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8 Stocks Under $10 Ripping Higher

LiveDeal

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LiveDeal (LIVE) provides local customer acquisition services for small businesses. This stock is trading up 8.3% at $6.60 in recent trading. Today's Range: $6.40-$6.88 52-week Range: $1.02-$7.37 Volume: 100,000 Three-Month Average Volume: 74,548

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From a technical perspective, LIVE is gapping up strong here on above average volume, and its breaking out above some near-term overhead resistance at $5.95 to $6.10. This move is pushing LIVE within range of triggering another major breakout trade. That trade will hit once LIVE takes out some past overheard resistance at $7.19 to $7.37 with high volume.

Traders should continue to look for long-biased trades in LIVE as long it closes near its daily highs, and then triggers that breakout over $7.19 to $7.37 on volume that's near or above 74,548 shares. If we see that action soon, then LIVE could trend toward $9 or higher.

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SYM TRADE IT LAST %CHG
ARNA $3.92 -1.50%
IL $10.65 0.00%
PVA $4.64 -3.10%
SOL $1.46 -3.30%
SQNS $2.01 0.00%

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