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Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Stocks Under $10 Triggering Breakout Trades

Stocks in this article: ICA DXLG LEE VTG CNDO

Traders should now look for long-biased trades in CNDO as long as it's trending above Thursday's low of $7.38 and then once it sustains a move or close above those breakout levels with volume that hits near or above 514,053 shares. If that breakout hits soon, then CNDO will set up to re-test or possibly take out its next major overhead resistance levels at $10.20 to $11.

Empresas ICA

Empresas ICA ( ICA) is engaged in construction and related activities, including the construction of infrastructure facilities as well as industrial, urban and housing construction. This stock closed up 2% to $8.80 a share in Thursday's trading session.

Thursday's Range: $8.49-$8.82
52-Week Range: $6.14-$13.73
Thursday's Volume: 442,000
Three-Month Average Volume: 555,068

From a technical perspective, ICA bounced modestly higher here right off its 50-day moving average of $8.66 with decent upside volume. This stock has been uptrending strong for the last three months and change, with shares moving higher from its low of $6.14 to its recent high of $9.73. During that uptrend, shares of ICA have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now started to push shares of ICA within range of triggering a big breakout trade. That trade will hit if ICA manages to take out some near-term overhead resistance levels at $9.34 to $9.73 and then once it takes out its 200-day moving average at $9.97 with high volume.

Traders should now look for long-biased trades in ICA as long as it's trending above some key near-term support at $7.94 and then once it sustains a move or close above those breakout levels with volume that hits near or above 555,068 shares. If that breakout hits soon, then ICA will set up to re-test or possibly take out its next major overhead resistance levels at $11 to $11.77.

Destination XL Group

Destination XL Group ( DXLG) is a specialty retailer of big and tall men's apparel with retail operations in the U.S. and London, England and direct businesses throughout the U.S., Canada and Europe. This stock closed up 3.3% to $6.75 in Thursday's trading session.

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