Stock Quotes in this Article: XOMA, TXMD, VTNR


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

Read More: Warren Buffett's Top 10 Dividend Stocks

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.

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

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Vertex Energy

Vertex Energy (VTNR), an environmental services company, provides various services designed to aggregate, process, and recycle industrial and commercial waste streams, as well as off-specification commercial chemical products. This stock closed up 5.7% to $8.87 in Tuesday's trading session.

Tuesday's Range: $8.41-$9.14

52-Week Range: $2.79-$11.25

Tuesday's Volume: 540,000

Three-Month Average Volume: 449,914

From a technical perspective, VTNR ripped higher here and broke out above some near-term overhead resistance at $8.49 with above-average volume. This move to the upside on Tuesday also pushed shares of VTNR back above its 50-day moving average of $8.75. Market players should now look for a continuation move to the upside in the short-term if VTNR manages to take out Tuesday's intraday high of $9.14 with high volume.

Traders should now look for long-biased trades in VTNR as long as it's trending above Tuesday's intraday low of $8.41 or above more near-term support at $8 and then once it sustains a move or close above $9.14 with volume that hits near or above 449,914 shares. If that move gets started soon, then VTNR will set up to re-test or possibly take out its next major overhead resistance levels at $10.17 to $10.38, or even $11.25.

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Xoma

Xoma (XOMA) discovers and develops antibody-based therapeutics in the U.S., Europe, and the Asia Pacific. This stock closed up 4.7% to $4.40 in Tuesday's trading session.

Tuesday's Range: $4.18-$4.40

52-Week Range: $3.42-$9.57

Tuesday's Volume: 1.02 million

Three-Month Average Volume: 1.35 million

From a technical perspective, XOMA ripped higher here right above some near-term support at $4.07 and back above its 50-day moving average of $4.27 with decent upside volume flows. This strong spike to the upside on Tuesday is quickly pushing shares of XOMA within range of triggering a big breakout trade. That trade will hit if XOMA manages to take out Tuesday's intraday high of $4.40 to some more near-term overhead resistance at $4.45 with high volume.

Traders should now look for long-biased trades in XOMA as long as it's trending above some key near-term support levels at $4.07 or at $4 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.35 million shares. If that breakout hits soon, then XOMA will set up to re-test or possibly take out its next major overhead resistance levels at $4.95 to $5, or even its 200-day moving average of $5.37.

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TherapeuticsMD

TherapeuticsMD (TXMD) operates as a women's health care product company. The company manufactures and distributes branded and generic prescription prenatal vitamins, as well as over-the-counter vitamins and cosmetics. This stock closed up 1.6% to $5.57 in Tuesday's trading session.

Tuesday's Range: $5.41-$5.59

52-Week Range: $2.03-$9.01

Tuesday's Volume: 1.09 million

Three-Month Average Volume: 1.91 million

From a technical perspective, TXMD trended modestly higher here right above its 200-day moving average of $5.15 with decent upside volume flows. This small move to the upside on Tuesday is starting to push shares of TXMD within range of triggering a major breakout trade. That trade will hit if TXMD manages to take out some key near-term overhead resistance levels at $5.72 to $5.80 with high volume.

Traders should now look for long-biased trades in TXMD as long as it's trending above its 200-day at $5.15 or its 50-day at $4.87 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.91 million shares. If that breakout gets set off soon, then TXMD will set up to re-test or possibly take out its next major overhead resistance levels at $6.43 to $7, or even $7.50 to $8.

Read More: 10 Stocks Carl Icahn Loves in 2014

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.