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7 Stocks Under $10 Making Big Moves Higher

Amtech Systems

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Amtech Systems (ASYS - Get Report) is a global provider of thermal processing systems, including related automation, parts and services for the solar/photovoltaic, semiconductor, silicon wafer and microelectromechanical systems industries. This stock is trading up 8% at $4.28 in recent trading.

Today's Range: $3.91-$4.31

52-Week Range: $3.65-$21.25

Volume: 127,000

Three-Month Average Volume: 162,098

>>6 Oversold Stocks Ready to Bounce Higher

From a technical perspective, ASYS is moving sharply higher here with decent volume following some recent weakness where the stock hit a 52-week low of $3.65.

Traders should now look for long-biased trades if ASYS can manage to trigger a near-term breakout trade. That trade will hit once ASYS takes out some near-term overhead resistance at $4.48 and then its 50-day moving average of $5.03 with high volume. Look for a sustained move or close above those levels with volume that's near or above 162,098 shares. If we get that action soon, then ASYS could easily hit $6 to $7 in the near future.

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