8 Stocks Under $10 Skyrocketing Higher
Joe's Jeans
Joe's Jeans (JOEZ) is engaged in designing, developing and marketing its Joe's products, which include denim jeans, related casual wear and accessories. This stock is trading up 5.5% at $1.15 in recent trading.
Today's Range: $1.10-$1.17
52-Week Range: $0.50-$1.56 Volume: 347,000 Three-Month Average Volume: 335,459 From a technical perspective, JOEZ is starting to move notably higher here with above average volume. This move is quickly pushing JOEZ within range of trigging a near-term breakout trade. That trade will hit once JOEZ takes out some near-term overhead resistance at $1.30 to $1.40, and then some more past resistance at $1.56 with high volume. Traders should now look for long-biased trades once JOEZ sustains a move or close above those breakout levels with volume that's near or above 335,459 shares. One could get long JOEZ off weakness and anticipate that breakout, and simply use a stop right below its 50-day moving average of $1.05. If that breakout triggers soon, then JOEZ will have an excellent chance of tagging $1.75 to $2 in the near future.Select the service that is right for you!
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