Stock Quotes in this Article: AMCN, ASTC, SNMX

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 today.

AirMedia Group

AirMedia Group (AMCN), through its subsidiaries, operates out-of-home advertising platforms in the People's Republic of China. This stock closed up 3.5% to $1.74 in Tuesday's trading session.

Tuesday's Range: $1.65-$1.75

52-Week Range: $1.50-$3.20

Thursday's Volume: 354,000

Three-Month Average Volume: 258,120

From a technical perspective, AMCN spiked higher here right above some previous support at $1.61 with above-average volume. This stock has been trending sideways and consolidating for the last month and change, with AMCN moving between $1.58 on the downside and $1.89 on the upside. Shares of AMCN are now starting to trend within range of triggering a big breakout trade above the upper-end of its recent sideways trading chart pattern. That trade will hit if AMCN manages to take out some near-term overhead resistance levels at $1.78 to its 50-day moving average at $1.83, and then once it takes out more near-term overhead resistance at $1.89 with high volume.

Traders should now look for long-biased trades in AMCN as long as it's trending above Tuesday's low of $1.65 or above more near-term support at $1.61 and then once it sustains a move or close above those breakout levels with volume that hits near or above 258,120 shares. If that breakout hits soon, then AMCN will set up to re-test or possibly take out its next major overhead resistance levels at $2.20 to $2.40. Any high-volume move above those levels will then give AMCN a chance to tag $3 to its 52-week high at $3.20.

Senomyx

Senomyx (SNMX) discovers, develops and commercializes flavor ingredients for the packaged food, beverage and ingredient supply industries by including savory and cooling flavors and flavor modulators, such as sweet and salt modifiers and bitter blockers. This stock closed up 8% to $4.55 in Tuesday's trading session.

Tuesday's Range: $4.21-$4.60

52-Week Range: $1.53-$4.88

Tuesday's Volume: 372,000

Three-Month Average Volume: 103,434

From a technical perspective, SNMX skyrocketed higher here right above its 50-day moving average of $3.93 with strong upside volume. This move is quickly pushing shares of SNMX within range of triggering a major breakout trade. That trade will hit if SNMX manages to take out some near-term overhead resistance levels at $4.60 to its 52-week high at $4.88 with high volume.

Traders should now look for long-biased trades in SNMX as long as it's trending above Tuesday's low of $4.21 or above is 50-day at $3.93 and then once it sustains a move or close above those breakout levels with volume that hits near or above 103,434 shares. If that breakout triggers soon, then SNMX will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $5.50 to $6.

Astrotech

Astrotech (ASTC) is a commercial aerospace company that provides spacecraft payload processing and related services, designs and manufactures space hardware, and commercializes space technologies for use on Earth. This stock closed up 10.5% to $1.57 in Tuesday's trading session.

Tuesday's Range: $1.45-$1.63

52-Week Range: $0.61-$1.74

Tuesday's Volume: 687,000

Three-Month Average Volume: 239,809

From a technical perspective, ASTC gapped sharply higher here and broke out above some near-term overhead resistance at $1.55 with above-average volume. This stock has been trending sideways for the last month and change, with shares moving between $1.24 on the downside and $1.74 on the upside. Shares of ASTC are now quickly moving within range of triggering a major breakout trade above the upper-end of its recent sideways trading chart pattern. That breakout will hit if ASTC manages to take out some near-term overhead resistance levels at $1.67 to its 52-week high at $1.74 with high volume.

Traders should now look for long-biased trades in ASTC as long as it's trending above Tuesday's low of $1.45 or above more near-term support at $1.35 and then once it sustains a move or close above those breakout levels with volume that hits near or above 239,809 shares. If that breakout triggers soon, then ASTC will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $2.50 to $2.75.

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 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.