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

5 Stocks Under $10 Making Big Moves

Central European Media Enterprises

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Central European Media Enterprises ( CETV) is a media and entertainment company that operates broadcast, content, and new media businesses in central and Eastern Europe. This stock is trading up 4.7% to $3.55 in recent trading.

Today's Range: $3.36-$3.58
52-Week Range: $2.60-$7.92
Volume: 170,000
Three-Month Average Volume: 771,930

>>5 Stocks Under $10 Set to Soar

From a technical perspective, CETV is trending sharply higher here back above its 50-day moving average at $3.47 with lighter-than-average volume. This move is quickly pushing shares of CETV within range of triggering a major breakout trade, which will hit if CETV manages to take out some near-term overhead resistance levels at $3.51 to $3.66 and then once it clears more key resistance at $3.89 with high volume. At last check, CETV has hit an intraday high of $3.58 and volume is well below its three-month average action of 711,930 shares.

Traders should now look for long-biased trades in CETV as long as it's trending above its 50-day at $3.47 or above some more key near-term support at $3.25, and then once it sustains a move or close above those breakout levels with volume that hits near or above 771,930 shares. If that breakout triggers soon, then CETV will set up to re-test or possibly take out its next major overhead resistance levels at $4.45 to $4.68. Any high-volume move above those levels will then put its next major overhead resistance levels at $4.75 to $5 into range for shares of CETV.

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 Madison, Wis.


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 Madison, Wis., 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 and . You can follow Pedone on Twitter at or @zerosum24.
6 of 6

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
STP $0.53 0.00%
MM $0.00 0.00%
ZAZA $0.12 0.00%
CETV $2.73 0.00%
DQ $24.65 0.00%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs