Stock Quotes in this Article: CHTP, EXK, HERO, SVM

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.

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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.

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Hercules Offshore

Hercules Offshore (HERO) is a provider of shallow-water drilling and marine services to the oil and natural gas exploration and production industry globally. This stock is trading up 1.6% to $7.38 in recent trading.

Today’s Range: $7.15-$7.56

52-Week Range: $2.91-$7.56

Volume: 2.46 million

Three-Month Average Volume: 3.15 million

From a technical perspective, HERO is bouncing higher here right above its 50-day moving average of $6.84 with decent upside volume. This move has started to push shares of HERO into breakout territory, since the stock has flirted with some near-term overhead resistance levels at $7.40 to $7.42. At last check, HERO has hit an intraday high of $7.56 and volume is just a bit below its three-month average action of 3.15 million shares.

Traders should now look for long-biased trades in HERO as long as it’s trending above its 50-day at $6.84, and then once it sustains a move or close above those breakout levels at $7.40 to $7.42 with volume that hits near or above 3.15 million shares. If HERO can sustain that move, then this stock will set up to enter new 52-week-high territory above its intraday high of $7.56, which is bullish technical price action. Some possible upside targets off that breakout are $9 to $10.

Endeavour Silver

Endeavour Silver (EXK) is a mid-tier silver mining company focused on the growth of its silver production, reserves and resources in Mexico. This stock is trading up 5% to $6.48 in recent trading.

Today’s Range: $6.22-$6.52

52-Week Range: $5.00-$10.73

Volume: 812,000

Three-Month Average Volume: 1.25 million

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From a technical perspective, EXK is trending higher here right above some near-term support at $6 with decent upside volume. This stock has been trending sideways inside of a consolidation chart pattern for the last few weeks, with shares moving between $6 on the downside and $6.59 on the upside. Shares of EXK are now quickly moving within range of triggering a breakout trade above the upper-end of its recent sideways chart pattern. That trade will hit if EXK manages to clear some near-term overhead resistance levels at $6.45 to $6.59 with high volume.

Traders should now look for long-biased trades in EXK as long as it’s trending above some key near-term support at $6, 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 EXK will set up to re-test or possibly take out its next major overhead resistance levels at $7 to $7.45. Any high-volume move above $7.45 will then put $8 to its 200-day moving average of $8.18 into range for shares of EXK.

Chelsea Therapeutics International

Chelsea Therapeutics International (CHTP) is a specialty pharmaceutical company focused on the acquisition, development and commercialization of innovative pharmaceutical products. This stock is trading up 6.5% to $1.94 in recent trading.

Today’s Range: $1.80-$2.00

52-Week Range: $0.70-$4.21

Volume: 877,000

Three-Month Average Volume: 1.47 million

From a technical perspective, CHTP is trending higher here right off some near-term support at $1.80 with lighter-than-average volume. This move is quickly pushing shares of CHTP within range of triggering a near-term breakout trade. That trade will hit if CHTP manages to take out some near-term overhead resistance levels at $2.01 to $2.10 with high volume.

Traders should now look for long-biased trades in CHTP as long as it’s trending above $1.80, and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.47 million shares. If that breakout triggers soon, then CHTP will set up to re-test or possibly take out its next major overhead resistance levels at $2.31 to $2.50. Any high volume move above $2.50 will then put $3 into range for shares of CHTP.

Silvercorp Metals

Silvercorp Metals (SVM) is engaged in the acquisition, exploration, development and mining of high-grade silver-related mineral properties in China and Canada. Silvercorp is the largest primary silver producer in China. This stock is trading up 4.9% to $4.04 in recent trading.

Today’s Range: $3.87-$4.06

52-Week Range: $3.37-$7.20

Volume: 1.11 million

Three-Month Average Volume: 1.46 million

From a technical perspective, SVM is ripping higher here right off some near-term support at $3.75 with decent upside volume. This stock has been downtrending badly for the last five months, with shares dropping from its high of $6.25 to its recent low of $3.37. During that move, shares of SVM have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of SVM have started to rebound off that $3.37 low and it’s now quickly moving within range of triggering a near-term breakout trade. That trade will hit if SVM manages to take out its 50-day moving average at $4.13 and then once it clears more resistance at $4.16 with high volume.

Traders should now look for long-biased trades in SVM as long as it’s trending above today’s low of $3.87, and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.46 million shares. If that breakout hits soon, then SVM will set up to re-test or possibly take out its next major overhead resistance levels at $4.48 to $4.56. Any high-volume move above those levels will then put $4.95 to its 200-day moving average of $5.30 into range for shares of SVM.

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.