>>5 Stocks Set to Soar on Bullish Earnings 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 Poised for Breakouts 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.EnteroMedicsEnteroMedics ( ETRM) is a development stage medical device company engaged in design and development of devices that use neuroblocking technology to treat obesity, its associated co-morbidities, and other gastrointestinal disorders. This stock closed up 8.5% to $1.27 in Tuesday's trading session. Tuesday's Range: $1.20-$1.36 52-Week Range: $0.81-$3.70 Tuesday's Volume: 3.68 million Three-Month Average Volume: 724,771 >>4 Hot Stocks to Trade (or Not) From a technical perspective, ETRM spiked sharply higher here right above its 50-day moving average of $1.13 with huge volume. This stock briefly flirted with a breakout above its 200-day at $1.31 and above some more near-term overhead resistance at $1.32. Shares of ETRM closed just below those levels at $1.27 with volume that was well above its three-month average action of 724,771 shares. Traders should now look for long-biased trades in ETRM as long as it's trending above Tuesday's low of $1.20 or above its 50-day at $1.13 and then once it sustains a move or close above Tuesday's high of $1.36 and above more key resistance levels at $1.37 to $1.47 with volume that hits near or above 724,771 shares. If we get that move soon, then ETRM will set up to re-fill some of its previous gap down zone from February that started at $3.