5 Stocks Under $5 Making Big Moves

WINDERMERE, Fla. (Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percentage losers.

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 earnings release. Sometimes stocks making big moves have been hit with an analyst upgrade or an analyst upgrade.

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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.

Let's take a closer look at a number of stocks under $10 that are making large-percentage moves to the upside today.

American Superconductor

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American Superconductor ( AMSC) is a provider of megawatt-scale solutions for wind power. This stock is trading up 5.7% at $4.07 in recent trading.

Today's Range: $3.88-$4.14

52-Week Range: $3.21-$25.19

Volume: 357,000

Three-Month Average Volume: 903,041

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From a technical perspective, AMSC recently found some buying interest near some previous support at around $3.50.

Traders should now watch for ASMC to close near its daily highs to signal that this stock wants to continue to trend higher towards its 50-day moving average of $4.61. At last check, the daily high for AMSC is $4.14, so watch for a close near that level to signal that $4.61 or higher is in the cards in the very near future.

FriendFinder Networks

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FriendFinder Networks ( FFN) is an Internet and technology company providing services in social networking and Web-based video sharing. This stock is trading up 10.2% at $1.62 in recent trading.

Today's Range: $1.51-$1.70

52-Week Range: $0.51-$10.01

Volume: 278,000

Three-Month Average Volume: 750,288

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From a technical perspective, FFN is bouncing right near its 50-day moving average of $1.42 today on light volume.

Market players should keep an eye on FFN for a breakout trade if this stock can manage to take out some near-term overhead resistance at $1.79 with volume. Look for volume on a move over that level that's near or well above its average action of 750,288 shares. If we get that action soon, then this stock has a good chance of tagging its 200-day moving average of $2.41 in the very near future.

FriendFinder shows up on a list of the 5 Worst IPOs of 2011.

Acadia Pharmaceuticals

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Acadia Pharmaceuticals ( ACAD) is a biopharmaceutical company focused on the development and commercialization of small molecule drugs for the treatment of central nervous system disorders. This stock is trading up 18.3% at $2.02 in recent trading.

Today's Range: $1.72-$2.06

52-Week Range: $0.90-$3.30

Volume: 1,751,000

Three-Month Average Volume: 334,031

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From a technical perspective, ACAD has started to trigger a big breakout trade today since the stock is moving above some near-term overhead resistance at $1.80 to $1.85 on huge volume.

Traders should continue to look for long biased trades in ACAD as long as the stock is trending above those key breakout levels with strong volume flows. The next major overhead resistance level is at $2.06, so look for more upside if that level gets taken out soon with volume.

Nautilus

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Nautilus ( NLS) is a consumer fitness products company. This stock is trading up 7.6% to $2.85 in recent trading.

Today's Range: $2.61-$3.04

52-Week Range: $1.32-$3.45

Volume: 582,000

Three-Month Average Volume: 154,143

From a technical perspective, NLS has started to flirt with a big breakout trade today. The stock briefly moved above some near-term overhead resistance levels at $2.85 to $2.89 on heavy volume.

Traders should now look for a sustained high-volume move and close above those levels to signal that this stock wants to trend much higher. If we get that action today or soon, then NLS has a solid chance of hitting its next significant overhead resistance levels at $3.25 to $3.45 in the near future.

K Swiss

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K Swiss ( KSWS) designs, develops and markets an array of footwear, apparel and accessories for athletic, sports and fitness activities and casual wear under the K-Swiss brand. This stock is trading up 9.4% to $4.24 in recent trading.

Today's Range: $3.89-$4.25

52-Week Range: $2.47-$12.48

Volume: 180,000

Three-Month Average Volume: 220,623

From a technical perspective, KSWS is trading within range of a big breakout trade today. The stock briefly moved above some near-term overhead resistance at $4.06 to $4.11 on decent volume.

Traders should now watch for a sustained high-volume move and close above those levels to signal that the stock wants to move much higher. Look for volume that's near or well above 220,623 shares. If we get that action today or soon, then look for KSWS to rip higher back towards its next significant overhead resistance zones at $4.69 to $5.

To see more stocks under-$10 that are making notable moves higher today, check out the Stocks Under-$10 Moving Higher portfolio on Stockpickr.

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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.

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