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4 Stocks Under $10 Making Big Moves

Radio One

Radio One ( ROIAK), together with its subsidiaries, operates as an urban-oriented multimedia company in the U.S. This stock closed up 3% to $2.67 in Tuesday's trading session.

Tuesday's Range: $2.56-$2.74
52-Week Range: $0.68-$2.75
Thursday's Volume: 99,000
Three-Month Average Volume: 107,808

>>5 Big Trades to Take as the Fed Hits the Gas

From a technical perspective, ROIAK trended higher here right above some near-term support at $2.48 and above its 50-day moving average at $2.35 with decent upside volume. This move is quickly pushing shares of ROIAK within range of triggering a major breakout trade. That trade will hit if ROIAK manages to take out some near-term overhead resistance levels at $2.74 to its 52-week high at $2.75 with high volume.

Traders should now look for long-biased trades in ROIAK as long as it's trending above support at $2.48 or above its 50-day at $2.35 and then once it sustains a move or close above those breakout levels with volume that hits near or above 107,808 shares. If that breakout triggers soon, then ROIAK will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that move are $3.50 to $4.

Organovo

Organovo ( ONVO) develops 3D bioprinting technology for creating functional human tissues on demand for research and medical applications. This stock closed up 2.5% to $5.98 in Tuesday's trading session.

Tuesday's Range: $5.70-$6.07
52-Week Range: $1.80-$8.50
Thursday's Volume: 2.03 million
Three-Month Average Volume: 2.82 million

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From a technical perspective, ONVO jumped higher here right off its 50-day moving average of $5.79 with decent upside volume. This move is starting to push shares of ONVO within range of triggering a near-term breakout trade. That trade will hit if ONVO manages to take out some near-term overhead resistance levels at $6.20 to $6.39 with high volume.

Traders should now look for long-biased trades in ONVO as long as it's trending above some near-term support levels at $5.50 or at $5 and then once it sustains a move or close above those breakout levels with volume that hits near or above 2.82 million shares. If that breakout triggers soon, then ONVO will set up to re-test or possibly take out its next major overhead resistance levels at $7.50 to its 52-week high at $8.50. Any high-volume move above $8.50 will then put its all-time high at $10.90 within range for shares of ONVO.

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SYM TRADE IT LAST %CHG
GAME $6.86 0.15%
IO $2.34 -1.10%
ONVO $4.56 -2.60%
ROIAK $3.99 -3.20%
FB $84.24 1.40%

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