4 Stocks Under $10 Moving Higher

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

>>5 Stocks Ready to Explode Higher

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 Oversold Stocks Ready to Rebound

With that in mind, let's take a closer look at a several stocks under $10 that are making large moves to the upside.

Acura Pharmaceuticals

Acura Pharmaceuticals (ACUR), a specialty pharmaceutical company, engages in the research, development, and commercialization of product candidates intended to address medication abuse and misuse utilizing its proprietary Aversion and Impede technologies. This stock closed up 5.3% to $1.76 in Thursday's trading session.

Thursday's Range: $1.67-$1.77
52-Week Range: $1.35-$3.78
Thursday's Volume: 399,000
Three-Month Average Volume: 215,069

From a technical perspective, ACUR spiked sharply higher here right off its 50-day moving average of $1.68 with above-average volume. This move is starting to push shares of ACUR within range of triggering a big breakout trade. That trade will hit if ACUR manages to take out Thursday's high of $1.77 to its 200-day moving average of $1.82 and then once it clears some more resistance at $1.91 with high volume.

Traders should now look for long-biased trades in ACUR as long as it's trending above some key near-term support levels at $1.65 or at $1.59 and then once it sustains a move or close above those breakout levels with volume that hits near or above 215,069 shares. If that breakout triggers soon, then ACUR will set up to re-test or possibly take out its next major overhead resistance levels at $2.23 to $2.59.

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