Stock Quotes in this Article: CPSS, DNN, OCLR

WINDERMERE, Fla. (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.

Oclaro (OCLR)

This company provides high-performance core optical network components, modules and subsystems to global telecommunications equipment manufacturers. This stock is trading up 5.8% to $1.82 in recent trading.

Today's Range: $1.70-$1.90

52-Week Range: $1.11-$5.10

Volume: 1.28 million

Three-Month Average Volume: 956,988

From a technical perspective, OCLR is bouncing higher here right off its 50-day moving average of $1.69 with above-average volume. This move is quickly pushing shares of OCLR within range of triggering a near-term breakout trade. That trade will hit if OCLR manages to take out some near-term overhead resistance levels at $1.75 to $1.85 with high volume. At last check, OCLR has hit an intraday high of $1.89 and volume is well above its three-month average action of 956,988 shares.

Traders should now look for long-biased trades in OCLR as long as it's trending above its 50-day at $1.69, and then once it sustains a move or close above those breakout levels with volume that hits near or above 956,988 shares. If that breakout triggers soon, then OCLR will set up to re-test or possibly take out its next major overhead resistance levels at $2.11 to $2.20.

Consumer Portfolio Services (CPSS)

This company is engaged in purchasing & servicing retail automobile contracts originated by franchised automobile dealers and, by independent dealers in the United States in the sale of new & used automobiles, light trucks & passenger vans. This stock is trading up 5.7% to $5.93 in recent trading.

Today's Range: $5.42-$5.97

52-Week Range: $0.90-$6.19

Volume: 102,000

Three-Month Average Volume: 81,025

From a technical perspective, CPSS is bouncing higher here right off some near-term support at $5.37 with above-average volume. This stock has been uptrending strongly for the last six months, with shares soaring from a low of $1.89 to its recent high of $6.19. During that move, shares of CPSS have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed CPSS within range of triggering a major breakout trade. That trade will hit if CPSS manages to clear some near-term overhead resistance at $6.19 with high volume.

Traders should now look for long-biased trades in CPSS as long as it's trending above its $5.37, and then once it sustains a move or close above $6.19 with volume that hits near or above 81,025 shares. If that breakout triggers soon, then CPSS will set up to enter new 52-week high territory, which is bullish technical price action. Some possible upside targets of that breakout are $7 to $7.50.

Denison Mines (DNN)

This company is engaged in uranium exploration, development, mining and milling with active uranium mining projects in both the United States and Canada and development projects in Canada, Zambia and Mongolia. This stock is trading up 3.9% to $1.30 in recent trading.

Today's Range: $1.23-$1.30

52-Week Range: $1.03-$2.07

Volume: 1.08 million

Three-Month Average Volume: 649,667

From a technical perspective, DNN is ripping higher here right above its 50-day moving average of $1.19 with heavy upside volume. This move is quickly pushing shares of DNN within range of triggering a near-term breakout trade. That trade will hit if DNN manages to clear some near-term overhead resistance at $1.29 with high volume. At last check, DNN has hit an intraday high of $1.30 and volume is well above its three-month average action of 649,667 shares.

Traders should now look for long-biased trades in DNN as long as it's trending above its 50-day at $1.19, and then once it sustains a move or close above $1.29 to $1.30 with volume that hits near or above 649,667 million shares. If that breakout triggers soon, then DNN will set up to re-test or possibly take out its next major overhead resistance levels at $1.40 to $1.50. Any move above $1.50 will then put $1.60 to $1.70 into focus for shares of DNN.

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.