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 $5 Moving Higher

LDK Solar

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

Get Adobe Flash player

LDK Solar (LDK) is a vertically integrated manufacturer of photovoltaic products. This stock is trading up 4.3% to $1.25 in recent trading.

Today's Range: $1.17-$1.27

52-Week Range: $1.16-$6.92

Volume: 568,000

Three-Month Average Volume: 788,920

>>4 Chip Stocks Apple Fans Should Love

From a technical perspective, LDK is bouncing here off some near-term support and its 52-weeek low of $1.16 with decent volume. This move is quickly pushing LDK within range of triggering a near-term breakout trade. That trade will hit once LDK clears some near-term overhead resistance at $1.31, and then once it takes out its 50-day moving average at $1.45 with high volume.

Traders should now look for long-biased trades in LDK as long as it's trending above $1.16, and then once it sustains a move or close above those breakout levels with volume that's near or above 788,920 shares. If that breakout triggers soon, then LDK will setup to re-test and possibly take out its next major overhead resistance levels at $1.62 to $1.70. Any high-volume move above those levels will then put $1.90 to $2.05 into range for LDK.

To see more stocks under-$10 that are making notable moves higher today, check out the Stocks Under-$10 Moving Higher portfolio on Stockpickr.

-- Written by Roberto Pedone in Winderemere, Fla.


Follow Stockpickr on Twitter and become a fan on Facebook.
At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to and maintains the website, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.
6 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
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
LDK $0.00 0.00%
ATRS $1.10 0.00%
CPRX $0.68 0.00%
DNN $0.60 0.00%
HNSN $4.05 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs