4 Stocks Under $10 Making Big Moves
Support.com (SPRT), a provider of online care for the digital home and small business, is trading up 5.3% to $4.37 in recent trading.
Today's Range: $4.12-$4.4452-Week Range: $2.10-$4.95 Volume: 80,000 Three-Month Average Volume: 191,564 From a technical perspective, SPRT is ripping higher here right above some near-term support at $4 with lighter volume. This stock has been trending sideways for the last two months, with shares moving between $3.91 on the downside and $4.58 on the upside. Shares of SPRT are now moving within range of triggering a breakout trade above the upper-end of its recent sideways trading pattern. That breakout will hit if SPRT manages to take out some near-term overhead resistance at $4.58 with high volume. Traders should now look for long-biased trades in SPRT as long as it's trending above some near-term support at $4, and then once it sustains a move or close above $4.58 with volume that hits near or above 191,564 shares. If that breakout triggers soon, then SPRT will set up to re-test or possibly take out its 52-week high at $4.95. Any high-volume move above $4.95 will then put $5.50 to $6 into focus for shares of SPRT.
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