Stock Quotes in this Article: BIOS, GNCMA, CYNI

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 today.

General Communication

General Communication (GNCMA) offers facilities-based wireless telephone services, data services, Internet access, video services and local and long-distance voice services to residential and business customers. This stock closed up 5.2% to $9.76 in Thursday's trading session.

Thursday's Range: $9.34-$9.83

52-Week Range: $7.67-$10.09

Thursday's Volume: 168,000

Three-Month Average Volume: 117,983

From a technical perspective, GNCMA trended sharply higher here back above its 50-day moving average of $9.59 with above-average volume. This move is quickly pushing shares of GNCMA within range of triggering a big breakout trade. That trade will hit if GNCMA manages to take out Thursday's high of $9.83 to its 52-week high at $10.09 with high volume.

Traders should now look for long-biased trades in GNCMA as long as it's trending above Thursday's low of $9.34 or above some more near-term support at $9.10, and then once it sustains a move or close above those breakout levels with volume that hits near or above 117,983 shares. If that breakout hits soon, then GNCMA will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are its next major overhead resistance levels at $10.43 to $11.40. Any high-volume move above $11.40 will then give GNCMA a chance to tag $12 to $12.50.

BioScrip

BioScrip (BIOS) is a provider of pharmacy and home health services that partners with patients, physicians, hospitals, healthcare payors and pharmaceutical manufacturers. This stock closed up 2.9% to $6.57 a share in Thursday's trading session.

Thursday's Range: $6.34-$6.71

52-Week Range: $5.61-$17.62

Thursday's Volume: 1.02 million

Three-Month Average Volume: 1.79 million

From a technical perspective, BIOS spiked modestly higher here with lighter-than-average volume. This move is starting to push shares of BIOS within range of triggering a near-term breakout trade. That trade will hit if BIOS manages to take out Thursday's high of $6.71 and then its 50-day moving average of $6.99 with high volume.

Traders should now look for long-biased trades in BIOS as long as it's trending above some key near-term support levels at $6.21 or at $5.75, and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.79 million shares. If that breakout hits soon, then BIOS will set up to re-test or possibly take out its next major overhead resistance levels at $7.42 to $8. Any high-volume move above those levels will then give BIOS a chance to tag $8.50 to $9.

Cyan

Cyan (CYNI) provides carrier-grade networking solutions that transform disparate and inefficient legacy networks into open, high-performance networks. This stock closed up 2.8% to $4.33 in Thursday's trading session.

Thursday's Range: $4.15-$4.42

52-Week Range: $3.61-$15.05

Thursday's Volume: 240,000

Three-Month Average Volume: 334,686

From a technical perspective, CYNI spiked higher here right above some near-term support at $4 with lighter-than-average volume. This move is quickly pushing shares of CYNI within range of triggering a major breakout trade. That trade will hit if CYNI manages to take out Thursday's high of $4.42 to some more near-term overhead resistance at $4.43 with high volume.

Traders should now look for long-biased trades in CYNI as long as it's trending above some near-term support levels at $4 or at $3.92 and then once it sustains a move or close above those breakout levels with volume that hits near or above 334,686 shares. If that breakout triggers soon, then CYNI will set up to re-test or possibly take out its next major overhead resistance level at $5.38. Any high-volume move above that level will then give CYNI a chance to tag $6.

To see more stocks that are making notable moves higher today, 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.