Stock Quotes in this Article: EBR, FOE, GFA

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.

>>5 Stocks Under $10 Set to Soar

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.

Centrais

Centrais (EBR) is engaged in the generation, transmission and distribution of electric energy. This stock closed up 4.2% to $2.20 in Thursday's trading session.

Thursday's Range: $2.11-$2.20

52-Week Range: $1.88-$7.96

Thursday's Volume: 505,000

Three-Month Average Volume: 1.08 million

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From a technical perspective, EBR bounced higher here right off some near-term support at $2.10 with lighter-than-average volume. This stock has recently come out of a downtrend, which took shares of EBR lower from its high of $3.06 to its low of $1.88. Shares of EBR have now started to reverse that downtrend and uptrend, with the stock moving higher from $1.88 to its recent high of $2.21. That move is quickly pushing shares of EBR within range of triggering a near-term breakout trade. That trade will hit if EBR manages to take out some key overhead resistance levels at $2.21 to its 50-day at $2.32 and then once it clears more resistance at $2.38 with high volume.

Traders should now look for long-biased trades in EBR as long as it's trending above some near-term support at $2.10 or above more support at $1.99 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.08 million shares. If that breakout triggers soon, then EBR will set up to re-test or possibly take out its next major overhead resistance level at $2.70 to $3.06. Any high-volume move above those levels will then put its 200-day moving average at $3.16 into range for shares of EBR.

Gafisa

Gafisa (GFA) is a homebuilder in Brazil engaged in the development of residential buildings, land subdivisions and entry-level houses. It also provides construction services to third parties. This stock closed up 3.8% to $2.69 in Thursday's trading session.

Thursday's Range: $2.55-$2.70

52-Week Range: $2.20-$5.24

Thursday's Volume: 1.03 million

Three-Month Average Volume: 1.86 million

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From a technical perspective, GFA bounced higher here right above some near-term support levels at $2.50 to $2.38 with decent upside volume. This stock just recently came out of a downtrend, which took shares of GFA lower from its high of $5.24 to its low of $2.28. Shares of GFA have started to reverse that downtrend and uptrend, with the stock moving higher form $2.28 to its recent high of $2.86. That move is quickly pushing shares of GFA within range of triggering a near-term breakout trade. That trade will hit if GFA manages to take out some near-term overhead resistance levels at $2.86 to its 50-day at $2.99 with high volume.

Traders should now look for long-biased trades in GFA as long as it's trending above some near-term support levels at $2.50 or $2.38 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.86 million shares. If that breakout hits soon, then GFA will set up to re-test or possibly take out its next major overhead resistance levels at $3.30 to its 200-day at $3.92. Any high-volume move above $3.92 to $3.95 will then give GFA a chance to trend north of $4.

Ferro

Ferro (FOE) is a producer of specialty materials and chemicals that are sold to a range of manufacturers who, in turn, make products for many end-use markets. It offers electronic, color and glass materials, including conductive metal pastes. This stock closed up 3.5% to $6.94 in Thursday's trading session.

Thursday's Range: $6.62-$6.99

52-Week Range: $2.38-$7.26

Thursday's Volume: 534,000

Three-Month Average Volume: 666,816

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From a technical perspective, FOE spiked higher here right above some near-term support at $6.59 and back above its 50-day moving average at $6.87 with decent upside volume. This move is quickly pushing shares of FOE within range of triggering a major breakout trade. That trade will hit if FOE manages to take out some near-term overhead resistance levels at $6.99 to $7.16 and then once it clears its 52-week high at $7.26 with high volume.

Traders should now look for long-biased trades in FOE as long as it's trending above support at $6.59 and then once it sustains a move or close above those breakout levels with volume that hits near or above 666,816 shares. If that breakout hits soon, then FOE will set up to enter new 52-week-high territory above $7.26, which is bullish technical price action. Some possible upside targets off that breakout are $8 to $9, or even $10.

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.