4 Stocks Under $10 Making Big Moves

DELAFIELD, Wis. (Stockpickr) -- As part of your daily routine as an active trader or investor, it's important to track the stocks in the market that are making the biggest percentage gains and the biggest percentage losses.

Stocks that are making large moves to the upside are favorites among short-term traders who want to capture some of that massive volatility. Stocks that are making big-percentage moves 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 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.

TCP International

TCPI data by YCharts

TCP International (TCPI), together with its subsidiaries, designs, develops, manufactures, and markets lamps, fixtures, and Internet-based lighting control solutions to the retail, commercial, and industrial customers worldwide. This stock is trading up 8.1% to $4.52 share in Thursday's trading session.

Thursday's Range: $4.12-$4.65 
52-Week Range: $1.76-$11.29 
Thursday's Volume: 202,000 
Three-Month Average Volume: 250,741

From a technical perspective, TCP International is ripping sharply higher here right off its 50-day moving average of $4.07 with decent upside volume flows. This stock has been consolidating and trending sideways over the last month, with shares moving between $4.05 on the downside and $4.87 on the upside. Shares of TCP International have now started to rip higher off some near-term support and it's beginning to trend within range of triggering a big breakout trade above the upper-end of its recent sideways trending chart pattern. That trade will hit if this stock manages to take out some key near-term overhead resistance levels at $4.87 to its 200-day moving average of $5.12 with high volume.

Traders should now look for long-biased trades in TCP International as long as it's trending above its 50-day at $4.07 and then once it sustains a move or close above those breakout levels with volume that registers near or above 250,741 shares. If that breakout kicks off soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $6.50 to $7.

U.S. Auto Parts Network

PRTS data by YCharts

U.S. Auto Parts Networks (PRTS - Get Report), together with its subsidiaries, operates as an online retailer of automotive aftermarket parts and accessories primarily in the U.S., Canada, and the Philippines. This stock is trading up 4.9% to $2.34 in Thursday's trading session.

Thursday's Range: $2.30-$2.34 
52-Week Range: $1.50-$4.09 
Thursday's Volume: 42,000 
Three-Month Average Volume: 50,244

From a technical perspective, U.S. Auto Parts Network is ripping higher here right off its 20-day moving average of $2.26 with decent upside volume flows. This stock has recently formed a double bottom chart pattern, after shares found buying interest over the last month and change at $2.17 to $2.18 a share. Shares of U.S. Auto Parts Network are now starting to trend higher off those support levels and it's quickly moving within range of triggering a major breakout trade above some key near-term overhead resistance levels. That breakout will trigger if this stock manages to take out some key near-term overhead resistance levels at $2.36 to $2.38 and then above its 200-day moving average of $2.44 with high volume.

Traders should now look for long-biased trades in U.S. Auto Parts Network as long as it's trending above those double bottom support levels and then once it sustains a move or close above those breakout levels with volume that hits near or above 50,244 shares. If thatbreakout materializes soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $2.70 to $3.15.

Northern Oil and Gas

NOG data by YCharts

Northern Oil and Gas (NOG - Get Report), an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the U.S. This stock is trading up 3.8% to $6.34 in Thursday's trading session.

Thursday's Range: $6.08-$6.35 
52-Week Range: $4.79-$17.09 
Thursday's Volume: 766,000 
Three-Month Average Volume: 1.49 million

From a technical perspective, Northern Oil and Gas is trending notably higher here right off some near-term support at $6.07 with lighter-than-average volume. This spike to the upside on Thursday is so far showing that traders are defending the lower-end of Northern Oil and Gas's recent range. Market players should now look for a continuation move to the upside in the short-term if this stock manages to take out some near-term overhead resistance levels at $6.50 to its 20-day moving average of $6.92 with high volume.

Traders should now look for long-biased trades in Northern Oil and Gas as long as it's trending above some key near-term support at $6.07 and then once it sustains a move or close above $6.50 to $6.92 with volume that hits near or above 1.49 million shares. If that move gets started soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at its 50-day moving average of $7.28 to $7.50, or even its 200-day moving average of $8.50.

Aeropostale

ARO data by YCharts

Aeropostale  (ARO - Get Report) operates as a specialty retailer of casual apparel and accessories for 14 to 17 year-old young women and men. This stock is trading up 11.8% to $1.84 in Thursday's trading session.

Thursday's Range: $1.71-$1.85 
52-Week Range: $1.59-$4.39 
Thursday's Volume: 2.42 million 
Three-Month Average Volume: 2.12 million

From a technical perspective, Aeropostale is soaring sharply higher here right above its new 52-week low of $1.59 with strong upside volume flows. Shares of Aeropostale recently broke below its previous support levels at $1.77 to $1.70 a share with heavy downside volume. That volume might have been a tipping point for the sellers who've blasted this stock lower over the last five months, with shares dropping sharply from its February high of $4.39 a share. It's possible the sellers are done on this stock in the short-term, and now shares of Aeropostale are quickly moving within range of triggering a major breakout trade. That breakout will trigger if this stock manages to take out its 20-day moving average of $1.82 and then once it clears more key overhead resistance levels at $1.90 to $1.99 with high volume.

Traders should now look for long-biased trades in Aeropostale as long as it's trending above Thursday's intraday low of $1.71 and then once it sustains a move or close above those breakout levels with volume that hits near or above 2.12 million shares. If that breakout triggers soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $2.20 to around $2.60.

By Roberto Pedone

Source: http://www.thestreet.com/story/13207371/1/4-stocks-under-10-making-big-moves.html?kval=dontmiss