8 Stocks Under $10 Making Big Moves
Exide Technologies
Exide Technologies (XIDE) is a provider of stored electrical energy solutions, and is a manufacturer and supplier of lead-acid batteries for transportation and industrial applications worldwide. This stock is trading up 6% at $2.97 in recent trading.
Today's Range: $2.82-$3.02
52-Week Range: $2.22-$10.25 Volume: 307,000 Three-Month Average Volume: 1.2 million >>5 Industrial Stocks Funds Love for 2012 From a technical perspective, XIDE is bouncing strong today right near some previous support levels at $2.68 to $2.73 on light volume. This move is quickly pushing the stock within range of triggering a major breakout. That breakout will hit once XIDE moves back above its 50-day moving average of $3.11 and then takes out some near-term overhead resistance at $3.32 with high-volume. Look for volume on sustained move and close over those levels that are near or above 1,158,920 shares. If we get that action soon, XIDE could fill a previous gap down in price that started above $4. Follow @stockpickrSelect the service that is right for you!
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