Stock Quotes in this Article: CHTP, PRMW, ACCO, ONVO

 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.

Primo Water

Primo Water (PRMW) is a provider of multi-gallon purified bottled water, self-serve filtered drinking water, water dispensers and carbonating beverage appliances sold through major retailers in the U.S. and Canada. This stock closed up 9.6% to $2.16 in Thursday's trading session.

Thursday's Range: $1.97-$2.20

52-Week Range: $0.69-$2.20

Thursday's Volume: 329,000

Three-Month Average Volume: 145,397

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From a technical perspective, PRMW ripped higher here right above some near-term support at $1.85 with heavy upside volume. This stock broke out above some near-term overhead resistance at $2.14 and into new 52-week-high territory, which is bullish technical price action.

Traders should now look for long-biased trades in PRMW as long as it's trending Thursday's low of $1.97 and then once it sustains a move or close above its new 52-week high at $2.20 and above some past resistance at $2.28 with volume that hits near or above 145,397 shares. If we get that move soon, then PRMW will set up to enter new 52-week-high territory, which is bullish price action. Some possible upside targets off that move are its next major overhead resistance levels at $3 to $3.11.

Chelsea Therapeutics

Chelsea Therapeutics (CHTP)
is a specialty pharmaceutical company focused on acquisition, development and commercialization of pharmaceutical products for the treatment of a variety of human diseases. This stock closed up 9% to $2.89 in Thursday's trading session.

Thursday's Range: $2.55-$2.98

52-Week Range: $0.73-$3.25

Thursday's Volume: 1.74 million

Three-Month Average Volume: 1.14 million

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From a technical perspective, CHTP ripped sharply higher here right off its 50-day moving average of $2.55 with above-average volume. This stock has been uptrending strong for the last two months, with shares moving higher from its low of $1.78 t its recent high of $3.25. During that move, shares of CHTP have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of CHTP within range of triggering a major breakout trade. That trade will hit if CHTP manages to take out some near-term overhead resistance levels at $3 to its 52-week high at $3.25 with high volume.

Traders should now look for long-biased trades in CHTP as long as it's trending above its 50-day at $2.55 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.14 million shares. If that breakout triggers soon, then CHTP will set up to enter new 52-week-high territory above $3.25, which is bullish technical price action. Some possible upside targets off that breakout are its next major overhead resistance levels at $4.21 to $4.40.

Organovo

Organovo (ONVO) is a three-dimensional biology company focused on delivering breakthrough bioprinting technology and creating tissue on demand for research and medical applications. This stock closed up 8.5% to $5.21 in Thursday's trading session.

52-Week Range: $1.78-$8.50

Thursday's Volume: 2.88 million

Three-Month Average Volume: 1.78 million

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From a technical perspective, ONVO ripped higher here back above its 50-day moving average of $4.88 with heavy upside volume. This stock has been downtrending badly for the last month, with shares plunging lower from its high of $8.50 to its recent low of $4.43. During that downtrend, shares of ONVO have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of ONVO might be ready to see its downside volatility stop and reverse its downtrend and enter a new uptrend. The probability for that reverse in trend is supported by the high volume on Thursday.

Traders should now look for long-biased trades in ONVO as long as it's trending above its recent low at $4.33 and then once it sustains a move or close above $5.21 to $5.64 with volume that hits near or above 1.78 shares. If we get that move soon, then ONVO will set up to re-test or possibly take out its next major overhead resistance levels at $6.65 to $7.50.

Acco Brands

Acco Brands (ACCO) designs, develops, manufactures and markets traditional and computer-related office products, school supplies and paper-based time management products. This stock closed up 4.1% to $7.05 in Thursday's trading session.

Thursday's Range: $6.73-$7.07

52-Week Range: $5.80-$9.16

Thursday's Volume: 571,000

Three-Month Average Volume: 747,866

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From a technical perspective, ACCO ripped higher here right off its 50-day moving average of $6.82 with lighter-than-average volume. This move is quickly pushing shares of ACCO within range of triggering a major breakout trade. That trade will hit if ACCO manages to clear some key overhead resistance levels at $7.44 to 7.63 and then once it clears more resistance at $8.06 with high volume.

Traders should now look for long-biased trades in ACCO as long as it's trending above its 50-day at $6.82 or above more near-term support at $6.56 and then once it sustains a move or close above those breakout levels with volume that hits near or above 747,866 shares. If that breakout hits soon, then ACCO will set up to re-test or possibly take out its next major overhead resistance levels at $9 to its 52-week high at $9.16. Any high-volume move above those levels will then give ACCO a chance to tag its next major overhead resistance levels at $10 to $10.94.

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.