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 Making Big Moves

Krispy Kreme Doughnuts

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

Get Adobe Flash player

Krispy Kreme Doughnuts (KKD - Get Report) is a retailer and wholesaler of doughnuts complementary beverages and treats and packaged sweets. This stock is trading up 6.3% to $7.40 in recent trading.

Today's Range: $7.02-$7.44

52-Week Range: $5.78-$9.47

Volume: 1.6 million

Three-Month Average Volume: 613,902

>>5 Consumer Stocks Hedge Funds Love

Shares of KKD are ripping higher today after the company said its second quarter revenues jumped 4.3% to $102 million compared with $98 million a year ago, but its net income plunged largely due to a higher income tax rate.

From a technical perspective, KKD is exploding higher here back above its 200-day moving average of $6.96 with heavy volume. This move is quickly pushing KKD within range of triggering a major breakout trade. That trade will hit once KDD takes out some past overhead resistance levels at $7.54 to $7.61 with high volume.

Traders should now look for long-biased trades in KKD as long as it holds its trend above its 200-day, and then once it sustains a move or close above those breakout levels with volume that's near or above 613,902 shares. If that breakout triggers soon, then KDD has a great chance of re-testing or possibly taking out its next major overhead resistance levels at $8.55 to $8.77.

3 of 8

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
Submit an article to us!
SYM TRADE IT LAST %CHG
CADX $0.00 0.00%
EMMS $1.30 -10.96%
KKD $18.14 0.44%
PAL $0.06 -2.26%
STEM $0.61 -0.72%

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs