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
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

4 Stocks Under $10 Making Big Moves

JA Solar

JA Solar (JASO) designs, manufactures and markets high-performance solar cells, which are made from specially processed silicon wafers. This stock closed up 0.5% to $5.67 on Wednesday.

Wednesday's Range: $5.60-$6.09

52-Week Range: $2.90-$10.85

Volume: 1.90 million

Three-Month Average Volume: 466,330

Shares of JASO traded up modestly Wednesday after the company said it expects fourth-quarter shipments to be 480 megawatts to 500 megawatts of solar products, well above the company's previous guidance range of 380 megawatts to 420 megawatts.

From a technical perspective, JASO trended up right off some near-term support at $5.55 with heavy upside volume. This stock has been trading in a tight consolidation pattern for the last month and change, with shares moving between $6.14 on the upside and $5.16 on the downside. Shares of JASO are now starting to move within range of triggering a breakout trade above the upper-end of its sideways chart pattern. That breakout will hit if JASO manages to take out some near-term overhead resistance at $6.14 with high volume.

Traders should now look for long-biased trades in JASO as long as it's trending above $5.55 and then once it sustains a move or close above $6.14 with volume that hits near or above 466,330 shares. If that breakout triggers soon, then JASO will set up to re-test or possibly take out its next major overhead resistance levels at $7 to $7.55.

Nova Measuring Instruments

Nova Measuring Instruments (NVMI) develops, produces and markets metrology systems for process control and monitoring in semiconductor manufacturing. This stock closed up 4.1% to $9.46 on Wednesday.

Wednesday's Range: $9.11-$9.67

52-Week Range: $6.82-$9.50

Volume: 305,000

Three-Month Average Volume: 71,679

Shares of NVMI jumped higher on Wednesday after the company beat Wall Street expectations on revenue and met expectations on earnings per share. The company posted revenue of $22.1 million and its gross margin was 50%.

From a technical perspective, NVMI ripped higher here right off some near-term support at $8.80 and above its 50-day moving average at $8.45 with above-average volume. This move briefly pushed shares of NVMI into breakout territory and new 52-week-high territory, since the stock flirted with some near-term overhead resistance levels at $9.45 to $9.50. At last check, NVMI hit an intraday high of $9.67 but closed at $9.46 with volume that was well above its three-month average action of 71,679 shares.

Stock quotes in this article: PTEK, NVMI, YONG, JASO 

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.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

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