Stock Quotes in this Article: CSUN, DRWI, MOBI, SPCB

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.

China Sunergy

China Sunergy (CSUN) company is engaged in the design, development, manufacturing and marketing of solar cells in the People's Republic of China and overseas markets. This stock closed up 17.5% to $7.09 in Thursday's trading session.

Thursday's Range: $6.01-$7.09

52-Week Range: $1.25-$10.19

Thursday's Volume: 1.07 million

Three-Month Average Volume: 1.03 million

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From a technical perspective, CSUN skyrocketed higher here right off some near-term support at $6 and back above its 50-day moving average of $6.70 with above-average volume. This stock recently formed a double bottom chart pattern, after buyers came in to support the stock at $5 to $5.05. Following that bottom, shares of CSUN have exploded higher and pushed back above its 50-day moving average. That move is quickly pushing shares of CSUN within range of triggering a big breakout trade. That trade will hit if CSUN manages to take out Thursday's high of $7.09 and then once it clears more near-term overhead resistance at $7.62 with high volume.

Traders should now look for long-biased trades in CSUN as long as it's trending above Thursday's low of $6.01 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.03 million shares. If we get that move soon, then CSUN will set up to re-test or possibly take out its next major overhead resistance levels at $8.50 to its 52-week high at $10.19.

DragonWave

DragonWave (DRWI) provides high-capacity packet microwave solutions that drive IP networks worldwide. This stock closed up 2.9% to $1.42 in Thursday's trading session.

Thursday's Range: $1.38-$1.44

52-Week Range: $1.08-$3.74

Thursday's Volume: 415,000

Three-Month Average Volume: 704,758

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From a technical perspective, DRWI bounced notably higher here right above some near-term support at $1.32 and above its 50-day moving average at $1.31 with lighter-than-average volume. This stock has been uptrending over the last month and change, with shares moving higher from its low of $1.08 to its recent high of $1.53. During that uptrend, shares of DRWI have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of DRWI within range of triggering a near-term breakout trade. That trade will hit if DRWI manages to take out Thursday's high of $1.44 to some more near-term overhead resistance at $1.53 with high volume.

Traders should now look for long-biased trades in DRWI as long as it's trending above some key near-term support levels at $1.32 or at $1.27 and then once it sustains a move or close above those breakout levels with volume that hits near or above 704,758 shares. If that breakout hits soon, then DRWI will set up to re-test or possibly take out its next major overhead resistance levels at $1.86 to its 200-day moving average at $2.15.

SuperCom

SuperCom (SPCB) provides electronic monitoring, identification and security products and solutions to governments and private and public organizations in Europe, the U.S. and Israel.This stock closed up 4.9% to $4.85 in Thursday's trading session.

Thursday's Range: $4.63-$5.07

52-Week Range: $0.21-$6.12

Thursday's Volume: 1.08 million

Three-Month Average Volume: 105,761

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From a technical perspective, SPCB spiked sharply higher here right above its 50-day moving average of $4.44 with monster upside volume. This move briefly pushed shares of SPCB into breakout territory, after the stock flirted with some near-term overhead resistance at $4.94. Shares of SPCB hit an intraday high of $5.07 before finishing the day at $4.85. This stock has been experiencing large upside volume days over the last few weeks as shares have trended back above its 50-day moving average.

Traders should now look for long-biased trades in SPCB as long as it's trending above its 50-day at $4.44 or above more support at $4.25 and then once it sustains a move or close above Thursday's high of $5.07 to some past overhead resistance at $5.33 with volume that hits near or above 105,761 shares. If we get that move soon, then SPCB will set up to re-test or possibly take out its next major overhead resistance level at its 52-week high of $6.12.

Sky-mobi

Sky-mobi (MOBI) operates mobile application store in China. This stock closed up 4.5% to $3.89 in Thursday's trading session.

Thursday's Range: $3.70-$3.95

52-Week Range: $1.54-$5.87

Thursday's Volume: 418,000

Three-Month Average Volume: 228,336

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From a technical perspective, MOBI bounced notably higher here right off its 50-day moving average of $3.69 with above-average volume. This stock has been uptrending for the last month and change, with shares moving higher from its low of $3.01 to its intraday high of $3.95. During that uptrend, shares of MOBI have been mostly making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of MOBI within range of triggering a near-term breakout trade. That trade will hit if MOBI manages to take out Thursday's high of $3.95 to some more near-term overhead resistance at $4.20 with high volume.

Traders should now look for long-biased trades in MOBI as long as it's trending above its 200-day at $3.33 and then once it sustains a move or close above those breakout levels with volume that hits near or above 228,336 shares. If that breakout hits soon, then MOBI will set up to re-test or possibly take out its next major overhead resistance levels at $4.50 to $5.25. Any high-volume move above those levels will then give MOBI a chance to tag its 52-week high at $5.87.

To see more stocks that are making notable moves higher, 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.