Stock Quotes in this Article: AT, DBLE, PCYO

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.

Atlantic Power

Atlantic Power (AT) owns and operates a fleet of power generation assets in the U.S. and Canada. This stock closed up 9.5% to $2.97 in Tuesday's trading session.

Tuesday's Range: $2.67-$3.00

52-Week Range: $2.11-$5.57

Tuesday's Volume: 2.53 million

Three-Month Average Volume: 1.50 million

From a technical perspective, AT skyrocketed sharply higher here back above its 50-day moving average of $2.75 with above-average volume. This stock has been uptrending for the last two months, with shares moving higher from its low of $2.08 to its recent high of $2.98. During that move, shares of AT have been making mostly higher lows and higher highs, which is bullish technical price action. This sharp spike higher on Tuesday is quickly pushing shares of AT within range of triggering a near-term breakout trade. That trade will hit if AT manages to take out Tuesday's high of $3 to some more near-term overhead resistance at $3.10 with high volume.

Traders should now look for long-biased trades in AT as long as it's trending above Tuesday's low of $2.67 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.50 million shares. If that breakout starts soon, then AT will set up to re-test or possibly take out its next major overhead resistance levels at $3.50 to $3.75.

Pure Cycle

Pure Cycle (PCYO) designs, constructs, operates and maintains water and wastewater systems in the Denver metropolitan area. This stock closed up 4% to $6.71 in Tuesday's trading session.

Tuesday's Range: $6.49-$6.76

52-Week Range: $4.28-$7.32

Tuesday's Volume: 87,000

Three-Month Average Volume: 60,912

From a technical perspective, PCYO jumped higher here right above its 50-day moving average of $6.25 with above-average volume. This stock has been trending sideways for the last five months, with shares moving between $5.59 on the downside and $7.19 on the upside. This spike higher on Tuesday is now starting to push shares of PCYO within range of triggering a big breakout trade above the upper-end of its recent sideways trading chart pattern. That trade will hit if PCYO manages to take out some key near-term overhead resistance levels at $7 to $7.17 and then once it takes out $7.19 to its 52-weeek high at $7.32 with high volume.

Traders should now look for long-biased trades in PCYO as long as it's trending above its 50-day at $6.25 or above its 200-day at $5.94 and then once it sustains a move or close above those breakout levels with volume that hits near or above 60,912 shares. If that breakout gets underway soon, then PCYO will set up to enter new 52-week-high territory above $7.32, which is bullish technical price action. Some possible upside targets off that breakout are $8 to $9, or even $10.

Double Eagle Petroleum

Double Eagle Petroleum (DBLE), an independent energy company, engages in the exploration, development, production and sale of natural gas and crude oil primarily in the Rocky Mountain Basins of the western U.S. This stock closed up 9.2% to $2.48 in Tuesday's trading session.

Tuesday's Range: $2.35-$2.50

52-Week Range: $1.90-$5.70

Tuesday's Volume: 78,000

Three-Month Average Volume: 51,685

From a technical perspective, DBLE gapped up sharply higher here right above its 50-day moving average of $2.2 with above-average volume. This stock has been uptrending strong for the last two months, with shares moving higher from its low of $1.97 to its recent high of $2.50. During that uptrend, shares of DBLE have been consistently making higher lows and higher highs, which is bullish technical price action. This spike higher on Tuesday is now quickly pushing shares of DBLE within range of triggering a near-term breakout trade. That trade will hit if DBLE manages to take out resistance at $2.50 with high volume.

Traders should now look for long-biased trades in DBLE as long as it's trending above its 50-day at $2.22 or above more near-term support at $2.17 and then once it sustains a move or close above $2.50 with volume that hits near or above 51,685 shares. If that breakout hits soon, then DBLE will set up to re-test or possibly take out its next major overhead resistance levels at its 200-day moving average of $2.83 to $3.10. Any high-volume move above those levels will then give DBLE a chance to re-test or possibly take out its super-spike high from last December at $3.79.

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.