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Stocks Under $10 with 50-100% upside potential - 14 days FREE!

8 Stocks Under $10 Moving Higher

pSivida

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pSivida (PSDV) develops drug delivery products that are administered by implantation, injection or insertion. This stock is trading up 24% to $2.27 in recent trading.

Today's Range: $1.96-$2.29

52-Week Range: $1.02-$5.23

Volume: 325,000

Three-Month Average Volume: 89,142

From a technical perspective, PSDV is gapping up strong today on heavy volume, and the stock is breaking out above some near-term overhead resistance levels at $1.91 to $2.21.

Traders should continue to look for long biased trades as long as PSDV can close above $2.21 and near its daily highs today. If we get that action, then look for this stock to make a run at its next significant overhead resistance level of $2.85 in the near future.

Any future breakout over $2.85 and its 200-day moving average of $2.99 should then set this stock up for big upside since there's little overhead resistance until around $3.75.

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DOW 17,083.80 -2.83 -0.02%
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