Stock Quotes in this Article: GAME, GPRC, MY

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

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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.

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

Shanda Games

Shanda Games (GAME) develops, sources and operates online games in the People's Republic of China. This stock closed up 6.5% to $5.08 in Tuesday's trading session.

Tuesday's Range: $4.53-$5.14

52-Week Range: $2.68-$6.42

Tuesday's Volume: 4.72 million

Three-Month Average Volume: 1.11 million

From a technical perspective, GAME spiked sharply higher here and broke out above some key overhead resistance levels at $4.96 to $4.98 with heavy upside volume. This breakout has now pushed shares of GAME above a five-month range, which saw the stock trend between $3.79 on the downside and $4.98 on the upside. Market players should now look for a continuation move higher in the short-term if GAME manages to take out Tuesday's high of $5.14 with strong upside volume flows.

Traders should now look for long-biased trades in GAME as long as it's trending above Tuesday's low of $4.53 or above its 50-day at $4.31 and then once it sustains a move or close above Tuesday's high of $5.14 with volume that hits near or above 1.1 million shares. If we get that move soon, then GAME will set up to re-test or possibly take out its next major overhead resistance levels at $6 to its 52-week high at $6.42.

Guanwei Recycling

Guanwei Recycling (GPRC) engages in the manufacture and distribution of low density polyethylene and other recycled plastics products primarily in the People's Republic of China and internationally. This stock closed up 8.2% to $3.01 a share in Tuesday's trading session.

Tuesday's Range: $2.80-$3.05

52-Week Range: $1.14-$3.60

Tuesday's Volume: 269,000

Three-Month Average Volume: 105,340

From a technical perspective, GPRC spiked sharply higher here right off its 50-day moving average of $2.82 with above-average volume. This stock recently formed a double bottom chart pattern at $2.60 to $2.62. Following that bottom, shares of GPRC have started to trend higher and move within range of triggering a near-term breakout trade. That trade will hit if GPRC manages to take out Tuesday's high of $3.05 to some more near-term overhead resistance at $3.07 with high volume.

Traders should now look for long-biased trades in GPRC as long as it's trending above Thursday's low of $2.80 or above more near-term support at $2.60 and then once it sustains a move or close above those breakout levels with volume that hits near or above 105,340 shares. If that breakout hits soon, then GPRC will set up to re-test or possibly take out its next major overhead resistance levels at its 52-week high of $3.60 to $4, or even $4.20.

China Ming Yang Wind Power Group

China Ming Yang Wind Power Group (MY) engages in designing, manufacturing, selling, leasing and servicing megawatt-class, grid-connected and horizontal-axis wind turbines primarily in the People's Republic of China. This stock closed up 9.5% to $2.98 in Tuesday's trading session.

Tuesday's Range: $2.74-$3.00

52-Week Range: $1.13-$3.52

Tuesday's Volume: 3.12 million

Three-Month Average Volume: 1.23 million

From a technical perspective, MY ripped sharply higher here and broke out above some near-term overhead resistance at $2.89 with strong upside volume. This stock recently pulled back right to its 50-day moving average and held that key technical support level. Shares of MY have now bounced higher off its 50-day and entered a new uptrend prior to breaking out on Tuesday. Market players should now look for a continuation move higher in the short-term if MY can manage to take out Tuesday's high of $3 with strong volume.

Traders should now look for long-biased trades in MY as long as it's trending above Tuesday's low of $2.74 or above $2.50 and then once it sustains a move or close above $3 with volume that hits near or above 1.23 million shares. If we get that move soon, then MY will set up to re-test or possibly take out its next major overhead resistance levels at $3.35 to its 52-week high at $3.52. Any high-volume move above those levels will then give MY a chance to tag $4.

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.


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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.