Stocks that are making large-percentage 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 moves either up or down are usually in play because their sector is becoming attractive or they have a major fundamental catalyst like 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.
With that in mind, let's take a closer look at
is engaged in designing, developing and marketing its Joe's products, which include denim jeans, related casual wear and accessories. This stock is trading up 4% at $1.27 in recent trading.
Today's Range: $1.22-$1.34
52-Week Range: $0.50-$1.33
Three-Month Average Volume: 402,248
Shares of JOEZ are ripping higher today after the company said it received notification from the Nasdaq Stock Market indicating that the company has regained compliance with Nasdaq's $1.00 minimum bid price requirement.
From a technical perspective, JOEZ is bouncing higher off some near-term
at $1.18 today on above-average volume. This bounce is quickly pushing JOEZ within range of triggering a near-term
. That trade will hit once JOEZ takes out $1.33 with high-volume.
Traders should look for long-biased trades in JOEZ if it can sustain a move and close above $1.33 on volume that's near or above 402,248 shares. If we get that action soon, look for JOEZ to make a run at its next significant overhead resistance levels at $1.50 to $1.75.
( GNOM) is a life sciences company that has developed and commercialized a DNA sequencing platform. This stock is trading up 10% at $3.33 in recent trading.
Today's Range: $3.01-$3.46
52-Week Range: $2.21-$18.55
Volume: 2.2 million
Three-Month Average Volume: 1.8 million
, GNOM has started to flirt with moving back above its 50-day moving average of $3.36 today on heavy volume. This move has also triggered a breakout trade since GNOM has moved above some near-term overheard resistance at $2.99 to $3.02.
Traders should now look for long-biased trades if GNOM can manage to close back above its 50-day and near its daily highs. At last check, GNOM has hit a daily high of $3.46. If we get that action today, then look for GNOM to make a run at its next significant overheard resistance levels at $3.95 to $4.25 in the near future.
is a pharmaceutical company that engages in the discovery, development, and commercialization of novel therapeutics with a focus on oncology and hematology. This stock is trading up 5.9% to $1.95 in recent trading.
Today's Range: $1.88-$2.08
52-Week Range: $1.51-$3.35
Volume: 1 million
Three-Month Average Volume: 615,998
Shares of ASTX are advancing nicely today after the company announced positive clinical data for subcutaneous SGI-110, which is novel hypomethylating agent.
From a technical perspective, ASTX is spiking sharply higher today and now flirting with both its 50-day moving average at $2.05 and its 200-day
Traders should now look for long-biased trades in ASTX if it can manage to clear both of those key moving averages, and break out above some major near-term overhead resistance at $2.20 with high-volume. Look for a sustained move and close above those levels that comes with volume that's near or above 615,998 shares.
If we get that action soon, then ASTX has a good chance of re-testing its recent high at $2.95 in the near future.
is a provider of mobile data solutions and services that enable wireless carriers to deliver mobile data services to their subscribers. This stock is trading up 10% to $1.30 in recent trading.
Today's Range: $1.18-$1.37
52-Week Range: $0.75-$14.73
Volume: 2.65 million
Three-Month Average Volume: 1.74 million
From a technical perspective, MOTR is surging back above its 50-day moving average of $1.21 today on heavy volume. This move is quickly pushing MOTR within range of
. That trade will hit once MOTR can manage to sustain a high-volume move and close above some near-term overhead resistance at $1.33.
Traders should look for long-biased trades in MOTR as long as it's trending above $1.33 with strong upside volume flows. If we can get a close above $1.33 and near its daily highs today, then look for MOTR to make a run at its next significant overheard resistance levels at $1.65 to $1.85 in the near future.
( LNET) is a provider of interactive media and connectivity solutions to the hospitality industry in the United States, Canada and Mexico. This stock is trading up 6.7% to $3.82 in recent trading.
Today's Range: $3.53-$3.79
52-Week Range: $1.31-$4.09
Three-Month Average Volume: 148,275
From a technical perspective, LNET is bouncing big right off its 50-day moving average of $3.51 today on light volume. This move is quickly pushing LNET within range of triggering a major breakout trade. That trade will hit once LNET takes out some near-term overhead resistance at $3.90 to $4.09 with high-volume.
Traders should look for long-biased trades if LNET can sustain a move and close above those levels with volume that's near or above 148,275 shares. If we get that action soon, look for LNET to make a run at its next significant overheard resistance levels at $4.81 to $5.50.
To see more stocks that are making notable moves higher today, check out the
portfolio on Stockpickr.
-- Written by Roberto Pedone in Winderemere, Fla.
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At the time of publication, author had no positions in stocks mentioned.
Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to Beconequity.com and maintains the website Maddmoney.net, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.