Stock Quotes in this Article: BTN, ISLE, PGRX

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

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.

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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.

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

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Ballantyne Strong

Ballantyne Strong (BTN) designs, develops, manufactures, services and distributes theatre and lighting systems. This stock closed up 3.2% to $3.47 on Wednesday.

Wednesday's Range: $3.38-$3.58

52-Week Range: $3.09-$6.48

Volume: 163,000

Three-Month Average Volume: 62,825

From a technical perspective, BTN ripped higher Wednesday right above its 50-day moving average of $3.31 with above-average volume. This stock has been uptrending modestly for the last two months, with shares moving higher from its low of $3.09 to its intraday high of $3.58. During that move, shares of BTN have been mostly making higher lows and higher highs, which is bullish technical price action. That move has now pushed BTN within range of triggering a near-term breakout trade. That trade will hit if BTN manages to take out some near-term overhead resistance levels at $3.56 to $3.60 with high volume.

Traders should now look for long-biased trades in BTN as long as it’s trending above its 50-day at $3.31, and then once it sustains a move or close above those breakout levels with volume that hits near or above 62,825 shares. If that breakout hits soon, then BTN will set up to re-test or possibly take out its next major overhead resistance levels at $3.90 to $4.13. Any high-volume move above those levels will then put $4.20 to $4.50 into focus for shares of BTN.

Isle of Capri Casinos

Isle of Capri Casinos (ISLE) is a developer, owner and operator of branded gaming facilities and related lodging and entertainment facilities in regional markets in the U.S. This stock closed up 7.3% to $6.39 on Wednesday.

Wednesday's Range: $5.93-$6.42

52-Week Range: $4.75-$7.92

Volume: 167,000

Three-Month Average Volume: 79,465

From a technical perspective, ISLE ripped higher Wednesday right off its 200-day moving average of $5.93 with above-average volume. This stock has been uptrending strong for the last two months, with shares soaring from its low of $4.75 to its intraday high of $6.42. During that move, shares of ISLE have been mostly making higher lows and higher highs, which is bullish technical price action. That move has now pushed ISLE within range of triggering a near-term breakout trade. That trade will hit if ISLE manages to take out some near-term overhead resistance levels at $6.67 to $7.30 with high volume.

Traders should now look for long-biased trades in ISLE as long as it’s trending above $6.09 to $6.28, and then once it sustains a move or close above those breakout levels with volume that hits near or above 79,465 shares. If that breakout triggers soon, then ISLE will set up to re-test or possibly take out its next major overhead resistance level at its 52-week high of $7.92. Any move above $7.92 would then push ISLE into new 52-week-high territory, which is bullish technical price action. Some possible targets above $7.92 are $8.50 to $9.

Prospect Global Resources

Prospect Global Resources (PGRX) is an exploration stage company engaged in the exploration and mining of potash in the Holbrook Basin of eastern Arizona. This stock closed up 13.8% to $1.56 in recent trading.

Today’s Range: $1.38-$1.56

52-Week Range: $1.61-$10.50

Volume: 430,000

Three-Month Average Volume: 225,912

From a technical perspective, PGRX soared higher Wednesday back above its 50-day moving average of $1.50 with above-average volume. This move is pushing shares of PGRX within range of triggering a near-term breakout trade. That trade will hit if PGRX manages to take out some near-term overhead resistance levels at $1.59 to $1.84 with high volume.

Traders should now look for long-biased trades in PGRX as long as it’s trending its 50-day at $1.50 and then once it sustains a move or close above those breakout levels with volume that hits near or above 225,912 shares. If that breakout triggers soon, then PGRX will set up to re-test or possibly take out its next major overhead resistance levels at $2 to $2.25. Any high-volume move above $2.25 will then put $2.50 to $3 into range for shares of PGRX.

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 Winderemere, Fla.

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At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., 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.