>>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. >>Buy the Dips: This Bull Market's Not Over 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.Alaska Communications SystemsAlaska Communications Systems ( ALSK) provides an integrated communications services to consumer and business customers in and out of Alaska. This stock closed up 8.2% to $2.24 in Tuesday's trading session. Tuesday's Range: $2.06-$2.38 52-Week Range: $1.55-$3.90 Thursday's Volume: 974,000 Three-Month Average Volume: 523,059 From a technical perspective, ALSK spiked sharply higher here right off some near-term support at $2.05 and back above its 200-day moving average of $2.19 with strong upside volume. This move is quickly pushing shares of ALSK within range of triggering a major breakout trade. That trade will hit if ALSK manages to take out some near-term overhead resistance at $2.35 to Tuesday's high of $2.38 with high volume. Traders should now look for long-biased trades in ALSK as long as it's trending above some key near-term support at $2.05 and then once it sustains a move or close above those breakout levels with volume that hits near or above 523,059 shares. If that breakout hits soon, then ALSK will set up to re-test or possibly take out its next major overhead resistance levels at $2.82 to $2.83. Any high-volume move above those levels will then give ALSK a chance to tag $3.20 to $3.50.