8 Stocks Under $10 Ripping Higher
Traders should now look for long-biased trades if SOL can sustain a move or close above $1.85 to $2.06 with volume that's near or above 1,319,440 shares. If we get that action soon, look for SOL to spike big towards its 50-day moving average of $2.23 or its 200-day moving average of $2.44. Penn Virginia
Penn Virginia(PVA) is an independent oil and gas company primarily engaged in the exploration, development and production of natural gas and oil in various domestic onshore regions of the United States, including Texas, Appalachia, the Mid-Continent and Mississippi. This stock is trading up 12.8% to $5.60 in recent trading.
Today's Range: $4.90-$5.66
52-Week Range: $3.92-$15.47
Volume: 1.2 milion
Three-Month Average Volume: 1.29 million
From a technical perspective, PVA is skyrocketing here on decent volume. This move has pushed the stock into breakout territory since it has moved above some near-term overhead resistance at $5.44.