This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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

Stocks in this article: SSHSUPNBGMDSYRGAXDXCADXBDBDMEIP

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

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, 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
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
Try it NOW
Try it NOW
Try it NOW
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 16,805.41 +127.51 0.76%
S&P 500 1,964.58 +13.76 0.71%
NASDAQ 4,483.7150 +30.9230 0.69%

Brokerage Partners

Rates from Bankrate.com

  • 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