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8 Stocks Under $10 Moving Higher

Avalon Rare Metals

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Avalon Rare Metals (AVL) is a Canada-based mineral exploration and development company. Avalon's primary focus is on rare metals and minerals, including tin, lithium, tantalum, niobium, cesium, indium, gallium, zirconium and calcium feldspar. This stock is trading up 3.7% to $3.07 in recent trading.

Today's Range: $2.98-$3.16

52-Week Range: $2.29-$10.11

Volume: 1.9 million

Three-Month Average Volume: 1.3 million

From a technical perspective, AVL has started to flirt with a breakout trade since the stock briefly traded above some near-term overhead resistance at $3.13 with huge volume.

Traders should continue to look for long biased trades as long as AVL is trending above $3.13, and if it can manage to close near its daily highs. If we get that action today, then look for AVL to re-test its next significant overhead resistance level at $3.48 in the near future.
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SYM TRADE IT LAST %CHG
AVL $0.19 5.86%
DANG $7.71 -8.00%
OTIV $1.34 0.75%
REE $0.40 -3.47%
XOMA $3.86 3.62%

Markets

DOW 17,683.58 -46.53 -0.26%
S&P 500 2,068.76 -8.02 -0.39%
NASDAQ 4,991.94 -17.2740 -0.34%

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