Stock Quotes in this Article: BIOD, DRRX, SNTA, TGTX

 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.

Biodel

Biodel (BIOD) is a specialty biopharmaceutical company focused on the development and commercialization of innovative treatments for diabetes. This stock closed up 2.9% to $4.25 on Tuesday.

Tuesday's Range: $4.10-$4.27

52-Week Range: $2.13-$5.11

Volume: 229,000

Three-Month Average Volume: 292,024

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From a technical perspective, BIOD trended higher here right above its 50-day moving average of $3.95 with decent upside volume. This move is quickly pushing shares of BIOD within range of triggering a near-term breakout trade. That trade will hit if BIOD manages to take out some near-term overhead resistance at $4.46 with high volume.

Traders should now look for long-biased trades in BIOD as long as it's trending above its 50-day at $3.95 and then once it sustains a move or close above $4.46 with volume that hits near or above 292,024 shares. If that breakout triggers soon, then BIOD will set up to re-test or possibly take out its 52-week high at $5.11. Any high-volume move above $5.11 will then put $6 into range for shares of BIOD.

TG Therapeutics

TG Therapeutics (TGTX) is a biopharmaceutical company focused on the acquisition, development and commercialization of innovative and medically important pharmaceutical products for the treatment of cancer and other underserved therapeutic needs. This stock closed up 2.6% to $6.63 on Tuesday.

Tuesday's Range: $6.25-$6.73

52-Week Range: $1.82-$7.75

Volume: 70,000

Three-Month Average Volume: 105,403

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From a technical perspective, TGTX trended up here right off its 50-day moving average of $6.19 with lighter-than-average volume. This stock recently formed a double bottom chart pattern at $6.12 to $6.10. Shares of TGTX are now starting to move within range of triggering a near-term breakout trade. That trade will hit if TGTX manages to clear some near-term overhead resistance at $7.07 with high volume.

Traders should now look for long-biased trades in TGTX as long as it's trending above its 50-day at $6.19 or above more near-term support levels at $6.10 or $5.82, and then once it sustains a move or close above $7.07 with volume that hits near or above 105,403 shares. If that breakout hits soon, then TGTX will set up to re-test or possibly take out its 52-week high at $7.75. Any high-volume move above that level will then give TGTX a chance to tag $10 to $10.40.

Durect

Durect (DRRX), a specialty pharmaceutical company, develops pharmaceutical products based on its proprietary drug delivery technology platforms. This stock closed up 5.4% to $1.16 on Tuesday.

Tuesday's Range: $1.08-$1.17

52-Week Range: $0.61-$1.85

Volume: 320,000

Three-Month Average Volume: 823,095

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From a technical perspective, DRRX bounced higher here right above some near-term support at $1.05 and back above its 200-day moving average at $1.13 with lighter-than-average volume. This move is quickly pushing shares of DRRX within range of triggering a major breakout trade. That trade will hit if DRRX manages to take out some near-term overhead resistance levels at $1.20 to $1.32 with high volume.

Traders should now look for long-biased trades in DRRX as long as it's trending above some near-term support at $1.05 or above its 50-day at $1.01 and then once it sustains a move or close above those breakout levels with volume that hits near or above 823,095 shares. If that breakout triggers soon, then DRRX will set up to re-fill some of its previous gap down zone from May that started at $1.67. Any high-volume move above that level will then give DRRX a chance to tag its next major overhead resistance levels at $1.73 to $1.85.

Synta Pharmaceuticals

Synta Pharmaceuticals (SNTA) is a biopharmaceutical company engaged in discovering, developing and commercializing small molecule drugs to extend and enhance the lives of patients with severe medical conditions like cancer and chronic inflammatory diseases. This stock closed up 2.7% to $5.59 on Tuesday.

Tuesday's Range: $5.52-$5.84

52-Week Range: $3.76-$11.88

Volume: 2.06 million

Three-Month Average Volume: 1.64 million

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From a technical perspective, SNTA trended higher here right off some near-term support at $5.50 with strong upside volume. This stock has been uptrending strong for the last month and change, with shares soaring higher from its low of $3.77 to its intraday high of $5.84. During that move, shares of SNTA have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of SNTA within range of triggering a major breakout trade. That trade will hit if SNTA manages to take out its gap down day high from June at $6 with high volume.

Traders should now look for long-biased trades in SNTA as long as it's trending above some near-term support at $5.50 or above more support at $5 and then once it sustains a move or close above $6 with volume that hits near or above 1.64 million shares. If that breakout triggers soon, then SNTA will set up to re-fill some of its previous gap down zone from June that started at $7.58. If that gap gets filled, then SNTA could tag its 200-day moving average at $8.28.

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.