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.>>5 Hated Earnings Stocks That Deserve Your Love 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. 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.>>5 Stocks Poised to Break OutSunshine HeartSunshine Heart ( SSH) is an early-stage medical device company focused on developing, manufacturing and commercializing its C-Pulse Heart Assist System for treatment of Class III and ambulatory Class IV heart failure. This stock closed up 6.2% to $5.45 on Tuesday. Tuesday's Range: $5.39-$5.66 52-Week Range: $2.50-$17.25 Volume: 344,000 Three-Month Average Volume: 68,690 Shares of SSH trended higher Tuesday after the company reported in-line results of a net loss of 47 cents per share. >>3 Biotech Stocks Surging on Big Volume From a technical perspective, SSH gapped up sharply higher here right above some near-term support at $5 with above-average volume. This move is quickly pushing shares of SSH within range of triggering a near-term breakout trade. That trade will hit if SSH manages to take out its 50-day moving average of $5.70 with high volume. Traders should now look for long-biased trades in SSH as long as it's trending above Tuesday's low of $5.37 and then once it sustains a move or close above $5.70 with volume that hits near or above 68,690 shares. If that breakout triggers soon, then SSH will set up to re-fill some its previous gap down zone from April that started near $6.25. Any high-volume move above $6.25 to $6.50 will then put its next major overhead resistance levels at its 200-day of $6.67 to $7 into range for shares of SSH.
Sunshine Heart (SSH) plunges after the company, known for its C-Pulse Heart Assist System to treat moderate to severe heart failure, reported a fourth-quarter loss per share that was wider than analysts' expectations and also provided a discouraging update on a pivotal trial. The company noted a loss of 42 cents a share, wider than the consensus estimate of 40 cents a share. Sunshine Heart reported no revenue, as expected. Sunshine Heart also provided an update on its pivotal C-Pulse® COUNTER HF U.S. investigational study and noted the activation of eight sites with a total of 24 additional sites committed to participate, which increases the total number to 32. The company reported in January 2014 that one additional patient had enrolled in the trial for a total of three patients through year-end. Unfortunately, the pace of enrollment in the trials has been extremely slow. The trial, which would have an estimated enrollment of 388, began in Nov. 2012 and has an estimated data collection date of April 2016 and an estimated study completion date of April 2017.