Stock Quotes in this Article: HA, NYNY, IQNT

MADISON, Wis. (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 are making large moves to the upside today.

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Hawaiian Holdings

Hawaiian Holdings (HA) is engaged in the scheduled air transportation of passengers and cargo among the Hawaiian Islands and between the Hawaiian Islands and certain cities in the U.S. and other world countries. This stock closed up 0.82% to $6.16 on Thursday.

Thursday's Range: $5.95-$6.18

52-Week Range: $5.16-$7.30

Volume: 637,000

Three-Month Average Volume: 996,230

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From a technical perspective, shares of HA bounced higher here right off its 200-day moving average of $5.93 with lighter-than-average volume. This stock has been uptrending strong for the last two months, with shares moving higher from its low of $5.18 to its recent high of $6.42. During that move, shares of HA have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of HA within range of triggering a breakout trade. That trade will hit if HA manages to clear some near-term overhead resistance levels at $6.42 to $6.48 and then once it takes out some past resistance at $6.77 with high volume.

Traders should now look for long-biased trades in HA as long as it's trending above its 200-day at $5.93 or its 50-day at $5.72, and then once it sustains a move or close above those breakout levels with volume that hits near or above 996,230 shares. If that breakout hits soon, then HA will set up to re-test or possibly take out its 52-week high at $7.30. Any high-volume move above $7.30 will then put its next major overhead resistance levels at $8 to $8.50 within range for shares of HA.

Neutral Tandem

Neutral Tandem (IQNT) is a voice, IP Transit and Ethernet telecommunications services provider on a wholesale basis. This stock closed up 2.5% to $5.25 on Thursday.

Thursday's Range: $5.04-$5.27

52-Week Range: $2.10-$14.15

Volume: 534,000

Three-Month Average Volume: 848,588

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From a technical perspective, IQNT bounced higher here right off some near-term support at $5 with lighter-than-average volume. This stock has been uptrending strong for the last two months, with shares soaring higher from its low of $2.18 to its recent high of $5.35. During that uptrend, shares of IQNT have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of IQNT within range of triggering a near-term breakout trade. That trade will hit if IQNT manages to take out some near-term overhead resistance at $5.35 with high volume.

Traders should now look for long-biased trades in IQNT as long as it's trending above some key near-term support levels at $5 or above $4.50 and then once it sustains a move or close above $5.35 with volume that hits near or above 848,588 shares. If that breakout triggers soon, then IQNT will set up to re-test or possibly take out its next major overhead resistance levels at $6 to $7.

Empire Resorts

Empire Resorts (NYNY) owns and operates Monticello Gaming and Raceway, a video gaming machine and harness horseracing facility located in Monticello, New York. This stock closed up 9.3% to $2.58 on Thursday.

Thurday's Range: $2.30-$2.68

52-Week Range: $1.50-$3.58

Volume: 50,000

Three-Month Average Volume: 35,223

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From a technical perspective, NYNY soared higher here right off its 50-day moving average at $2.29 with above-average volume. This move is quickly pushing shares of NYNY within range of triggering a major breakout trade. That trade will hit if NYNY manages to take out some near-term overhead resistance levels at $2.70 to $2.82 and then once it takes out more key resistance just above $2.90 with high volume.

Traders should now look for long-biased trades in NYNY as long as it's trending above its 50-day at $2.29 and then once it sustains a move or close above those breakout levels with volume that hits near or above 35,223 shares. If that breakout triggers soon, then NYNY will set up to re-test or possibly take out its next major overhead resistance levels at $3.30 to its 52-week high at $3.58. Any high-volume move above those levels will then put its next major overhead resistance levels at $3.90 to $4.60 into range for shares of NYNY.

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 Madison, Wis.

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

Roberto Pedone, based out of Madison, 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.