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
TheStreet Open House

8 Stocks Under $10 Trending Sharply Higher

Stock quotes in this article: SSH, SUPN, BGMD, SYRG, AXDX, CADX, BDBD, MEIP

Supernus Pharmaceuticals

Supernus Pharmaceuticals ( SUPN) is a specialty pharmaceutical company focused on developing and commercializing products for the treatment of central nervous system, or CNS, diseases. This stock closed up 5.2% to $5.39 on Tuesday.

Tuesday's Range: $4.94-$5.44
52-Week Range: $4.30-$16.68
Volume: 1.53 million
Three-Month Average Volume: 381,992

Shares of SUPN ripped higher on Tuesday after the company beat Wall Street EPS estimates by 8 cents per share.

>>5 Rocket Stocks to Buy This Week

From a technical perspective, SUPN ripped higher here right above some near-term support at $4.85 with heavy upside volume. This move is quickly pushing shares of SUPN within range of triggering a major breakout trade. That trade will hit if SUPN manages to take out its 50-day at $5.64 and then once it clears more near-term resistance levels at $5.68 to $6.29 with high volume.

Traders should now look for long-biased trades in SUPN as long as it's trending above some key near-term support levels at $5 or $4.85 and then once it sustains a move or close above those breakout levels with volume that hits near or above 381,992 shares. If that breakout triggers soon, then SUPN will set up to re-test or possibly take out its next major overhead resistance levels at $7 to $8.

BG Medicine

BG Medicine ( BGMD) is a life sciences company focused on the discovery, development and commercialization of novel diagnostic tests based on biomarkers for high-value market opportunities in healthcare. This stock closed up 3.5% to $1.73 on Tuesday.

Tuesday's Range: $1.65-$1.76
52-Week Range: $1.00-$7.10
Volume: 154,000
Three-Month Average Volume: 255,357

From a technical perspective, BGMD trended up here right above some near-term support levels at $1.60 to $1.56 with lighter-than-average volume. This stock has been trending sideways for the last month and change, with shares moving between $1.56 on the downside and around $2 on the upside. Shares of BGMD are now quickly moving within range of triggering a near-term breakout trade above the upper-end of its recent sideways trading chart pattern. That breakout will hit if BGMD manages to take out its 50-day at $1.76 and then once it clears more resistance levels at $1.84 to $2 with high volume.

2 of 6

Select the service that is right for you!

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 17,042.90 -28.32 -0.17%
S&P 500 1,972.29 -5.51 -0.28%
NASDAQ 4,493.39 -12.4620 -0.28%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

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