Stock Quotes in this Article: BORN, ONVO, EVRY


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.

Organovo

Organovo (ONVO), a development-stage company, focuses on developing and commercializing functional human tissues that could be employed in drug discovery and development, in biological research and as therapeutic implants for the treatment of damaged or degenerating tissues and organs. This stock closed up 4.4% to $8.72 in Tuesday's trading session.

Tuesday's Range: $8.11-$8.95

52-Week Range: $3.69-$13.65

Tuesday's Volume: 3.47 million

Three-Month Average Volume: 1.57 million

From a technical perspective, ONVO ripped sharply higher here right off its 200-day moving average of $8.13 with strong upside volume. This spike higher on Tuesday is quickly pushing shares of ONVO within range of triggering a major breakout trade. That trade will hit if ONVO manages to take out some key overhead resistance levels at $9.10 to $9.30 with high volume.

Traders should now look for long-biased trades in ONVO as long as it's trending above its 200-day at $8.13 or above $7.50 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.57 million shares. If that breakout hits soon, then ONVO will set up to re-test or possibly take out its next major overhead resistance levels at $10.50 to $10.84. Any high-volume move above those levels will then give ONVO a chance to make a run at $12.

China New Borun

China New Borun (BORN) produces and distributes corn-based edible alcohol in the People's Republic of China. This stock closed up 4.3% to $2.87 in Tuesday's trading session.

Tuesday's Range: $2.75-$2.94

52-Week Range: $1.15-$4.40

Tuesday's Volume: 477,000

Three-Month Average Volume: 124,125

From a technical perspective, BORN ripped higher here right off its 50-day moving average of $2.70 with strong upside volume flows. This spike higher on Tuesday pushed shares of BORN into breakout territory, since the stock closed above some near-term overhead resistance at $2.85. Market players should now look for a continuation move to the upside if BORN can manage to take out Tuesday's intraday high of $2.94 to more resistance at $3 with high volume.

Traders should now look for long-biased trades in BORN as long as it's trending above its 50-day at $2.70 or above more near-term support at $2.60 and then once it sustains a move or close above $2.94 to $3 with volume that hits near or above 124,125 shares. If that move starts soon, then BORN will set up to re-test or possibly take out its next major overhead resistance levels at $3.30 to $3.54, or even $3.64.

EveryWare Global

EveryWare Global (EVRY) provides tabletop and food preparation products for the consumer, foodservice and specialty markets. This stock closed up 17.6% to $1.53 in Tuesday's trading session.

Tuesday's Range: $1.30-$1.56

52-Week Range: $0.67-$13.74

Tuesday's Volume: 351,000

Three-Month Average Volume: 300,530

From a technical perspective, EVRY ripped sharply higher here right above some near-term support at $1.21 with above-average volume. This stock recently formed a triple bottom chart pattern at $1.26, $1.25 and $1.21. Following that bottom, shares of EVRY have started to soar higher and move within range of triggering a big breakout trade. That trade will hit if EVRY manages to take out its 50-day moving average of $1.66 to some more near-term overhead resistance at $1.70 with high volume.

Traders should now look for long-biased trades in EVRY as long as it's trending above Tuesday's intraday low of $1.30 or above those triple bottom support levels and then once it sustains a move or close above those breakout levels with volume that hits near or above 300,530 shares. If that breakout materializes soon, then EVRY will set up to re-test or possibly take out its next major overhead resistance level at $2.44.

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.