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.
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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 multichannel electronic retailer that markets, sells and distributes products to consumers through television, telephones, online, mobile and social media. This stock closed up 4.4% to $5.82 in Tuesday's trading session.
Tuesday's Range: $5.78-$6.06
52-Week Range: $1.62-$6.35
Tuesday's Volume: 553,000
Three-Month Average Volume: 330,511
From a technical perspective, VVTV gapped sharply higher here and broke out above some near-term overhead resistance at $5.64 with above-average volume. This move is quickly pushing shares of VVTV within range of triggering a major breakout trade. That trade will hit if VVTV manages to take out Tuesday's high of $6.06 to $6.20, and then once it clears its 52-week high at $6.35 with high volume.
Traders should now look for long-biased trades in VVTV as long as it's trending above Tuesday's low of $5.78 and then once it sustains a move or close above those breakout levels with volume that's near or above 330,511 shares. If that breakout hits soon, then VVTV will set up to enter new 52-week-high territory above $6.35, which is bullish technical price action. Some possible upside targets off that breakout are $7.50 to $8.50.