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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

3 Stocks Under $5 Making Large Moves to the Upside

Golden Star Resources

Golden Star Resources (GSS) is an international gold mining and exploration company, which produces gold in Ghana, West Africa. It also conducts gold exploration in West Africa and in South America. This stock is trading up 6.7% to $1.97 in recent trading.

Today's Range: $1.85-$1.99

52-Week Range: $0.90-$2.39

Volume: 1.12 million

Three-Month Average Volume: 2.50 million

From a technical perspective, GSS is ripping higher here right off its 50-day moving average of $1.84 with light volume. This move is quickly pushing GSS within range of triggering a major breakout trade. That trade will hit once GSS manages to take out some near-term overhead resistance levels at $2.10 to $2.11 with high volume.

Traders should now look for long-biased trades in GSS as long as it's trending above its 50-day at $1.84, and then once it sustains a move or close above those breakout levels with volume that hits near or above 2.50 million shares. If that breakout triggers soon, then look for GSS to re-test or possibly take out its next major overhead resistance levels at $2.25 to $2.39. If GSS takes out those levels with big volume then $2.78 to $3.12 will be the next potential upside targets.

BioMimetic Therapeutics

BioMimetic Therapeutics (BMTI) develops and commercializes innovative products to help stimulate the body's natural tissue regenerative process. This stock is trading up 6% to $4.04 in recent trading.

Today's Range: $3.83-$4.12

52-Week Range: $1.87-$4.83

Volume: 34,000

Three-Month Average Volume: 76,187

From a technical perspective, BMTI is bouncing strongly to the upside here right around some near-term support at $3.75 with light volume. This move has also pushed BMTI within range of its 50-day moving average of $4.13. At last check, BMTI has hit an intraday high of $4.12 and volume is below its three-month average action of 76,187 shares.

Traders should now look for long-biased trades in BMTI as long as it's trending above its 50-day at $4.13 with strong upside volume flows. I would consider any upside volume day that registers near or above 76,187 shares as bullish. If BMTI can sustain that trend, then this stock will have a great chance to re-test or possibly take out its next major overhead resistance levels at $4.53 to $4.83. Any high-volume move above $4.83 will then put $5.20 to $6 into focus for BMTI.

2 of 3

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 17,127.28 +75.55 0.44%
S&P 500 1,984.14 +10.51 0.53%
NASDAQ 4,460.0060 +35.3020 0.80%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

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