Stock Quotes in this Article: CBMX, CRTX, ETRM, SNSS

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

>>5 Stocks Set to Soar on Bullish Earnings

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 Toxic Stocks to Sell Now

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.

CombiMatrix

CombiMatrix (CBMX) is a molecular diagnostics company that operates mainly in the field of genetic analysis and molecular diagnostics. This stock closed up 8.4% to $3.33 in Tuesday's trading session.

Tuesday's Range: $3.24-$3.89

52-Week Range: $1.40-$14.14

Tuesday's Volume: 2.05 million

Three-Month Average Volume: 383,146

>>5 Rocket Stocks to Buy for Earnings Season

From a technical perspective, CBMX ripped higher here right above its 50-day moving average at $3.07 with heavy upside volume. This move is quickly pushing shares of CBMX within range of triggering a major breakout trade. That trade will hit if CBMX manages to take out its 200-day moving average at $3.85 and then when it clears more resistance at $4.60 to $4.62 with high volume.

Traders should now look for long-biased trades in CBMX as long as it's trending above Tuesday's low of $3.24 and then once it sustains a move or close above those breakout levels with volume that hits near or above 383,146 shares. If that breakout triggers soon, then CBMX will set up to re-test or possibly take out its next major overhead resistance levels at $6 to $7.50.

EnteroMedics

EnteroMedics (ETRM) is a development-stage medical device company engaged in the design and development of devices that use neuroblocking technology to treat obesity, its associated co-morbidities and other gastrointestinal disorders. This stock closed up 7.6% to $1.12 in Tuesday's trading session.

Tuesday's Range: $1.02-$1.13

52-Week Range: $0.81-$4.14

Tuesday's Volume: 735,000

Three-Month Average Volume: 698,086

>>5 Stocks Poised for Big Breakouts

From a technical perspective, ETRM spiked sharply higher here back above its 50-day moving average of $1.10 with above-average volume. This stock is starting to move within range of triggering a breakout trade above a key descending trendline that started back in late May. That breakout will hit if ETRM manages to take out some near-term overhead resistance levels at $1.14 to $1.18 with high volume.

Traders should now look for long-biased trades in ETRM as long as it's trending above some near-term support at $1.01 and then once it sustains a move or close above those breakout levels with volume that hits near or above 698,086 shares. If that breakout hits soon, then ETRM will set up to re-test or possibly take out its next major overhead resistance levels at $1.30 to $1.47. Any high-volume move above $1.47 will then give ETRM a chance to re-fill its previous gap-down zone from last February that started near $3.

Cornerstone Therapeutics

Cornerstone Therapeutics (CRTX) is a specialty pharmaceutical company which commercializes products for the hospital and adjacent specialty markets. This stock closed up 9.6% to $8.21 in Tuesday's trading session.

Tuesday's Range: $8.20-$8.31

52-Week Range: $3.10-$10.37

Tuesday's Volume: 244,000

Three-Month Average Volume: 87,460

>>3 Hot Stocks to Trade (or Not)

From a technical perspective, CRTX spiked sharply higher here back above its 50-day moving average of $8.68 with heavy upside volume. This move also pushed shares of CRTX into breakout territory, since the stock took out some near-term overhead resistance levels at $8.35 to $8.95.

Traders should now look for long-biased trades in CRTX as long as it's trending above its 50-day at $8.68 or above that breakout level of $8.35 and then once it sustains a move or close above Tuesday's high of $9.20 with volume that hits near or above 87,460 shares. If we get that move soon, then CRTX will set up to re-test or possibly take out its next major overhead resistance levels at $10 to its 52-wek high at $10.37. Any high-volume move above those levels will then give CRTX a chance to tag $11 to $12.

Sunesis Pharmaceuticals

Sunesis Pharmaceuticals (SNSS) is a biopharmaceutical company engaged in the development and commercialization of new oncology therapeutics for the treatment of solid and hematologic cancers. This stock closed up 1.4% to $5.61 in Tuesday's trading session.

Tuesday's Range: $5.38-$5.62

52-Week Range: $2.30-$6.85

Tuesday's Volume: 614,000

Three-Month Average Volume: 345,849

>>5 Stocks Triggering Breakout Trades

From a technical perspective, SNSS trended modestly higher here right above its 50-day moving average of $5.35 with above-average volume. This move is quickly pushing shares of SNSS within range of triggering a major breakout trade. That trade will hit if SNSS manages to take out some near-term overhead resistance levels at $5.75 to $6.05 with high volume.

Traders should now look for long-biased trades in SNSS as long as it's trending above its 50-day at $5.35 and then once it sustains a move or close above those breakout levels with volume that hits near or above 345,849 shares. If that breakout triggers soon, then SNSS will set up to re-test or possibly take out its next major overhead resistance levels at $6.54 to its 52-week high at $6.85. Any high-volume move above those levels will then put $7 to $8 into range for shares of SNSS.

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.

RELATED LINKS:

>>3 Stocks With Unusual Volume to Watch
>>5 Earnings Stocks Everyone Hates -- but You Should Love

>>5 Dividend Stocks Ready to Pay You More

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.