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

5 Stocks Under $10 Making Big Moves


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

Get Adobe Flash player

Meritor (MTOR - Get Report) is engaged in providing drivetrain mobility and braking solutions for original equipment manufacturers of trucks, trailers and specialty vehicles, as well as the related aftermarkets in the transportation and industrial sectors. This stock is trading up 10.1% to $5.10 in recent trading.

Today's Range: $4.60-$5.10

52-Week Range: $3.98-$10.31

Volume: 1.35 million

Three-Month Average Volume: 1.38 million

From a technical perspective, MTOR is soaring higher here right off some near-term support at $4.50 with decent volume. This move has pushed MTOR back above its 50-day moving average of $4.84, which also happens to be a major near-term overhead resistance level.

Traders should now look for long-biased trades as long as MTOR is trending above $4.60 to $4.84 with strong upside volume flows. I would consider any upside volume day that registers near or above 1.38 million shares as bullish. If MTOR can hold that trend, then look for this stock to re-test and possibly take out its next major overhead resistance level $5.60 to $5.80, or possibly even its 200-day moving average of $6.31.

5 of 6

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!
QRM $0.12 -5.04%
APP $0.67 0.00%
AVL $0.29 0.00%
MTOR $12.31 0.00%
AAPL $124.75 0.00%


DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs