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8 Stocks Under $10 Skyrocketing Higher

Radian Group

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Radian Group (RDN - Get Report) is a credit enhancement company with a focus on domestic, first-lien residential mortgage insurance (first-lien). This stock is trading up 20% to $2.87 in recent trading.

Today's Range: $2.30-$2.88

52-Week Range: $1.80-$5.21

Volume: 5.4 million

Three-Month Average Volume: 4.98 million

>>3 Financial Stocks With Huge Dividends for Weak Growth

From a technical perspective, RDN is skyrocketing here on above average volume. This move has pushed the stock into breakout territory since it's taken out some near-term overhead resistance at $2.53. The next major breakout trade will trigger once RDN takes out its 200-day moving average of $2.88 with volume.

Traders should now look for long-biased trades if RDN can sustain a move or close over $2.88 with volume that's near or above 4.98 million shares. If we get that action today or soon, then RDN can continue to uptrend back towards its 50-day moving average of $3.40 or possibly much higher.

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SYM TRADE IT LAST %CHG
CLWR $0.00 0.00%
LEAP $0.00 0.00%
RDN $17.94 0.00%
ROSG $3.88 0.00%
PPC $26.24 0.00%

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DOW 18,285.74 +0.34 0.00%
S&P 500 2,130.82 +4.97 0.23%
NASDAQ 5,090.7940 +19.0510 0.38%

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