Stock Quotes in this Article: COT, GGB, RAD, ROIAK

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

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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 today.

Radio One

Radio One (ROIAK) is a multimedia company that primarily targets African-American and urban consumers. This stock closed up 5.8% to $2.35 in Thursday's trading session.

Thursday's Range: $2.21-$2.40

52-Week Range: $0.68-$2.66

Thursday's Volume: 258,000

Three-Month Average Volume: 112,595

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From a technical perspective, ROIAK ripped higher here back above its 50-day moving average of $2.27 with above-average volume. This stock recently formed a triple bottom chart pattern at $2.10, $2.11 and $2.07. Following that bottom, shares of ROIAK have started bounce sharply higher and move within range of triggering a major breakout trade. That trade will hit if ROIAK can manage to take out some near-term overhead resistance levels at $2.46 to its 52-week high at $2.66 with high volume.

Traders should now look for long-biased trades in ROIAK as long as it's trending above some near-term support levels at $2.10 to $2.07 and then once it sustains a move or close above those breakout levels with volume that hits near or above 112,595 shares. If that breakout triggers soon, then ROIAK will set up to enter new 52-week-high territory above $2.66, which is bullish technical price action. Some possible upside targets off that breakout are $3 to $4.

Rite Aid

Rite Aid (RAD) operates a retail drugstore chain in the U.S. This stock closed up 4.3 % to $3.13 in Thursday's trading session.

Thursday's Range: $3.03-$3.16

52-Week Range: $0.95-$3.21

Thursday's Volume: 35 million

Three-Month Average Volume: 22.88 million

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From a technical perspective, RAD spiked sharply higher here right above its 50-day moving average at $2.92 and into breakout territory above resistance at $3.09 with monster upside volume. This stock has been uptrending strong for the last month and change, with shares soaring higher from its low of $2.62 to its intraday high of $3.16. During that move, shares of RAD have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of RAD within range of triggering a major breakout trade. That trade will hit if RAD manages to take out its 52-week high at $3.21 with high volume.

Traders should now look for long-biased trades in RAD as long as it's trending above its 50-day at $2.92 or above more key support levels at $2.83 to $2.67,and then once it sustains a move or close above its 52-week high at $3.21 with volume that hits near or above 22.88 million shares. If that breakout triggers soon, then RAD will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $4 to $5.

Cott

Cott (COT) is engaged in the production of beverages on behalf of retailers and distributors. This stock closed up 4.5% to $8.75 a share in Thursday's trading session.

Thursday's Range: $8.29-$8.84

52-Week Range: $7.24-$11.25

Thursday's Volume: 1.82 million

Three-Month Average Volume: 466,884

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From a technical perspective, COT jumped higher here right above its 50-day moving average of $8.14 with monster upside volume. This stock has been uptrending strong for the last month and change, with shares moving higher from its low of $7.39 to its intraday high of $8.84. During that move, shares of COT have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of COT within range of triggering a major breakout trade. That trade will hit if COT manages to take out some near-term overhead resistance levels at $8.84 to $9 with high volume.

Traders should now look for long-biased trades in COT as long as it's trending above its 50-day at $8.14 and then once it sustains a move or close above those breakout levels with volume that hits near or above 466,884 shares. If that breakout hits soon, then COT will set up to re-test or possibly take out its next major overhead resistance levels at $9.50 to 10.25. Any high-volume move above $10.25 will then give COT a chance to re-fill its previous gap-down zone from May that stared near $11.

Gerdau

Gerdau (GGB) produces long steel and flat steel items through the process of fabrication in electrical furnaces from scrap metal and purchased pig iron, as well as by manufacturing steel from iron ore in the blast furnace. This stock closed up 4.2% to $6.61 in Thursday's trading session.

Thursday's Range: $6.45-$6.66

52-Week Range: $5.27-$10.82

Thursday's Volume: 9.98 million

Three-Month Average Volume: 6.10 million

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From a technical perspective, GGB bounced sharply higher here right above some near-term support at $6.23 and above its 50-day moving average at $6.04 with monster upside volume. This stock has been uptrending strong for the last month and change, with shares pushing higher from its low of $5.27 to its intraday high of $6.66. During that uptrend, shares of GGB have been consistently making higher lows and higher highs, which is bullish technical price action. That move is now pushing shares of GGB within range of triggering a major breakout trade. That trade will hit if GGB manages to take out some near-term overhead resistance levels at $6.66 to $7.05 with high volume.

Traders should now look for long-biased trades in GGB as long as it's trending above some near-term support at $6.23 or above its 50-day at $6.04 and then once it sustains a move or close above those breakout levels with volume that hits near or above 6.10 million shares. If that breakout hits soon, then GGB will set up to re-test or possibly take out its next major overhead resistance levels at $7.88 to $8.28. Any high-volume move above those levels will then put its next major overhead resistance levels at $9 to $9.65 within range for shares of GGB.

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.

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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.