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8 Stocks Under $10 Trending Sharply Higher

Traders should now look for long-biased trades in BGMD as long as it's trending above some key near-term support levels at $1.60 to $1.56 and then once it sustains a move or close above those breakout levels with volume that hits near or above 255,357 shares. If that breakout triggers soon, then BGMD will set up to re-test or possibly take out its next major overhead resistance levels at $2.30 to $2.53. Any high-volume move above $2.53 will then put its 200-day at $2.69 to $3 into range for shares of BGMD.

Synergy Resources

Synergy Resources (SYRG) is an exploration stage company engaged in oil and gas acquisitions, exploration, development and production activities. This stock closed up 4.4% to $6.80 on Tuesday.

Tuesday's Range: $6.54-$6.80
52-Week Range: $2.40-$7.78
Volume: 130,000
Three-Month Average Volume: 254,095

>>XXX

From a technical perspective, SYRG bounced higher here right above some near-term support at $6.37 with lighter-than-average volume. This stock has been finding buying interest over the last month and change, each time it's pulled back near $6.20. Shares of SYRG are now quickly moving within range of triggering a near-term breakout trade. That trade will hit if SYRG manages to take out its 50-day at $6.85 and then once it clears some more near-term overhead resistance levels at $6.80 to $7 with high volume.

Traders should now look for long-biased trades in SYRG as long as it's trending above its 50-day at $6.84 or above some key near-term support at $6.37 and then once it sustains a move or close above those breakout levels with volume that hits near or above 254,095 shares. If that breakout triggers soon, then SYRG will set up to re-test or possibly take out its next major overhead resistance levels at $7.53 to $7.78. Any high-volume move above $7.78 will then push shares of SYRG into new 52-week high territory, which is bullish technical price action.

Accelerate Diagnostics

Accelerate Diagnostics (AXDX) develops BACcel system, planned for rapid diagnosis in life-threatening bacterial infections. It has also developed and out-licensed OptiChem surface coatings for use in microarraying components. This stock closed up 7.7% to $8.24 on Tuesday.

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

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