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 Stocks With Big Insider Buying 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. Vical Vical ( VICL) researches and develops biopharmaceutical products based on its patented DNA delivery technologies for the prevention and treatment of serious or life-threatening diseases. This stock closed up 2.2% to $1.29 in Thursday's trading session. Thursday's Range: $1.27-$1.30
52-Week Range: $1.17-$4.51
Thursday's Volume: 774,000
Three-Month Average Volume: 2.14 million From a technical perspective, VICL rose modestly higher here right above some near-term support at $1.25 with lighter-than-average volume. This stock has been trending sideways inside of a consolidation pattern for the last two months and change, with shares moving between $1.17 on the downside and $1.64 on the upside. This sideways trend is coming after shares of VICL gapped down sharply in August from $3.75 to $1.37 with heavy downside volume. Shares of VICL are now starting to trend within range of triggering a big breakout trade above the upper-end of its consolidating chart pattern. That trade will hit if VICL manages to take out its 50-day at $1.40, and then once it clears more key resistance levels at $1.44 to $1.64 with high volume.
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