Stocks that are making large percentage 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 like a recent earnings release. Sometimes stocks making big moves have been hit with an analyst upgrade or an analyst upgrade.
- Related: 8 Stocks Rising on Unusual Volume
At Stockpickr, we have a complete daily list of fundamental and technical readings, like stocks rising on unusual volume and stocks with unusual option activity. Everything on our list can help you become a better trader or investor when you pick which equities you want to buy or sell.
No matter what the reason is, when a stock makes a large percentage move it is often times just the start of a new major trend. A trend that can lead to huge profits if you time the trade correctly and combine a number of technical indicators like volume, price, and momentum indicators such as relative strength. Combine all of those technical indicators with fundamental trends, disciple and sound money management and you will be well on your way to investment success. Let's take a closer look at a number of stocks under-$10 that are making large percentage moves to the upside Friday. These names warrant a close look since there's clearly investor interest. Some of these names could potentially be just starting an even larger trend higher.