Stock Quotes in this Article: ANV, CIMT, VRML, RENN

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.

Cimatron

Cimatron (CIMT) designs, develops, manufactures, markets and supports a family of modular, high-performance, CAD/CAM software products. This stock closed up 4.1% to $7.25 in Tuesday's trading session.

Tuesday's Range: $6.90-$7.29

52-Week Range: $3.76-$12.88

Tuesday's Volume: 235,000

Three-Month Average Volume: 250,980

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From a technical perspective, CIMT ripped higher here right above its 200-day moving average of $6.77 with decent upside volume. This stock has been uptrending strong for the last two months, with shares moving higher from its low of $5.65 to its recent high of $7.36. During that uptrend, shares of CIMT have been mostly making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of CIMT within range of triggering a big breakout trade. That trade will hit if CIMT manages to take out some key overhead resistance levels at $7.36 to $7.59 with high volume.

Traders should now look for long-biased trades in CIMT as long as it's trending above its 200-day at $6.77 or its 50-day at $6.20 and then once it sustains a move or close above those breakout levels with volume that hits near or above 250,980 shares. If that breakout hits soon, then CIMT will set up to re-test or possibly take out its next major overhead resistance level at $8.70 to $9. Any high-volume move above those levels will then give CIMT a chance to tag $10.

Renren

Renren (RENN) is engaged in the operation of social networking Internet platform, as well as provision of online advertising services and internet value-added services, including online gaming operations, online talent show and other IVAS, among others. This stock closed up 1.5% to $3.94 in Tuesday's trading session.

Tuesday's Range: $3.93-$4.15

52-Week Range: $2.52-$4.63

Tuesday's Volume: 7.62 million

Three-Month Average Volume: 4.13 million

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From a technical perspective, RENN spiked higher here right above some near-term support at $3.80 with heavy upside volume. This move is quickly pushing shares of RENN within range of triggering a near-term breakout trade. That trade will hit if RENN manages to take out Tuesday's highs of $4.15, and then once it clears some near-term overhead resistance at $4.21 with high volume.

Traders should now look for long-biased trades in RENN as long as it's trending above its 50-day at $3.59 and then once it sustains a move or close above those breakout levels with volume that's near or above 4.13 million shares. If that breakout hits soon, then RENN will set up to re-test or possibly take out its next major overhead resistance levels at its 52-week high at $4.63 to $5. Any high-volume move above $5 will then give RENN a chance to tag $6.

Allied Nevada Gold

Allied Nevada Gold (ANV), a gold mining company, operates the Hycroft Mine and has prospective exploration claims in the State of Nevada. This stock closed up 5.8% to $4.34 in Tuesday's trading session.

Tuesday's Range: $4.11-$4.38

52-Week Range: $3.54-$39.23

Tuesday's Volume: 4.66 million

Three-Month Average Volume: 5.78 million

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From a technical perspective, ANV ripped higher here right above some near-term support at $3.99 with lighter-than-average volume. This stock has been tending sideways and consolidating for the last two months and change, with shares moving between $3.54 on the downside and $5.32 on the upside. This spike higher on Tuesday is now quickly pushing shares of ANV within range of triggering a big breakout trade above the upper-end of its recent range. That breakout will hit if ANV manages to clear some near-term overhead resistance levels at $4.39 to $5.09, and then once it takes out more resistance at $5.24 to $5.32 with high volume.

Traders should now look for long-biased trades in ANV as long as it's trending above some near-term support at $3.99 or at $3.74 and then once it sustains a move or close above those breakout levels with volume that hits near or above 5.78 million shares. If that breakout hits soon, then ANV will set up to re-test or possibly take out its next major overhead resistance levels at $6.50 to $7.50. Any high-volume move above $7.50 will then give ANV a chance to tag $8 to $8.50.

Vermillion

Vermillion (VRML) discovers, develops and commercializes diagnostic tests that help physicians diagnose, treat and improve outcomes for patients. This stock closed up 5.5% to $2.95 in Tuesday's trading session.

Tuesday's Range: $2.82-$3.09

52-Week Range: $1.03-$4.07

Tuesday's Volume: 242,000

Three-Month Average Volume: 50,789

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From a technical perspective, VRML ripped higher here and broke out above some near-term overhead resistance levels at $2.90 to $2.91 with above-average volume. This move is quickly pushing shares of VRML within range of triggering another big breakout trade. That trade will hit if VRML manages to clear Tuesday's high of $3.08, and then once it takes out some past overhead resistance levels $3.24 to $3.40 with high volume.

Traders should now look for long-biased trades in VRML as long as it's trending above Tuesday's low of $2.82 or above $2.70 and then once it sustains a move or close above those breakout levels with volume that hits near or above 50,789 shares. If that breakout hits soon, then VRML will set up to re-test or possibly take out its 52-week high at $4.07 to its next major resistance level at $4.50.

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.