The U.S. telecom has been eyeing moves into Latin America, especially Mexico.

These stocks trading for less than $10 a share are within range of triggering breakout trades.

Trade-Ideas LLC identified NII Holdings (NIHD) as a weak on high relative volume candidate

NII Holdings , which provides wireless services in Latin America under the Nextel brand, warned that it's likely to file for Chapter 11 protection in the "very near future."

NII Holdings (NIHD) shares were unloaded at a rate more than 10 times its daily trading average after the company announced that it is close to filing for bankruptcy.

These under-$10 stocks look ready to break out and trade higher from current levels.

These under-$10 stocks look ready to break out and trade higher from current levels.

NII Holdings (NIHD) continued to plunge on Monday after news that a class action lawsuit has begun against the telecommunications company. Levi & Korsinsky announced late last week the initiation of a lawsuit on behalf of investors who purchased NII Holdings common stock from the period of Feb. 25, 2010 to Feb. 27, 2014. The lawsuit claims that, during the period, NII Holdings deliberately made false and misleading statements and/or omitted information about the company's business and future prospects. "Specifically, the complaint alleges that NII and NII Capital improperly concealed the company's failing efforts to modernize its telecommunications network and expand its subscriber base, and failed to disclose material adverse information in offering documents it filed with the SEC in connection with the issuance of NII Capital Notes in March and December of 2011," the statement reads.

Shares of NII Holdings (NIHD) are falling Thursday following a downgrade to 'market perform' from 'outperform' by Wells Fargo (WFC).

Li Auto has just confirmed that the development of EVs is still limited by a big problem.

The bank has been accused of some pretty shady practices.

iPhone maker wants to diversify its supply chain and expand in a crucial market.