Stock Quotes in this Article: ARRY, AVEO, NSPH, ROSG

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

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.

>>5 Hated Earnings Stocks That Deserve Your Love

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.

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.

>>5 Stocks Poised for Breakouts

Array BioPharma

Array BioPharma (ARRY) is a biopharmaceutical company focused on the discovery, development and commercialization of targeted small molecule drugs to treat patients afflicted with cancer and inflammatory diseases. This stock is trading up 2.2% to $4.98 in recent trading.

Today’s Range: $4.87-$5.01

52-Week Range: $3.00-$6.17

Volume: 683,000

Three-Month Average Volume: 800,159

From a technical perspective, ARRY is trending modestly higher here right above some near-term support at $4.74 with decent upside volume. This move is quickly pushing shares of ARRY within range of triggering a near-term breakout trade. That trade will hit if ARRY manages to clear some near-term overhead resistance at $5 with high volume.

Traders should now look for long-biased trades in ARRY as long as it’s trending above some key near-term support at $4.74 or at $4.50 and then once it sustains a move or close above $5 with volume that hits near or above 800,159 shares. If that breakout triggers soon, then ARRY will set up to re-test or possibly take out its next major overhead resistance levels at $5.50 to $6.

Nanosphere

Nanosphere (NSPH) develops, manufactures and markets an advanced molecular diagnostics platform, the Verigene System, which enables simple, low-cost and highly sensitive genomic and protein testing on a single platform. This stock is trading up 4.9% to $2.25 in recent trading.

Today’s Range: $2.13-$2.27

52-Week Range: $1.51-$3.89

Volume: 216,000

Three-Month Average Volume: 550,882

From a technical perspective, NSPH are spiking higher here right above some near-term support at $2.02 with lighter-than-average volume. This move is quickly pushing NSPH within range of triggering a near-term breakout trade. That trade will hit if NSPH manages to take out its 50-day at $2.38 and then once it clears more overhead resistance at $2.42 with high volume.

Traders should now look for long-biased trades in NSPH as long as it’s trending above today’s low of $2.14 or above more support at $2.02 and then once it sustains a move or close above those breakout levels with volume that hits near or above 550,882 shares. If that breakout triggers soon, then NSPH will set up to re-test or possibly take out its 200-day moving average at $2.82 or its next major resistance levels at $3 to $3.25.

Rosetta Genomics

Rosetta Genomics (ROSG) develops diagnostic tests and therapeutic tools, with a product portfolio comprised of tests such as miRview squamous, miRview meso and miRview kidney. This stock is trading up 2.2% to $4.52 in recent trading.

Today’s Range: $4.41-$4.65

52-Week Range: $1.40-$23.43

Volume: 164,000

Three-Month Average Volume: 426,965

From a technical perspective, ROSG is spiking higher here right above some near-term support at $4.21 with lighter-than-average volume. This stock has temporarily put in a double bottom chart pattern over the last three months at $4.16 to $4.21. Shares of ROSG are now starting to move within range of triggering a near-term breakout trade. That trade will hit if ROSG manages to clear some near-term overhead resistance levels at $4.70 to $4.94 with high volume.

Traders should now look for long-biased trades in ROSG as long as it’s trending above its 50-day at $4.58, and then once it sustains a move or close above those breakout levels with volume that hits near or above 426,965 million shares. If that breakout hits soon, then ROSG will set up to re-test or possibly take out its next major overhead resistance levels at $5.48 to $6.

Aveo Pharmaceuticals

Aveo Pharmaceuticals (AVEO) is a biopharmaceutical company. It is involved in discovering, developing and commercializing novel cancer therapeutics. This stock is trading up 3.5% to $7.51 in recent trading.

Today’s Range: $7.20-$7.67

52-Week Range: $5.80-$14.08

Volume: 492,000

Three-Month Average Volume: 739,488

Shares of AVEO are trending higher here after JMP Securities initiated the stock with a market perform rating.

From a technical perspective, AVEO is bouncing higher here right off its 50-day moving average of $7.33 with decent upside volume. This move is quickly pushing shares of AVEO within range of triggering a near-term breakout trade. That trade will hit if AVEO manages to clear some near-term overhead resistance levels at $7.80 to $7.91 and then above more resistance at $8.24 with high volume.

Traders should now look for long-biased trades in AVEO as long as it’s trending above its 50-day at $7.33 or above today’s low of $7.25 and then once it sustains a move or close above those breakout levels with volume that hits near or above 739,488 shares. If that breakout triggers soon, then AVEO will set up to re-test or possibly take out its 200-day moving average at $8.86. Any high-volume move above $8.86 to $8.94 will then put $9 to $10 into range for shares of AVEO.

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.