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

4 Stocks Under $10 Making Big Moves

Axcelis Technologies

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

Get Adobe Flash player

Axcelis Technologies ( ACLS) designs, manufactures and services ion implantation, dry strip and other processing equipment used in the fabrication of semiconductor chips in the U.S., Europe and Asia. This stock closed up 3.5% to $2.36 in Tuesday's trading session.

Tuesday's Range: $2.27-$2.38
52-Week Range: $0.82-$2.48
Thursday's Volume: 725,000
Three-Month Average Volume: 691,135

>>5 Stocks Set to Soar on Bullish Earnings

From a technical perspective, ACLS spiked higher here right above its 50-day moving average of $2.19 with above-average volume. This stock has been uptrending strong for the last six months, with shares soaring higher from its low of $1.27 to its recent high of $2.48. During that uptrend, shares of ACLS have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of ACLS within range of triggering a near-term breakout trade. That trade will hit if ACLS manages to take out Tuesday's high of $2.38 to its 52-week high at $2.48 with high volume.

Traders should now look for long-biased trades in ACLS as long as it's trending above its 50-day at $2.19 or above more support at $2.05 and then once it sustains a move or close above those breakout levels with volume that hits near or above 691,135 shares. If that breakout triggers soon, then ACLS will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $3.50 to $4.
3 of 5

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
CTIC $0.53 0.00%
ACLS $2.84 0.00%
ADXS $8.31 0.00%
OESX $1.46 0.00%
AAPL $95.03 0.21%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs