Thursday, January 29, 2015

4 Stocks Under $10 Making Big Moves: Aegon, Care.com and More

DELAFIELD, Wis. (Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percentage losers. Must Read: Warren Buffett's Top 10 Dividend Stocks ¿ 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 with fundamental trends, discipline and sound money management, you will be well on your way to investment success. ¿ With that in mind, let's take a closer look at a several stocks under $10 that are making large moves to the upside. Must Read: 10 Stocks Billionaire John Paulson Loves Axcelis Technologies Axcelis Technologies designs, manufactures, and services ion implantation, dry strip and other processing equipment used in the fabrication of semiconductor chips worldwide. This stock is trading up 2.8% to $2.51 in Thursday's trading session. Thursday's Range: $2.45-$2.54 52-Week Range: $1.50-$2.60 Thursday's Volume: 215,000 Three-Month Average Volume: 318,016 From a technical perspective, ACLS is spiking notably higher here right above some key near-term support levels at $2.40 to its 50-day moving average of $2.37 with decent upside volume flows. This stock has been uptrending strong for the last six months, with shares moving higher from its low of $1.68 to its recent high of $2.60. During that uptrend, shares of ACLS have been making mostly 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 above some key overhead resistance levels. That trade will hit if ACLS manages to take out some near-term overhead resistance at $2.54 to $2.55 and then above its 52-week high at $2.60 with high volume. Traders should now look for long-biased trades in ACLS as long as it's trending above its 50-day moving average at $2.37 or above some more key near-term support at $2.33 and then once it sustains a move or close above those breakout levels with volume that hits near or above 318,016 shares. If that breakout kicks off 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 to $3.50. Must Read: 10 Stocks Carl Icahn Loves American Superconductor American Superconductor provides megawatt-scale solutions worldwide. This stock is trading up 2.6% to 67 cents per share in Thursday's trading session. Thursday's Range: $0.67-$0.71 52-Week Range: $0.57-$2.68 Thursday's Volume: 151,000 Three-Month Average Volume: 720,192 From a technical perspective, AMSC is spiking modestly higher here with lighter-than-average volume. This stock has been downtrending badly over the last six months, with shares falling from its high of over $2 to its new 52-week low of 57 cents per share. During that downtrend, shares of AMSC have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of AMSC are now starting to spike higher off that 57 cents per share low and it's quickly moving within range of triggering a near-term breakout trade. That trade will hit if AMSC manages to take out some key near-term overhead resistance levels at 75 to 78 cents per share and then above its 50-day moving average of 81 cents to more key resistance at 85 cents with high volume. Traders should now look for long-biased trades in AMSC as long as it's trending above some key near-term support levels at 60 cents per share or above that new 52-week low of 57 cents per share and then once it sustains a move or close above those breakout levels with volume that hits near or above 720,192 shares. If that breakout materializes soon, then AMSC will set up to re-test or possibly take out its next major overhead resistance levels at $1 to $1.08. Must Read: 10 Stocks George Soros Is Buying Care.com Care.com operates an online marketplace for finding and managing family care in the U.S. and internationally. This stock is trading up 1.2% to $7.99 in Thursday's trading session. Thursday's Range: $7.85-$8.03 52-Week Range: $7.00-$29.25 Tuesday's Volume: 9,000 Three-Month Average Volume: 85,666 From a technical perspective, CRCM is spiking modestly higher here back above its 50-day moving average of $7.92 with light volume. This move is starting to push shares of CRCM within range of triggering a near-term breakout trade above some key overhead resistance levels. That trade will hit if CRCM manages to take out some near-term overhead resistance levels at $8.45 to $8.50 with high volume. Traders should now look for long-biased trades in CRCM as long as it's trending above some near-term support at $7.75 or above more support at $7.25 and then once it sustains a move or close above those breakout levels with volume that registers near or above 85,666 shares. If that breakout develops soon, then CRCM will set up to re-test or possibly take out its next major overhead resistance levels at $9.46 to its 200-day moving average of $9.52. Must Read: 11 Stocks Warren Buffett Loves Aegon Aegon provides life insurance, pension and asset management products and services. This stock is trading up 2.8% to $7.17 in Thursday's trading session. Thursday's Range: $7.12-$7.20 52-Week Range: $6.97-$9.37 Thursday's Volume: 510,000 Three-Month Average Volume: 926,027 From a technical perspective, AEG is trending modestly higher here with decent upside volume flows. This stock has been trying to carve out a bottom over the last month, with shares finding buying interest at $7.04, $6.98 and $6.97. Shares of AEG are now starting to spike higher off those recent support levels and it's now quickly moving within range of triggering a near-term breakout trade. That trade will hit if AEG manages to take out some key near-term overhead resistance levels at $7.29 to $7.30 and then above its 50-day moving average of $7.46 with high volume. Traders should now look for long-biased trades in AEG as long as it's trending above its new 52-week low of $6.97 and then once it sustains a move or close above those breakout levels with volume that hits near or above 926,027 shares. If that breakout develops soon, then AEG will set up to re-test or possibly take out its next major overhead resistance levels $7.70 to $7.92, or even its 200-day moving average of $8.08. -- Written by Roberto Pedone in Delafield, Wis. Must Read: 11 Stocks Warren Buffett Loves Follow Stockpickr on Twitter and become a fan on Facebook.


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