Stock Quotes in this Article: KTOS, ONP, OSUR, PKD

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

>>5 Big Stocks to Trade for Big Gains

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.

>>5 Stocks With Big Insider Buying

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.

Parker Drilling

Parker Drilling (PKD) provides contract drilling and drilling-related services and operates in approximately 12 countries. This stock closed up 2.2% to $6.49 in Thursday's trading session.

Thursday's Range: $6.33-$6.53

52-Week Range: $3.61-$6.56

Thursday's Volume: 647,000

Three-Month Average Volume: 731,186

From a technical perspective, PKD trended modestly higher here right off some near-term support at $6.25 with lighter-than-average volume. This stock has been uptrending a bit for the last few weeks, with shares moving higher from its low of $5.68 to its recent high of $6.56. During that move, shares of PKD have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of PKD within range of triggering a near-term breakout trade. That trade will hit if PKD manages to take out Thursday's high of $6.53 and its 52-week high of $6.56 with high volume.

Traders should now look for long-biased trades in PKD as long as it's trending above support at $6.25 or its 50-day at $5.96 and then once it sustains a move or close above those breakout levels with volume that hits near or above 731,186 shares. If that breakout hits soon, then PKD will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are its next major overhead resistance levels at $7.25 to $7.60.

OraSure Technologies

OraSure Technologies (OSUR) develops, manufactures, markets and sells oral fluid diagnostic products and specimen collection devices using its proprietary oral fluid technologies. This stock closed up 1.2% to $6.55 in Thursday's trading session.

Thursday's Range: $6.31-$6.67

52-Week Range: $3.75-$9.71

Thursday's Volume: 555,000

Three-Month Average Volume: 517,288

From a technical perspective, OSUR spiked modestly higher here and broke out above some past overhead resistance at $6.46 with above-average volume. This stock has been uptrending strong for the last three months and change, with shares moving higher from its low of $3.75 to its intraday high of $6.67. During that uptrend, shares of OSUR have been making mostly higher lows and higher highs, which is bullish technical price action.

Traders should now look for long-biased trades in OSUR as long as it's trending above support at $6.25 or at $5.75 and then once it sustains a move or close above Thursday's high of $6.67 with volume that hits near or above 517,288 shares. If we get that move soon, then OSUR will set up to re-test or possibly take out its next major overhead resistance levels at $8 to $9.

Orient Paper

Orient Paper (ONP) is engaged in production and distribution of products such as printing paper, uncoated and coated paper, corrugated paper, plastic paper, graphic design paper and other paper and packaging related products. This stock closed up 2% to $2.01 in Thursday's trading session.

Thursday's Range: $1.89-$2.06

52-Week Range: $1.43-$3.19

Thursday's Volume: 257,000

Three-Month Average Volume: 59,439

From a technical perspective, ONP jumped slightly higher here off $1.90 with above-average volume. This move is quickly pushing shares of ONP within range of triggering a near-term breakout trade. That trade will hit if ONP manages to take out some near-term overhead resistance levels at $2.08 to $2.20 with high volume.

Traders should now look for long-biased trades in ONP as long as it's trending above Thursday's low of $1.90 or above its 200-day at $1.83 and then once it sustains a move or close above those breakout levels with volume that hits near or above 59,439 shares. If that breakout triggers soon, then ONP will set up to re-test or possibly take out its next major overhead resistance levels at $2.37 to its 52-week high at $3.19.

Kratos Defense & Security Solutions

Kratos Defense & Security Solutions (KTOS) is a specialized national security technology business providing mission critical products, services and solutions for U.S. national security priorities. This stock closed up 3.8% to $8.60 in Thursday's trading session.

Thursday's Range: $8.25-$8.64

52-Week Range: $4.08-$9.16

Thursday's Volume: 464,000

Three-Month Average Volume: 532,451

From a technical perspective, KTOS spiked higher here right above its 50-day moving average of $8.14 with decent upside volume. This move is quickly pushing shares of KTOS within range of triggering a major breakout trade. That trade will hit if KTOS manages to take out Thursday's high of $8.64 to $8.86, and then once it clears its 52-week high at $9.16 with high volume.

Traders should now look for long-biased trades in KTOS as long as it's trending above its 50-day at $8.14 or above more near-term support at $7.95 and then once it sustains a move or close above those breakout levels with volume that hits near or above 532,451 shares. If that breakout hits soon, then KTOS will set up to enter new 52-week-high territory above $9.16, which is bullish technical price action. Some possible upside targets off that breakout are $10 to $11, or even $12.

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.