This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

8 Stocks Under $10 Skyrocketing Higher

OCZ Technology

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

OCZ Technology (OCZ) designs, manufactures, and distributes solid-state drives and computer components. This stock is trading up 24% to $5.69 in recent trading.

Today's Range: $4.87-$5.50

52-week Range: $4.14-$10.05

Volume: 5.7 million

Three-Month Average Volume: 2.4 million

Shares of OCZ are soaring higher today after, a hardware industry blog, reported that Seagate (STX) is considering acquiring OCZ to boost its SSD product portfolio. The Web site said a deal could be announced as early as next week.

From a technical perspective, OCZ has recently marked a double bottom chart pattern at around $4.14 to $4.21. This move today has now gapped OCZ back above its 50-day moving average of $5.14 with monster volume.

Traders should now look to play the next major breakout trade for OCZ. That trade will hit once the stock takes its 200-day moving average of $6.76 with high volume. Traders should look for long-biased trades in OCZ as long as it holds its trend above the 50-day at $5.14, and then once it sustains a move or close over $6.76 with volume that's near or above 2.4 million shares. If we get that breakout soon, then OCZ should trend higher back towards its next significant overhead resistance levels at $7.40 to $8.

OCZ was also featured recently in " 5 Stocks Poised to Pop on Bullish Earnings."
6 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
OCZ $0.00 0.00%
TSPT $30.00 0.67%
ARRY $5.11 0.00%
JOEZ $0.33 0.00%
SWC $10.75 0.00%


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs