Stock Quotes in this Article: TSPT, ASTX, VTUS, CNDO

 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.

Coronado Biosciences

Coronado Biosciences (CNDO) is a biopharmaceutical company focused on novel immunotherapy biologic agents for autoimmune diseases and cancer. This stock closed up 4.9% to $8.22 in Thursday's trading session.

Thursday's Range: $7.84-$8.29

52-Week Range: $4.00-$12.70

Thursday's Volume: 323,000

Three-Month Average Volume: 390,192

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From a technical perspective, CNDO spiked higher here right above its 200-day moving average of $7.63 with decent upside volume. This stock has been downtrending badly for the last three months, with shares falling from its high of $12.70 to its recent low of $7.32. During that move, shares of CNDO have been consistently making lower highs and lower lows, which is bearish technical price action. Shares of CNDO now look ready to reverse that trend and potentially trigger a near-term breakout trade. That trade will hit if CNDO manages to take out some near-term overhead resistance levels at $8.56 to $8.94 with high volume.

Traders should now look for long-biased trades in CNDO as long as it's trending above its 200-day at $7.63 or above more support at $7.32 and then once it sustains a move or close above those breakout levels with volume that hits near or above 390,192 shares. If that breakout hits soon, then CNDO will set up to re-test or possibly take out its next major overhead resistance levels at $9.50 to $10.35. Any high-volume move above those levels will then put its next major resistance level at $11 into range for shares of CNDO.

Transcept Pharmaceuticals

Transcept Pharmaceuticals (TSPT) is a specialty pharmaceutical company focused on the development and commercialization of proprietary products that address important therapeutic needs in neuroscience. This stock closed up 6% to $2.98 in Thursday's trading session.

Thursday's Range: $2.81-$2.99

52-Week Range: $2.77-$6.77

Thursday's Volume: 138,000

Three-Month Average Volume: 158,095

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From a technical perspective, TSPT spiked sharply higher here right above some near-term support at $2.77 and back above its 50-day moving average at $2.95 with decent upside volume. This move is quickly pushing shares of TSPT within range of triggering a major breakout trade. That trade will hit if TSPT manages to take out some near-term overhead resistance levels at $3.16 to $3.25 with high volume. If that breakout hits, it would also push TSPT outside of a large consolidation pattern the stock has been in for the last three months.

Traders should now look for long-biased trades in TSPT as long as it's trending above some key near-term support at $2.77 and then once it sustains a move or close above those breakout levels with volume that hits near or above 158,095 shares. If that breakout triggers soon, then TSPT will set up to re-test or possibly take out its next major overhead resistance levels at $4.23 to its 200-day moving average at $4.50. Any high-volume move above those levels will then put $4.89 to $5 into range for shares of TSPT.

Astex Pharmaceuticals

Astex Pharmaceuticals (ASTX) is a pharmaceutical company dedicated to the discovery and development of novel small molecule therapeutics with a focus on oncology and hematology. This stock closed up 5.9% to $5.54 in Thursday's trading session.

Thursday's Range: $5.27-$5.59

52-Week Range: $2.14-$6.95

Thursday's Volume: 1.25 million

Three-Month Average Volume: 1.42 million

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From a technical perspective, ASTX bounced sharply higher here right above some near-term support at $5.10 with decent upside volume. This stock pulled back recently from $5.85 to $5.10 and it now looks ready to resume its uptrend and possibly trigger a breakout trade. That trade will if ASTX manages to take out some near-term overhead resistance levels at $5.85 to $5.90 and then once it clears more resistance at $6.25 with high volume.

Traders should now look for long-biased trades in ASTX as long as it's trending above some key near-term support levels at $5.10 or its 50-day at $4.89 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.42 million shares. If that breakout triggers soon, then ASTX will set up to re-test or possibly take out its 52-week high at $6.95. Any high-volume move above $6.95 will then give ASTX a chance to trend north of $7 as the stock enters new 52-week-high territory.

Ventrus Biosciences

Ventrus Biosciences (VTUS) is engaged in the late-stage clinical development of gastrointestinal products in areas of unmet need, anal fissures and fecal incontinence. This stock closed up 6.2% to $2.54 in Thursday's trading session.

Thursday's Range: $2.41-$2.58

52-Week Range: $1.91-$4.15

Thursday's Volume: 266,000

Three-Month Average Volume: 202,803

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From a technical perspective, VTUS soared higher here right off its 50-day moving average of $2.37 with above-average volume. This stock has been uptrending strong for the last month and change, with shares moving higher from its low of $1.91 to its intraday high of $2.58. During that move, shares of VTUS have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of VTUS within range of triggering a near-term breakout trade. That trade will hit if VTUS manages to take out some near-term overhead resistance levels at $2.61 to its 200-day moving average at $2.62 with high volume.

Traders should now look for long-biased trades in VTUS as long as it's trending above its 50-day at $2.37 and then once it sustains a move or close above those breakout levels with volume that hits near or above 202,803 shares. If that breakout hits soon, then VTUS will set up to re-test or possibly take out its next major overhead resistance levels at $2.83 to $3. Any high-volume move above $3 will then put its next major overhead resistance levels at $3.43 to $3.92 within range for shares of VTUS.

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.