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

4 Under-$10 Stocks Making Big Moves

Halozyme Therapeutics

Halozyme Therapeutics (HALO - Get Report) is a biopharmaceutical company engaged in develops and commercializes innovative products that advance patient care. This stock is trading up 7.8% to $6.51 in recent trading.

Today's Range: $6.09-$6.53
52-Week Range: $3.86-$9.92
Volume: 900,000
Three-Month Average Volume: 1.29 million

From a technical perspective, HALO is ripping higher here and taking out its 200-day moving average at $6.40 with decent upside volume. This stock has been uptrending for the last few weeks, with shares moving higher from its low of $5.03 to its intraday high of $6.53. During that move, shares of HALO have been mostly making higher lows and higher highs, which is bullish technical price action.

Traders should now look for long-biased trades in HALO as long as it's trending above its 200-day at $6.40 with strong upside volume flows. I would consider any upside volume day that registers near or above its three-month average action of 1.29 million shares as bullish. If HALO can maintain that trend, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $7.30 to $8.

Lucas Energy

Lucas Energy (LEI - Get Report), together with its subsidiary, LEI Alcalde Holdings, explores for, develops, produces and markets mainly crude oil and, to a much lesser extent, natural gas. This stock is trading up 3% to $1.35 in recent trading.

Today's Range: $1.31-$1.37
52-Week Range: $0.95-$2.54
Volume: 14,000
Three-Month Average Volume: 120,132

From a technical perspective, LEI is trending modestly higher here back above its 50-day moving average at $1.33 with lighter-than-average volume. This move is quickly pushing shares of LEI within range of triggering a near-term breakout trade. That trade will hit if LEI manages to clear some near-term overhead resistance levels at $1.40 to $1.42 with high volume.

Traders should now look for long-biased trades in LEI as long as it's trending above today's low at $1.31 or above its 50-day at $1.33, and then once it sustains a move or close above those breakout levels with volume that hits near or above 120,132 shares. If that breakout triggers soon, then LEI will set up re-test or possibly take out its next major overhead resistance levels at $1.62 to $1.82.
2 of 3

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

Check Out Our Best Services for Investors

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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
HALO $18.43 2.20%
JKS $19.95 4.40%
MCP $0.11 5.77%
LEI $2.17 46.00%
AAPL $113.40 0.43%


Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.53 +0.87 0.04%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs