Stock Quotes in this Article: FREE, SREV

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 are making large moves to the upside today.

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ServiceSource International

ServiceSource International (SREV) helps hardware, software, health care and life sciences companies derive from their customers more revenue from maintenance, support and subscription agreements. This stock is trading up 7.1% to $6.48 in recent trading.

Today’s Range: $6.02-$6.52

52-Week Range: $4.01-$16.78

Volume: 178,000

Three-Month Average Volume: 702,316

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From a technical perspective, SREV is bouncing higher here right off some previous support at $6 with lighter-than-average volume. This stock has been trending sideways for the last two months, with shares moving between $6 on the downside and $7.31 on the upside. Shares of SREV are now quickly moving within range of triggering a near-term breakout trade. That trade will hit if SREV manages to take out its 50-day at $6.53 with high volume.

Traders should now look for long-biased trades in SREV as long as it’s trending above some near-term support at $6, and then once it sustains a move or close above $6.53 with volume that hits near or above 702,316 shares. If that breakout triggers soon, then SREV will set up to re-test or possibly take out its next major overhead resistance levels $7.16 to $7.31. Any high-volume move above those levels will then put its 200-day at $8.04 into range for shares of SREV.

FreeSeas

FreeSeas (FREE) is an international dry bulk shipping company, currently focusing on the Handysize and Handymax sectors. This stock is trading up 12.8% to $1.32 in recent trading.

Today’s Range: $1.14-$1.37

52-Week Range: $0.60-$21.80

Volume: 891,000

Three-Month Average Volume: 375,813

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From a technical perspective, FREE is ripping higher here right above some near-term support at $1.12 with above-average volume. This move is quickly pushing shares of FREE within range of triggering a major breakout trade above a key downtrend line. That trade will hit if FREE manages to take out some near-term overhead resistance levels at $1.40 to $1.53 a share with high volume.

Traders should now look for long-biased trades in FREE as long as it’s trending above some key near-term support at $1.12 and then once it sustains a move or close above those breakout levels with volume that hits near or above 375,813 shares. If that breakout triggers soon, then FREE will set up to re-test or possibly take out its next major overhead resistance levels at its 50-day of $1.62 to $1.84. Any high-volume move above those levels will then put its next major resistance levels at $2.15 to its 200-day at $2.53 into range for shares of FREE.

Alcatel-Lucent

Alcatel-Lucent (ALU), which provides mobile and broadband networking services, is trading up 5.9% to $1.42 in recent trading.

Today’s Range: $1.38-$1.43

52-Week Range: $0.91-$2.10

Volume: 12.76 million

Three-Month Average Volume: 13.91 million

From a technical perspective, ALU is ripping higher here right above its 200-day moving average of $1.30 with decent upside volume. This move is quickly pushing shares of ALU within range of triggering a major breakout trade. That trade will hit if ALU manages to take out its 50-day moving average at $1.49 and then once it clears more overhead resistance at $1.52 with high volume.

Traders should now look for long-biased trades in ALU as long as it’s trending above its 200-day at $1.30, and then once it sustains a move or close above those breakout levels with volume that hits near or above 13.91 million shares. If that breakout hits soon, then ALU will set up to re-test or possibly take out its next major overhead resistance levels at $1.78 to $1.79. Any high-volume move above those levels will then put $2 to $2.50 into range for shares of ALU.

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.