DELAFIELD, Wis. ( Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percentage losers.
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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 Toxic Stocks to Sell Now
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.
) is a multi-faceted real estate development and services company. This stock closed up 3.2% to $2.83 in Tuesday's trading session.
Tuesday's Range: $2.66-$2.83
52-Week Range: $0.48-$3.65
Tuesday's Volume: 91,000
Three-Month Average Volume: 363,967
>>5 Stocks Poised for Big Breakouts
From a technical perspective, CHCI bounced higher here right off its 50-day moving average of $2.75 with lighter-than-average volume. This stock has been trending sideways for the last two months, with shares moving between $2.36 on the downside and $3.05 on the upside. Shares of CHCI are now quickly moving within range of triggering a near-term breakout trade above the upper-end of its sideways trading chart pattern. That move will hit if CHCI manages to take out some near-term overhead resistance levels at $2.92 to $3.05 with high volume.
Traders should now look for long-biased trades in CHCI as long as it's trending above its 50-day at $2.75 or above more near-term support levels at $2.60 to $2.47 and then once it sustains a move or close above those breakout levels with volume that hits near or above 363,967 shares. If that breakout triggers soon, then CHCI will set up to re-test or possibly take out its next major overhead resistance levels at $3.28 to its 52-week high at $3.65. Any high-volume move above $3.65 will then give CHCI a chance to tag $4.50 to $5.