Stock Quotes in this Article: MCP, MNI, RMTI, GRPN

MADISON, Wis. (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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Rockwell Medical

Rockwell Medical (RMTI) is a biopharmaceutical company targeting end-stage renal disease and chronic kidney disease with innovative products and services for the treatment of iron deficiency, secondary hyperparathyroidism and hemodialysis. This stock is trading up 6.3% to $3.75 in recent trading.

Today's Range: $3.57-$3.75

52-Week Range: $3.16-$10.70

Volume: 577,000

Three-Month Average Volume: 498,610

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From a technical perspective, RMTI is trending higher here with above-average volume. This recently formed a double bottom chart pattern at $3.16 to $3.25, and shares are now rebounding higher off its recent $3.25 low. That move is quickly pushing shares of RMTI within range of triggering a near-term breakout trade. That trade will hit if RMTI manages to clear its 50-day moving average of $3.86 and then once it takes out more resistance levels at $4.20 to $4.22 with high volume.

Traders should now look for long-biased trades in RMTI as long as it's trending above today's low of $3.57 and then once it sustains a move or close above those breakout levels with volume that hits near or above 498,610 shares. If that breakout triggers soon, then RMTI will set up to re-test or possibly take out its next major overhead resistance levels at $4.50 to $5. Any high-volume move above $5 to $5.20 would then put $5.50 to $6 into range for shares of RMTI.

Groupon

Groupon (GRPN) provides a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount. Groupon features a daily deal on the best stuff to do, see, eat, and buy. This stock is trading up 3.8% to $7.25 in recent trading.

Today's Range: $7.00-$7.30

52-Week Range: $2.60-$12.43

Volume: 17.44 million

Three-Month Average Volume: 19.17 million

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From a technical perspective, GRPN is bouncing higher here right above some near-term support at $6.88 with decent upside volume. This stock has been uptrending strong for the last few weeks, with shares moving higher from its low of $5.37 to its recent high of $7.38. During that move, shares of GRPN have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of GRPN within range of triggering a near-term breakout trade. That trade will hit if GRPN manages to take out some near-term overhead resistance at $7.38 with high volume.

Traders should now look for long-biased trades in GRPN as long as it's trending above some key near-term support at $6.88 and then once it sustains a move or close above $7.38 with volume that hits near or above 19.17 million shares. If that breakout triggers soon, then GRPN will set up to re-fill some of its previous gap down zone from last August that started at $8. Any high-volume move above $8 would then put $9 to $10 into range for shares of GRPN.

McClatchy

McClatchy (MNI) is a news, advertising and information provider, offering an array of print and digital products in each of the markets it serves. This stock is trading up 4.5% to $2.64 in recent trading.

Today's Range: $2.55-$2.64

52-Week Range: $1.50-$3.46

Volume: 75,000

Three-Month Average Volume: 330,974

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From a technical perspective, MNI is bouncing higher here right off some near-term support at $2.50 with lighter-than-average volume. This move has started to push shares of MNI back above both its 50-day and 200-day moving averages at $2.63. Shares of MNI are now starting to approach a near-term breakout trade. That trade will hit if MNI manages to take out some near-term overhead resistance at $2.74 with high volume.

Traders should now look for long-biased trades in MNI as long as it's trending above some key near-term support levels at $2.50 or above its 200-day and 50-day at $2.63 and then once it sustains a move or close above $2.74 with volume that hits near or above 330,974 shares. If that breakout triggers soon, then MNI will set up to re-test or possibly take out its next major overhead resistance levels at $3.25 to $3.46.

Molycorp

Molycorp (MCP), a rare earth company, is trading up 3% to $7.44 in recent trading.

Today's Range: $7.27-$7.90

52-Week Range: $4.70-$23.29

Volume: 14.57 million

Three-Month Average Volume: 8.46 million

From a technical perspective, MCP is ripping higher here with monster upside volume. This move is quickly pushing shares of MCP within range of triggering a near-term breakout trade. That trade will hit if MCP manages to take out some near-term overhead resistance levels at $7.92 to 8.25 with high volume.

Traders should now look for long-biased trades in MCP as long as it's trending above today's low of $7.22 or above $7 and then once it sustains a move or close above those breakout levels with volume that hits near or above 8.46 million shares. If that breakout hits soon, then MCP will set up to re-test or possibly take out its next major overhead resistance levels at its 200-day moving average of $8.65 to $9.25. Any high-volume move above $9.25 will then give MCP a chance to re-fill some of its previous gap down zone from January that started at $11.

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 Madison, Wis.

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At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Madison, 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.