Stock Quotes in this Article: ANAD, GORO, HDY, TNP

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

Read More: Warren Buffett's Top 25 Stocks for 2014

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.

Gold Resource

Gold Resource (GORO) is engaged in the exploration for and production of gold and silver in Mexico. This stock closed up 5.1% to $5.31 in Thursday's trading session.

Thursday's Range: $4.85-$5.38

52-Week Range: $3.52-$9.43

Thursday's Volume: 5.17 million

Three-Month Average Volume: 724,325

From a technical perspective, GORO ripped sharply higher here right off its 200-day moving average of $4.71 with monster upside volume. This sharp spike higher on Thursday briefly pushed shares of GORO into breakout territory, since the stock flirted with some near-term overhead resistance at $5.31. Shares of GORO tagged an intraday high of $5.38, before closing just below that level at $5.31. Market players should now look for a continuation move to the upside in the near-term if GORO manages to take out Thursday's intraday high of $5.38 with strong volume.

Read More: 5 Large-Cap Stocks to Trade for Earnings Season Gains

Traders should now look for long-biased trades in GORO as long as it's trending above its 200-day moving average at $4.71 or above its 50-day moving average of $4.71 and then once it sustains a move or close above $5.38 with volume that hits near or above 724,325 shares. If that move starts soon, then GORO will set up to re-test or possibly take out its next major overhead resistance levels at $6.10 to $7.

Tsakos Energy Navigation

Tsakos Energy Navigation (TNP) provides international seaborne crude oil and petroleum product transportation services worldwide. This stock closed up 4.8% to $7.38 in Thursday's trading session.

Thursday's Range: $7.02-$7.42

52-Week Range: $4.52-$8.48

Thursday's Volume: 1.72 million

Three-Month Average Volume: 627,023

From a technical perspective, TNP ripped higher here right off its 50-day moving average of $7.07 with strong upside volume flows. This spike higher on Thursday pushed shares of TNP into breakout territory, since the stock took out some near-term overhead resistance at $7.23. Shares of TNP are now starting to move within range of triggering another big breakout trade. That trade will hit if TNP manages to take out Thursday's intraday high of $7.42 to some more key overhead resistance at $7.59 with high volume.

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Traders should now look for long-biased trades in TNP as long as it's trending above its 50-day at $7.07 or above more near-term support at $6.80 and then once it sustains a move or close above those breakout levels with volume that hits near or above 627,023 shares. If that breakout starts soon, then TNP will set up to re-fill some of its previous gap-down-day zone from April that started at $8.42.

Anadigics

Anadigics (ANAD) designs and manufactures radio frequency semiconductor solutions for cellular, WiFi, wireless infrastructure and cable television applications. This stock closed up 3.4% to 84 cents per share in Thursday's trading session.

Thursday's Range: $0.81-$0.84

52-Week Range: $0.79-$2.45

Thursday's Volume: 357,000

Three-Month Average Volume: 1.21 million

From a technical perspective, ANAD trended notably higher here right above some near-term support at 81 cents per share with lighter-than-average volume. This stock has formed a major bottoming chart pattern over the last month, with shares finding buying interest at right around 80 to 81 cents per share. Shares of ANAD are now starting to spike higher off those support levels and it's quickly moving within range of triggering a major breakout trade. That trade will hit if ANAD manages to take out some key near-term overhead resistance levels at 84 to 87 cents per share and then above 93 cents per share with high volume.

Read More: 4 Big Tech Stocks on Traders' Radars

Traders should now look for long-biased trades in ANAD as long as it's trending above those key near-term support levels at 81 cents to 79 cents per share and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.21 million shares. If that breakout gets set off soon, then ANAD will set up to re-fill some of its previous gap-down-day zone from June that started near $1.10.

Hyperdynamics

Hyperdynamics (HDY), an independent oil and gas exploration company, is engaged in the acquisition, exploration and development of oil and gas properties in the Republic of Guinea, Northwest Africa. This stock closed up 7.2% to $2.96 a share in Thursday's trading session.

Thursday's Range: $2.82-$3.04

52-Week Range: $1.13-$7.00

Thursday's Volume: 231,000

Three-Month Average Volume: 1.25 million

From a technical perspective, HDY ripped higher here right above some near-term support levels at $2.72 at $2.66 and back above its 50-day moving average of $2.87 with lighter-than-average volume. This decent uptick on Thursday is starting to push shares of HDY within range of triggering a big breakout trade. That trade will hit if HDY manages to take out Thursday's intraday high of $3.04 to some more near-term overhead resistance at $3.14 with high volume.

Traders should now look for long-biased trades in HDY as long as it's trending above some key near-term support levels at $2.72 to $2.66 or even $2.50 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.25 million shares. If that breakout triggers soon, then HDY will set up to re-test or possibly take out its next major overhead resistance levels at $3.45 to its 200-day moving average of $3.51. Any high-volume moves above those levels will then give HDY a chance to tag $4 to $4.50.

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.


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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.