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7 Stocks Under $10 Making Big Moves

A123 Systems

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A123 Systems (AONE) provides products, technologies and services in the building products, construction materials and energy industries. This stock is trading up 10% to $1.13 in recent trading.

Today's Range: $1.02-$1.17

52-Week Range: $0.82-$6.25

Volume: 1.3 million

Three-Month Average Volume: 3.7 million

>>Stocks Rising on Unusual Volume

From a technical perspective, AONE is ripping higher here on light volume. This move is quickly pushing the stock within range of triggering a major near-term breakout trade. That trade will hit once AONE takes out some near-term overhead resistance at $1.23 and then its 50-day moving average of $1.38 with heavy volume.

Traders should now look for long-biased trades in AONE if it can sustain a move or close above those levels with volume that's near or well above 3.7 million shares. If that breakout triggers soon, look for AONE to skyrocket towards its next significant overhead resistance levels at $1.77 to $2.06 in the near future.

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