4 Stocks Under $5 Soaring Higher
LDK Solar
LDK Solar (LDK) is a vertically integrated manufacturer of Photovoltaic (PV) products. This stock is trading up 4.9% to $1.90 in recent trading.
Today's Range: $1.54-$1.91
52-Week Range: $1.76-$7.68 Volume: 2.6 million Three-Month Average Volume: 1.6 million >>Solar Stocks That May Not Survive to 2014 From a technical perspective, LDK is moving notably higher here on above average volume. This move is coming off of extremely oversold territory, since its current relative strength index reading is 26.18. If large traders are done selling LDK, then this stock could potentially be preparing for a sharp bounce off these oversold conditions. Traders should now look for long-biased trades if LDK can manage to close near its daily highs. At last check, LDK has hit an intraday high of $1.95 and volume is well above its three-month average action. If we get that action, then look for LDK to take out its next major overhead resistance level at $2.30 to $2.60 to confirm it wants to trend much higher. Some possible targets are $3.10 to its 50-day moving average of $3.24 if we get that large bounce soon. To see more stocks under-$10 that are making notable moves higher today, check out the Stocks Under-$10 Moving Higher portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.Follow Stockpickr on Twitter and become a fan on Facebook.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV