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
TheStreet Open House

8 Stocks Under $10 Surging Higher

Stock quotes in this article: ALXA, DSCO, XNPT, NSPH, XOMA, BONE, NAK, ENTR

Northern Dynasty Minerals

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

Get Adobe Flash player

Northern Dynasty Minerals (NAK) is engaged in the exploration of mineral properties. The company holds 650 square miles of mineral claims in southwest Alaska. This stock is trading up 5.8% to $2.64 in recent trading.

Today's Range: $2.55-$2.71

52-Week Range: $2.20-$10.68

Volume: 252,000

Three-Month Average Volume: 256,181

From a technical perspective, NAK is surging higher here with decent volume, and its powering above its 50-day moving average of $2.49. This move has also pushed NAK into breakout territory, since it's cleared some near-term overhead resistance levels at $2.50 to $2.65.

Traders should now look for long-biased trades in NAK once it triggers its next major breakout. That trade will hit once NAK clears some past overhead resistance levels at $2.72 to $2.94 with high volume. Look for volume off that move that registers near or above 256,181 shares. At last check, NAK has hit an intraday high of $2.72 and volume is close to surpassing its three-month average action of 256,181 shares. If that breakout triggers soon, then NAK will have a great chance of making a monster move back towards its next significant overhead resistance level near $4. Traders should use NAK's 50-day moving average of $2.49 and $2.26 as near-term support levels.

8 of 9

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!
DOW 16,883.03 -159.87 -0.94%
S&P 500 1,959.90 -12.39 -0.63%
NASDAQ 4,453.7750 -39.6150 -0.88%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs