Stock Quotes in this Article: ESEA, LLEN, MNI, GEVO

WINDERMERE, Fla. (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 $5 that are making large moves to the upside today.

L&L Energy

L&L Energy (LLEN) produces, processes and sells coal in the People’s Republic of China. This stock is trading up 3.7% to $2.35 in recent trading.

Today’s Range: $2.21-$2.44

52-Week Range: $1.30-$3.25

Volume: 550,000

Three-Month Average Volume: 130,060

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From a technical perspective, LLEN is bouncing higher here right off some near-term support at $2.20 with above-average volume. This move has also started to push LLEN into breakout territory, since the stock has taken out some near-term overhead resistance levels at $2.25 to $2.33. The next major breakout for LLEN will hit once it takes out some past overhead resistance at $2.60 with high volume.

Traders should now look for long-biased trades in LLEN as long as it’s trending above $2.20, and then once it sustains a move or close above $2.60 with volume that hits near or above 130,060 shares. If that breakout triggers soon, then look for LLEN to re-test or possibly take out its next major overhead resistance levels at $3.18 to $3.25.

Euroseas

Euroseas (ESEA), a provider of worldwide ocean-going transportation services, owns and operates drybulk carriers, containerships and multipurpose vessels. This stock is trading up 5.8% to $1.27 in recent trading.

Today’s Range: $1.21-$1.36

52-Week Range: $1.01-$3.30

Volume: 327,000

Three-Month Average Volume: 69,459

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From a technical perspective, ESEA is ripping higher here right off some near-term support at $1.20 with heavy upside volume. This move has briefly pushed ESEA into breakout territory, since the stock has challenged some near-term overhead resistance at $1.30 to $1.35.

Traders should now look for long-biased trades in ESEA as long as it’s trending above those breakout levels with strong upside volume flows. I would consider any upside volume day that registers near or above 69,459 shares as bullish. If ESEA can maintain that trend, then it has a chance to re-test or possibly take out its 200-day moving average of $1.70 in the near future.

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 8.9% to $2.69 in recent trading.

Today’s Range: $2.44-$2.75

52-Week Range: $1.05-$3.04

Volume: 330,000

Three-Month Average Volume: 280,462

From a technical perspective, MNI is ripping higher here right off some near-term support at $2.42 with above-average volume. This move is quickly pushing MNI within range of triggering a major breakout trade. That trade will hit once MNI manages to take out some key overhead resistance levels at $2.92 to $3.20 with high volume.

Traders should now look for long-biased trades in MNI once it sustains a move or close above those levels with volume that hits near or above 280,462 shares. If that breakout triggers soon, then look for MNI to re-test or possibly take out its next major overhead resistance levels at $4 to $4.50.

Gevo

Gevo (GEVO) is a renewable chemicals and advanced biofuels company focused on the development and commercialization of alternatives to petroleum-based products. This stock is trading up 4.7% to $1.99 in recent trading.

Today’s Range: $1.84-$2.02

52-Week Range: $1.77-$11.29

Volume: 176,000

Three-Month Average Volume: 563,800

From a technical perspective, GEVO is bouncing higher here right off some near-term support at $1.80 with light volume. This bounce is also coming off of oversold territory, since its current relative strength index is 33.18. Oversold can always get more oversold, but GEVO is now starting to move within range of triggering a near-term breakout trade.

Traders should look for long-biased trades in GEVO once it manages to break out above some near-term overhead resistance levels at $2.10 to $2.25 with high volume. Look for a sustained move or close above those levels with volume that hits near or above 563,800 shares. If that breakout triggers soon, then GEVO will setup to re-test or possibly take out its next major overhead resistance levels at $2.60 to $2.91. Any high-volume move above its 50-day at $2.91 will give GEVO a chance to hit $3.50 in the near future.

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 Winderemere, Fla.


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

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to Beconequity.com and maintains the website Maddmoney.net, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.