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.

Immunomedics

Immunomedics (IMMU) - Get Report , a biopharmaceutical company, focuses on the development of monoclonal antibody-based products for the targeted treatment of cancer, autoimmune and other diseases in the U.S. This stock closed up 5.3% to $3.72 in Thursday's trading session.

Thursday's Range: $3.40-$3.75
52-Week Range: $3.04-$6.17
Thursday's Volume: 1.06 million
Three-Month Average Volume: 590,214

From a technical perspective IMMU ripped higher here right off its 50-day moving average of $3.38 with strong upside volume flows. This stock has formed a major bottoming chart pattern over the last two months and change, with shares finding buying interest whenever it has pulled back to around $3.15 a share. Shares of IMMU are now starting to rip higher above those support levels and it's quickly moving within range of triggering a major breakout trade. That trade will hit if IMMU manages to take out its 200-day moving average of $3.96 and then above more key overhead resistance levels at $3.99 to $4.24 with high volume.

Traders should now look for long-biased trades in IMMU as long as it's trending above its 50-day at $3.38 and then once it sustains a move or close above those breakout levels with volume that hits near or above 590,214 shares. If that breakout starts soon, then IMMU will set up to re-test or possibly take out its next major overhead resistance levels at $4.59 to $5, or even $5.44.

SandRidge Mississippian Trust

SandRidge Mississippian Trust (SDT) - Get Report , a statutory trust, acquires and holds royalty interests in specified oil and natural gas properties in the Mississippian formation in Alfalfa, Garfield, Grant and Woods counties in Oklahoma. This stock closed up 6.2% to $4.08 a share in Thursday's trading session.

Thursday's Range: $3.80-$4.10
52-Week Range: $3.66-$14.60
Thursday's Volume: 543,000
Three-Month Average Volume: 255,828

From a technical perspective, SDT ripped sharply higher here with strong upside volume flows. This solid spike to the upside on Thursday also pushed shares of SDT into breakout territory, since the stock cleared some near-term overhead resistance at $3.99. This moved is now quickly pushing shares of SDT within range of triggering another big breakout trade. That trade will hit if SDT manages to take out Thursday's intraday high of $4.10 to some more key overhead resistance at $4.32 with high volume.

Traders should now look for long-biased trades in SDT as long as it's trending above Thursday's intraday low of $3.80 or above its new 52-week low of $3.66 and then once it sustains a move or close above those breakout levels with volume that hits near or above 255,828 shares. If that breakout materializes soon, then SDT will set up to re-test or possibly take out its next major overhead resistance levels at its 50-day moving average of $4.71 to $5, or even $5.35 to $5.50.

Arcos Dorados

Arcos Dorados (ARCO) - Get Report is an Argentina-based company engaged in the operation of McDonald’s franchisees. This stock closed up 6.1% to $5.90 in Thursday's trading session.

Thursday's Range: $5.50-$6.13
52-Week Range: $5.40-$12.67
Thursday's Volume: 1.65 million
Three-Month Average Volume: 817,309

From a technical perspective, ARCO ripped sharply higher here right above its new 52-week low of $5.40 with strong upside volume flows. This stock has been smashed lower over the last two months and change, with shares plunging lower from its high of $10.44 to its new 52-week low of $5.40 a share. During this move, shares of ARCO have truly experienced some breathtaking downside volatility, since the stock has only traded higher during that period on a closing basis a handful of times. That extreme downside volatility could now be creating an opportunity for longs, since the stock now looks ready to trigger a major breakout trade. That trade will hit if ARCO manages to take out Thursday's intraday high of $6.13 to some more key near-term overhead resistance levels at $6.41 to its 50-day moving average at $6.66 with high volume.

Traders should now look for long-biased trades in ARCO as long as it's trending above its 52-week low of $5.40 and then once it sustains a move or close above those breakout levels with volume that hits near or above 817,309 shares. If that breakout develops soon, then ARCO will set up to re-test or possibly take out its next major overhead resistance levels at $7 to $8, or even its 200-day at $8.87.

Oclaro

Oclaro (OCLR) - Get Report designs, manufactures and markets lasers and optical components, modules and subsystems for the optical communications, industrial, and consumer laser markets worldwide. This stock closed up 8.5% to $1.53 in Thursday's trading session.

Thursday's Range: $1.38-$1.55
52-Week Range: $1.31-$3.57
Thursday's Volume: 471,000
Three-Month Average Volume: 404,651

From a technical perspective, OCLR ripped sharply higher here right above its new 52-week low of $1.31 with above-average volume. This stock has been downtrending badly for the last three months and change, with shares falling sharply from its high of $2.34 to that low of $1.31. During that downtrend, shares of OCLR have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of OCLR broke out on Thursday above some near-term overhead resistance at $1.44. That move is quickly pushing shares of OCLR within range of triggering another big breakout trade. That trade will hit if OCLR manages to take out some key near-term overhead resistance levels at $1.55 to its 50-day moving average of $1.62 with high volume.

Traders should now look for long-biased trades in OCLR as long as it's trending above Thursday's intraday low of $1.38 or above that new 52-week low of $1.31 and then once it sustains a move or close above those breakout levels with volume that hits near or above 404,651 shares. If that breakout hits soon, then OCLR will set up to re-test or possibly take out its next major overhead resistance levels at $1.69 to $1.79, or even $1.82 to $2.02.

-- 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.