 6.7% to $4.14 in recent trading.

Today's Range: $3.92-$4.20

52-week Range: $2.28-$6.80

Volume: 311,000

Three-Month Average Volume: 73,277

From a technical perspective, ACUR is ripping higher today on strong volume. This spike up has now pushed ACUR within range of triggering a big breakout trade. That breakout will hit once ACUR takes out $4.22 to $4.24 with high-volume.

Traders should look for a sustained high-volume move and close above those levels to signal that ACUR wants to trend much higher. If we get that action soon, then look for ACUR to hit re-test its next significant overhead resistance levels at $4.75 to $5.25 in the near future.

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.

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Stock quotes in this article: ACAD, ECYT, HOLI, GALE, EMKR, ZLCS, CLDX, ACUR 
At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to Beconequity.com and maintains the website Maddmoney.net, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.

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