4 Stocks Under $10 Making Big Moves

DELAFIELD, Wis. (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 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.

InterCloud Systems

InterCloud Systems (ICLD) provides single-source end-to end information technology and network solutions to the telecommunications service provider and corporate enterprise markets through cloud platforms and professional services in the U.S. This stock closed up 3.2% to $5.08 in Tuesday's trading session.

Tuesday's Range: $4.90-$5.23
52-Week Range: $2.20-$19.39
Tuesday's Volume: 264,000
Three-Month Average Volume: 539,998

From a technical perspective, ICLD spiked higher here right above some near-term support at $4.88 with lighter-than-average volume. This stock has been trending sideways and consolidating for the last month and change, with shares moving between $4.45 on the downside and $5.71 on the upside. This spike to the upside on Tuesday is now starting to push shares of ICLD within range of triggering a near-term breakout trade above the upper-end of its recent sideways trading chart pattern. That trade will hit if ICLD manages to take out its 50-day moving average of $5.44 to some more near-term overhead resistance levels at $5.71 to $6 with high volume.

Traders should now look for long-biased trades in ICLD as long as it's trending above some key near-term support levels at $4.88 or at $4.45 and then once it sustains a move or close above those breakout levels with volume that hits near or above 539,998 shares. If that breakout triggers soon, then ICLD will set up to re-test or possibly take out its next major overhead resistance levels at $6.95 to $7.89.

TherapeuticsMD

TherapeuticsMD (TXMD) operates as a women's health care product company. This company manufactures and distributes branded and generic prescription prenatal vitamins, as well as over-the-counter vitamins and cosmetics. This stock closed up 3% to $5.79 in Tuesday’s trading session.

Tuesday's Range: $5.57-$6.01
52-Week Range: $2.33-$9.01
Tuesday's Volume: 3.51 million
Three-Month Average Volume: 1.97 million

From a technical perspective, TXMD jumped notably higher here with strong upside volume flows. This push to the upside on Tuesday is also sent shares of TXMD into breakout territory, since the stock took out some key near-term overhead resistance levels at $5.72 to $5.80. Shares of TXMD tagged an intraday high of $6.01, before closing just below that level at $5.79. Market players should now look for a continuation move to the upside in the short-term if TXMD manages to clear Tuesday's intraday high of $6.01 with strong upside volume flows.

Traders should now look for long-biased trades in TXMD as long as it's trending above its 200-day moving average of $5.20 and then once it sustains a move or close above $6.01 with volume that hits near or above 1.97 million shares. If that move gets started soon, then TXMD will set up to re-test or possibly take out its next major overhead resistance levels at $6.43 to $7, or even $7.50 to $8.

Tecogen

Tecogen (TGEN) designs, manufactures, sells and services systems that produce electricity, hot water and air conditioning for commercial installations and buildings, and industrial processes. This stock closed up 7.2% to $5.78 in Tuesday’s trading session.

Tuesday's Range: $5.30-$6.59
52-Week Range: $4.97-$31.31
Tuesday's Volume: 179,000
Three-Month Average Volume: 33,145

From a technical perspective, TGEN ripped sharply higher here right above some near-term support at $4.97 with above-average volume. This strong move to the upside on Tuesday briefly pushed shares of TGEN back above its 50-day moving average of $6.10. Shares of TGEN tagged an intraday high of $6.59, before it closed well off that level at $5.78. Shares of TGEN are now starting to trend within range of triggering a big breakout trade. That trade will hit if TGEN manages to clear some key near-term overhead resistance levels at $6.60 to $6.89 with high volume.

Traders should now look for long-biased trades in TGEN as long as it's trending above Tuesday's intraday low of $5.30 and then once it sustains a move or close above those breakout levels with volume that hits near or above 33,145 shares. If that breakout hits soon, then TGEN will set up to re-test or possibly take out its next major overhead resistance levels at $8.40 to $9.80.

Atossa Genetics

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% to $1.98 in Tuesday’s trading session.

Tuesday's Range: $1.90-$2.02
52-Week Range: $1.15-$7.75
Tuesday's Volume: 245,000
Three-Month Average Volume: 228,150

From a technical perspective, ATOS bounced notably higher here right off its 200-day moving average of $1.89 with above-average volume. This stock has been uptrending strong for the last three months and change, with shares moving higher from its low of $1.35 to its recent high of $2.20. During that move, shares of ATOS have been making mostly higher lows and higher highs, which is bullish technical price action. Shares of ATOS broke out on Tuesday above some near-term overhead resistance at $1.97. Market players should now look for a continuation move to the upside in the short-term if ATOS manages to clear Tuesday's intraday high of $2.02 with high volume.

Traders should now look for long-biased trades in ATOS as long as it's trending above its 200-day at $1.89 or above its 50-day at $1.77 and then once it sustains a move or close $2.02 with volume that hits near or above 228,150 shares. If that move kicks off soon, then ATOS will set up to re-test or possibly take out its next major overhead resistance levels at $2.20 to $2.36, or even $3.

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

-- Written by Roberto Pedone in Delafield, Wis.

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At the time of publication, author had no positions in stocks mentioned. Roberto Pedone, based out of Delafield, Wis., is an independent trader who focuses on technical analysis for small- and large-cap stocks, options, futures, commodities and currencies. Roberto studied international business at the Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany. His work has appeared on financial outlets including CNBC.com and Forbes.com. You can follow Pedone on Twitter at www.twitter.com/zerosum24 or @zerosum24.

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