This Day On The Street
Continue to site
ADVERTISEMENT
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

Stillwater Mining

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

Get Adobe Flash player

Stillwater Mining (SWC - Get Report) is engaged in the development, extraction, processing, smelting, refining and marketing of palladium, platinum and associated metals from a geological formation in south-central Montana, the J-M Reef, and from the recycling of spent catalytic converters. This stock is trading up 6.1% at $8.47 in recent trading.

Today's Range: $8.02-$8.56

52-Week Range: $7.31-$17.10

Volume: 1 million

Three-Month Average Volume: 1.9 million

From a technical perspective, SWC is moving sharply to the upside here on light volume. From the looks of the chart, SWC is starting to form a major bottoming pattern at around $7.77 to $7.96.

Traders should now look for long-biased trades once SWC manages to clear its 50-day moving average of $8.68 with high volume. Look for a sustained move or close above $8.68 with volume that's near or above 1.9 million shares. If we get that action and you go long, then I would add to any positions once SWC takes out some near-term overheard resistance at $9.71 with heavy volume. Target a possible spike back toward its 200-day moving average of $10.93, or even possibly $12. Keep in mind that those targets will only have a chance of being hit if SWC can maintain a strong volume trend above its 50-day.

7 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
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
OCZ $0.00 0.00%
ARRY $7.34 -1.10%
JOEZ $0.18 2.10%
TSPT $28.35 0.11%
SWC $13.38 -0.70%

Markets

DOW 17,949.59 -85.34 -0.47%
S&P 500 2,097.29 -3.11 -0.15%
NASDAQ 5,014.1020 +19.50 0.39%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs