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

4 Stocks Under $5 Making Big Moves

Traders should now look for long-biased trades in DRRX after earnings as long as it's trending above its 200-day at $1.05 and then once it sustains a move or close above $1.25 with volume that hits near or above 384,381 shares. If that breakout hits after earnings, then look for DRRX to re-test or possibly take out its next major overhead resistance levels at $1.42 to $1.71. Any move above $1.71 should be considered very bullish, since it will push DRRX into new 52-week high territory.

RadioShack

RadioShack (RSH) is engaged in the retail sale of consumer electronics goods and services through its RadioShack store chain. This stock is trading up 3.4% to $3.16 in recent trading.

Today's Range: $2.71-$3.23

52-Week Range: $1.90-$7.28

Volume: 3.56 million

Three-Month Average Volume: 3.10 million

From a technical perspective, RSH is bouncing higher here right off its 50-day moving average at $2.66 and back above its 200-day moving average at $2.97 with above-average volume. This move is quickly pushing shares of RSH within range of triggering a major breakout trade. That trade will hit if RSH manages to take out some near-term overhead resistance levels at $3.30 to $3.58 and then once it takes out some past resistance at $3.67 with high volume.

Traders should now look for long-biased trades in RSH as long as it's trending above its 200-day at $2.97, and then once it sustains a move or close above those breakout levels with volume that hits near or above 3.10 million shares. If that breakout triggers soon, then RSH will set up to re-test or possibly take out its next major overhead resistance levels at $4.17 to $4.49. Any high-volume move above $4.49 will then put $$5 into range for shares of RSH.

To see more stocks 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.

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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 technical analysis for small- and large-cap stocks, options, futures, commodities and currencies. Roberto studied international business at the Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany. His work has appeared on financial outlets including CNBC.com and Forbes.com. You can follow Pedone on Twitter at www.twitter.com/zerosum24 or @zerosum24.

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