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3 Under-$10 Tech Stocks to Keep on Your Radar

DELAFIELD, Wis. ( Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percentage losers.

>>5 Stocks Under $10 Set to Soar

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 Insiders Love Right Now

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.

Parkervision

Parkervision ( PRKR) designs, develops and markets proprietary radio frequency technologies and products for use in semiconductor circuits for wireless communication products in the U.S. This stock closed up 5.9% to $3.90 in Thursday's trading session.

Thursday's Range: $3.65-$4.00
52-Week Range: $1.82-$7.78
Thursday's Volume: 1.12 million
Three-Month Average Volume: 2.45 million

From a technical perspective, PRKR spiked sharply higher here right above its 50-day moving average of $3.48 and back above its 200-day moving average at $3.86 with lighter-than-average volume. This move is quickly pushing shares of PRKR within range of triggering a big breakout trade. That trade will hit if PRKR manages to take out some near-term overhead resistance levels at Thursday's high of $4 to $4.05 with high volume.

Traders should now look for long-biased trades in PRKR as long as it's trending above its 50-day at $3.48 or above more support at $3.45 and then once it sustains a move or close above those breakout levels with volume that hits near or above 2.45 million shares. If that breakout hits soon, then PRKR will set up for a potentially large move higher that takes the stock back towards $5 to $5.50.

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SYM TRADE IT LAST %CHG
AVNW $1.16 -2.52%
DRWI $0.57 2.52%
PRKR $0.84 1.24%
AAPL $124.25 -0.14%
FB $81.66 -0.67%

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