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

3 Stocks Under $10 Moving Higher

DELAFIELD, Wis. (Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percentage losers.

>>5 Hated Stocks You Should Love

Stocks that are making large moves like these are favorites among short-term traders because they can jump into these names and try to capture some of that massive volatility. Stocks that are making big-percentage moves either up or down are usually in play because their sector is becoming attractive or they have a major fundamental catalyst such as a recent earnings release. Sometimes stocks making big moves have been hit with an analyst upgrade or an analyst downgrade.

Regardless of the reason behind it, when a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits. If you time your trade correctly, combining technical indicators with fundamental trends, discipline and sound money management, you will be well on your way to investment success.

>>3 Stocks Rising on Big Volume

With that in mind, let's take a closer look at a several stocks under $10 that are making large moves to the upside.

U.S. Auto Parts Network (PRTS), together with its subsidiaries, operates as an online retailer of automotive aftermarket parts and accessories primarily in the U.S., Canada and the Philippines. This stock closed up 9.2% to $2.24 in Tuesday's trading session.

Tuesday's Range: $2.07-$2.36
52-Week Range: $0.91-$3.18
Tuesday's Volume: 155,000
Three-Month Average Volume: 59,522

From a technical perspective, PRTS jumped sharply higher here right above some near-term support at $2 with above-average volume. This move briefly pushed shares of PRTS back above its 50-day moving average of $2.31, before the stock closed just below that level at $2.24. This move is starting to push shares of PRTS within range of triggering a major breakout trade. That trade will hit if PRTS manages to take out Tuesday's high of $2.36 and then once it clears some more key overhead resistance levels at $2.60 to $2.69 with high volume.

Traders should now look for long-biased trades in PRTS as long as it's trending above support at $2 and then once it sustains a move or close above those breakout levels volume that hits near or above 59,522 shares. If that breakout hits soon, then PRTS will set up to re-test or possibly take out its next major overhead resistance levels at $3 to its 52-week high at $3.18. Any high-volume move above those levels will then give PRTS a chance to tag its next major overhead resistance levels at $3.75 to $4.

ServiceSource International (SREV) provides recurring revenue management contracts maintenance, support, and subscription for technology and technology-enabled healthcare, and life sciences companies. This stock closed up 7.5% to $9.59 a share in Tuesday's trading session.

Tuesday's Range: $8.85-$9.61
52-Week Range: $5.33-$13.69
Tuesday's Volume: 1.86 million
Three-Month Average Volume: 977,812

From a technical perspective, SREV bounced sharply higher here right above some near-term support at $8.74 with strong upside volume. This move pushed shares of SREV into breakout territory, since the stock took out some near-term overhead resistance levels at $9.21 to $9.41. Market players should now look for a continuation move higher in the short-term if SREV manages to take out is 200-day moving average at $10 and then once it clears some past overhead resistance at $10.21 with high volume.

Traders should now look for long-biased trades in SREV as long as it's trending above Thursday's low of $8.85 or above more near-term support at $8.74 and then once it sustains a move or close above $10 to $10.21 with volume that hits near or above 977,812 shares. If that move starts soon, then SREV will set up to re-test or possibly take out its next major overhead resistance levels at $11 to $12, or even $13.

Jive Software (JIVE) provides a social business software platform to businesses, government agencies and other enterprises. This stock closed up 5.6% to $8.51 in Tuesday's trading session.

Tuesday's Range: $8.13-$8.65
52-Week Range: $7.11-$18.48
Tuesday's Volume: 593,000
Three-Month Average Volume: 748,655

From a technical perspective, JIVE spiked sharply higher here right above some near-term support at $7.93 with decent upside volume. This stock has been uptrending a bit over the last few weeks, with shares moving higher from its low of $7.11 to its recent high of $8.74. During that move, shares of JIVE have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of JIVE within range of triggering a near-term breakout trade. That trade will hit if JIVE manages to take out Tuesday's high of $8.65 and then once it clears more near-term resistance at $8.74 with high volume.

Traders should now look for long-biased trades in JIVE as long as it's trending above support at $7.93 and then once it sustains a move or close above those breakout levels with volume that hits near or above 748,655 shares. If that breakout materializes soon, then JIVE will set up to re-test or possibly take out its next major overhead resistance levels at its 50-day moving average of $9.46 to $9.79. Any high-volume move above those levels will then give JIVE a chance to tag $10.25 to $11.

To see more stocks that are making notable moves higher, check out the Stocks Under $10 Moving Higher portfolio on Stockpickr.

-- Written by Roberto Pedone in Delafield, Wis.

RELATED LINKS:

 

 

 

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 Delafield, 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 CNBC.com and Forbes.com.

You can follow Pedone on Twitter at www.twitter.com/zerosum24 or @zerosum24.

Roberto Pedone, based out of Delafield, 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 CNBC.com and Forbes.com. You can follow Pedone on Twitter at www.twitter.com/zerosum24 or @zerosum24.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,979.13 +59.54 0.35%
S&P 500 1,986.51 +4.91 0.25%
NASDAQ 4,526.4820 -1.0320 -0.02%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs