WINDERMERE, Fla. ( Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percentage losers.
>>5 "Magic Formula" Stocks for 2013
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
Sometimes stocks making big moves have been hit with an
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 Stocks Insiders are Stashing
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.
This company engages in the exploration and development of base metals in the United States. It focuses on exploring the Upper Kobuk mineral project, a copper-zinc-lead-gold-silver property located in the Ambler District, northwest Alaska. The stock is trading up 4.1% to $2.04 in recent trading.
Today's Range: $2.00-$2.10
52-Week Range: $1.65-$4.76
Three-Month Average Volume: 236,716
From a technical perspective, NCQ is spiking higher here right below its 50-day moving average of $2.17 with above-average volume. This move is quickly pushing shares of NCQ within range of triggering a major breakout trade. That trade will hit once NCQ manages to take out some near-term overhead resistance levels at $2.17 to $2.25 with high volume.
Traders should now look for long-biased trades in NCQ once it sustains a move or close above $2.17 to $2.25 with volume that hits near or above 236,716 shares. If that breakout triggers soon, then NCQ will set up to re-test or possibly take out its next major overhead resistance levels at $2.60 to $2.99.