Stock Quotes in this Article: IMMU, NPTN, VMEM

DELAFIELD, Wis. (Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percentage losers.

>>5 Big Stock Trades to Buy in June

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 With Big Insider Buying

With that in mind, let's take a closer look at a several stocks under $10 that are making large moves to the upside.

NeoPhotonics

NeoPhotonics (NPTN) designs and manufactures photonic integrated circuit-based optoelectronic modules and subsystems for bandwidth-intensive, high-speed communications networks. This stock closed up 4.9% to $4.70 a share in Thursday's trading session.

Thursday's Range: $4.32-$4.72

52-Week Range: $3.89-$9.77

Thursday's Volume: 124,000

Three-Month Average Volume: 148,402

From a technical perspective, NPTN surged notably higher here right above some near-term support at $4.25 with decent upside volume flows. This spike higher on Thursday is starting to push shares of NPTN within range of triggering near-term breakout trade. That trade will hit if NPTN manages to take out Thursday's intraday high of $4.72 to some more near-term overhead resistance at $4.86 with high volume.

Traders should now look for long-biased trades in NPTN as long as it's trending above some near-term support at $4.25 and then once it sustains a move or close above those breakout levels with volume that hits near or above 148,402 shares. If that breakout hits soon, then NPTN will set up to re-test or possibly take out its next major overhead resistance levels at $5.30 to its 50-day moving average of $5.84, or even $6.

Violin Memory

Violin Memory (VMEM) develops and supplies memory-based storage systems to bring storage performance in line with high-speed applications, servers and networks worldwide. This stock closed up 3.6% to $3.65 a share in Thursday's trading session.

Thursday's Range: $3.44-$3.66

52-Week Range: $2.50-$7.98

Thursday's Volume: 1.19 million

Three-Month Average Volume: 788,091

From a technical perspective, VMEM trended notably higher here back above its 50-day moving average of $4.63 with above-average volume. This spike higher on Thursday is quickly pushing shares of VMEM within range of triggering a big breakout trade. That trade will hit if VMEM manages to take out some key near-term overhead resistance at $3.66 with high volume.

Traders should now look for long-biased trades in VMEM as long as it's trending above Thursday's intraday low of $3.44 or above more near-term support at $3.27 and then once it sustains a move or close above $3.66 with volume that hits near or above 788,091 shares. If that breakout begins soon, then VMEM will set up to re-test or possibly take out its next major overhead resistance levels at $4.08 to $4.63, or even $5.

Immunomedics

Immunomedics (IMMU), a biopharmaceutical company, focuses on the development of monoclonal antibody-based products for the targeted treatment of cancer, autoimmune and other serious diseases. This stock closed up 2.6% to $3.45 a share in Thursday's trading session.

Thursday's Range: $3.32-$3.48

52-Week Range: $3.04-$7.35

Thursday's Volume: 734,000

Three-Month Average Volume: 881,120

From a technical perspective, IMMU jumped notably higher here right above some near-term support at $3.23 with decent upside volume flows. This stock has been uptrending for the last month, with shares moving higher from its low of $3.04 to its recent high of $3.56. During that move, shares of IMMU have been consistently making higher lows and higher highs, which is bullish technical price action. This spike higher on Thursday is starting to push shares of IMMU within range of triggering a major breakout trade. That trade will hit if IMMU manages to take out some near-term overhead resistance at $3.56 to its 50-day moving average of $3.73 with high volume.

Traders should now look for long-biased trades in IMMU as long as it's trending above support at $3.23 and then once it sustains a move or close above those breakout levels with volume that hits near or above 881,120 shares. If that breakout gets started soon, then IMMU will set up to re-fill some of its previous gap-down-day zone from early May that started at $4.24.

To see more stocks that are making notable moves higher, check out the Stocks Under $10 Moving Higher portfolio on Stockpickr.

-- Written by Roberto Pedone in Delafield, Wis.


RELATED LINKS:







Follow Stockpickr on Twitter and become a fan on Facebook.

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.