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.


Aeterna Zentaris

Aeterna Zentaris (AEZS) - Get Aeterna Zentaris Inc. Report, a specialty biopharmaceutical company, is focused on developing and commercializing novel treatments in oncology and endocrinology. This stock closed up 5% to $1.25 in Thursday's trading session.

Thursday's Range: $1.19-$1.26
52-Week Range: $0.99-$1.75
Thursday's Volume: 1.32 million
Three-Month Average Volume: 646,050

From a technical perspective, AEZS ripped sharply higher here right above its 50-day moving average of $1.17 and back above its 200-day moving average of $1.22 with strong upside volume flows. This sharp spike higher on Thursday also pushed shares of AEZS into breakout territory, since the stock took out some more near-term overhead resistance at $1.23. This move is starting to push shares of AEZS within range of triggering another big breakout trade. That trade will hit if AEZS manages to take out some key overhead resistance levels at $1.28 to $1.35 with high volume.

Traders should now look for long-biased trades in AEZS as long as it's trending above its 200-day at $1.22 or above Thursday's intraday low of $1.19 and then once it sustains a move or close above those breakout levels with volume that hits near or above 646,050 shares. If that breakout begins soon, then AEZS will set up to re-test or possibly take out its next major overhead resistance levels at $1.52 to $1.62.

Scorpio Bulkers

Scorpio Bulkers (SALT) - Get Scorpio Bulkers, Inc. Report, a development stage company, focuses on owning and operating drybulk carriers. This stock closed up 3.6% to $7.95 a share in Thursday's trading session.

Thursday's Range: $7.66-$7.97
52-Week Range: $7.56-$10.73
Thursday's Volume: 764,000
Three-Month Average Volume: 417,631

From a technical perspective, SALT ripped higher here right above some near-term support at $7.56 with above-average volume. This sharp spike to the upside on Thursday is quickly pushing shares of SALT within range of triggering a near-term breakout trade. That trade will hit if SALT manages to take out some near-term overhead resistance levels at $8 to $8.10 with high volume.

Traders should now look for long-biased trades in SALT as long as it's trending above its 52-week low of $7.56 and then once it sustains a move or close above those breakout levels with volume that hits near or above 417,631 shares. If that breakout kicks off soon, then SALT will set up to re-test or possibly take out its next major overhead resistance levels at its 50-day moving average of $8.60 to $8.75, or around $9 to $9.50.

Rubicon Technology

Rubicon Technology (RBCN) - Get Rubicon Technology, Inc. Report, an electronic materials provider, develops, manufactures, and sells monocrystalline sapphire and other crystalline products for light-emitting diodes (LEDs), radio frequency integrated circuits (RFICs), blue laser diodes, optoelectronics, and other optical applications. This stock closed up 4% to $6.12 a share in Thursday's trading session.

Thursday's Range: $5.85-$6.16
52-Week Range: $5.52-$14.67
Thursday's Volume: 322,000
Three-Month Average Volume: 545,912

From a technical perspective, RBCN ripped higher here with lighter-than-average volume. This stock recently gapped down sharply from close to $8 to $5.52 with monster downside volume. Following that move, shares of RBCN have started to bounce higher off that $5.52 low and it's quickly moving within range of triggering a major breakout trade. That trade will hit if RBCN manages to take out Thursday's intraday high of $6.16 to its gap-down-day high of $6.50 with high volume.

Traders should now look for long-biased trades in RBCN as long as it's trending above Thursday's intraday low of $5.85 or above more near-term support at $5.70 and then once it sustains a move or close above those breakout levels with volume that hits near or above 545,912 shares. If that breakout hits soon, then RBCN will set up to re-fill some of its previous gap-down-day zone that started near $8.

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Sunesis Pharmaceuticals

Sunesis Pharmaceuticals (SNSS) - Get Sunesis Pharmaceuticals, Inc. Report, a biopharmaceutical company, focuses on the development and commercialization of oncology therapeutics for the treatment of solid and hematologic cancers. This stock closed up 2.7% to $7.19 a share in Thursday's trading session.

Thursday's Range: $6.91-$7.23
52-Week Range: $3.84-$7.49
Thursday's Volume: 741,000
Three-Month Average Volume: 466,551

From a technical perspective, SNSS jumped higher here right above some near-term support at $6.75 with above-average volume. This stock has been uptrending strong for the last month, with shares moving higher from its low of $5.46 to its recent high of $7.24. During that uptrend, shares of SNSS have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of SNSS within range of triggering a major breakout trade. That trade will hit if SNSS manages to take out some key overhead resistance levels at $7.24 to its 52-week high at $7.49 with high volume.

Traders should now look for long-biased trades in SNSS as long as it's trending above some near-term support at $6.75 or above $6.60 and then once it sustains a move or close above those breakout levels with volume that hits near or above 466,551 shares. If that breakout materializes soon, then SNSS will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $9 to $10.

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.

RELATED LINKS:

>>3 Stocks Under $10 to Trade for Breakouts

>>Trade These 5 Consumer Stocks for Gains in August

>>5 Large-Cap Stocks to Trade for Gains

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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.

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.