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 Trades to Take for October Gains 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. Bazaarvoice Bazaarvoice ( BV) provides social commerce solutions that help its clients capture, display and analyze online word of mouth, such as consumer-generated ratings and reviews, questions and answers, stories, recommendations, photographs, videos and other contents. This stock closed up 6.5% to $9.66 in Tuesday's trading session. Tuesday's Range: $9.02-$9.69
52-Week Range: $6.37-$15.99
Thursday's Volume: 483,000
Three-Month Average Volume: 520,019 >>5 Stocks Poised for Breakouts From a technical perspective, BV surged higher here right above some near-term support at $8.93 with lighter-than-average volume. This stock recently formed a double bottom chart pattern at $8.74 to $8.93. Following that bottom, shares of BV have now started to move higher and push within range of triggering a big breakout trade. That trade will hit if BV manages to take out some near-term overhead resistance levels at $9.96 to its 50-day moving average at $10.28 with high volume. Traders should now look for long-biased trades in BV as long as it's trending above some near-term support at $8.93 and then once it sustains a move or close above those breakout levels with volume that hits near or above 520,019 shares. If that breakout triggers soon, then BV will set up to re-fill some of its previous gap down zone from early September that started near $11.50. Any high-volume move above key resistance at $11.50 would then give BV a chance to tag $13.