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.>>5 Breakout Stock Plays: Must-See Charts With that in mind, let's take a closer look at a several stocks under $10 that are making large moves to the upside today. China HGS Real Estate (HGSH - Get Report) This company engages in real estate development, primarily in the construction and sale of residential apartments, car parks as well as commercial properties. This stock is trading up 8.9% to $3.40 in recent trading. Today's Range: $3.00-$3.62 52-Week Range: $0.24-$3.28 Volume: 328,000 Three-Month Average Volume: 64,316 From a technical perspective, HGSH is ripping to the upside here and entering breakout territory above some near-term overhead resistance levels at $3.17 to $3.28 with above-average volume. This stock has been on fire during the last few weeks, with shares soaring from below 50 cents per share to today's high of $3.65 with heavy upside volume. Traders should now look for long-biased trades in HGSH as long as it's trending above those near-term breakout levels of $3.17 to $3.28 with strong upside volume flows. I would consider any upside volume day that registers near or above its three-month average volume of 64,316 shares as bullish. If HGSH maintains that trend, then this stock will set up to tag $4 to $5 in the near future.