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.
With that in mind, let's take a closer look at a several stocks under $10 that are making large moves to the upside.
Atossa Genetics (ATOS) operates as a health care company that focuses on the development and marketing of cellular and molecular diagnostic risk assessment products for breast cancer in the U.S. This stock closed up 2.8% to $2.34 in Tuesday's trading session.
Tuesday's Range: $2.29-$2.42
52-Week Range: $1.74-$12.40
Thursday's Volume: 782,000
Three-Month Average Volume: 558,952
From a technical perspective, ATOS spiked notably higher here right above some near-term support at $2.25 with above-average volume. This move briefly pushed shares of ATOS back above its 50-day moving average of $2.39, before the stock closed just below that level at $2.35. Market players should now look for a continuation move higher in the short-term if ATOS manages to take out Tuesday's high of $2.42 to some more near-term overhead resistance at $2.45 with high volume.