Stock Quotes in this Article: AXU, PMFG, ZNGA, GNE

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.

>>5 Big Stocks to Trade for Gains This Summer

With that in mind, let's take a closer look at a several stocks under $10 that are making large moves to the upside.

Genie Energy

Genie Energy (GNE), through its subsidiary, supplies electricity and natural gas to residential and small business customers primarily in the Eastern U.S. This stock closed up 4.2% to $7.42 in Thursday's trading session.

Thursday's Range: $7.15-$7.65

52-Week Range: $6.76-$17.80

Thursday's Volume: 63,000

Three-Month Average Volume: 110,995

From a technical perspective, GNE spiked higher here right above some near-term support at $7.01 with lighter-than-average volume. This spike took place right above a double bottom support zone for GNE at $7 to $7.01, and this stock took out its 50-day moving average of $7.41. This move is quickly pushing shares of GNE within range of triggering a big breakout trade. That trade will hit if GNE manages to take out Thursday's intraday high of $7.65 to some more key overhead resistance at $8.05 with high volume.

Traders should now look for long-biased trades in GNE as long as it's trending above those double bottom support zones and then once it sustains a move or close above those breakout levels with volume that hits near or above 110,995 shares. If that breakout hits soon, then GNE will set up to re-test or possibly take out its next major overhead resistance levels at $9 to its 200-day moving average at $9.67.

Zynga

Zynga (ZNGA) develops, markets and operates online social games as live services played on the Internet, social networking sites and mobile platforms in the U.S. and internationally. This stock closed up 1.9% to $3.08 in Thursday's trading session.

Thursday's Range: $3.01-$3.14

52-Week Range: $2.72-$5.89

Thursday's Volume: 30.30 million

Three-Month Average Volume: 25.79 million

From a technical perspective, ZNGA trended modestly higher here right above some near-term support around $3 with above-average volume. This stock has been trending sideways and consolidating for the last month and change, with shares moving between $2.96 on the downside and $3.29 on the upside. Shares of ZNGA are now starting to spike higher off those support levels and it's quickly moving within range of triggering a big breakout trade above the upper end of its recent sideways trading chart pattern. That breakout will hit if ZNGA manages to take out its 50-day at $3.24 and then once it clears more key overhead resistance levels at $3.27 to $3.29 with high volume.

Traders should now look for long-biased trades in ZNGA as long as it's trending above that recent low of $2.96 and then once it sustains a move or close above those breakout levels with volume that hits near or above 25.79 million shares. If that breakout triggers soon, then ZNGA will set up to re-test or possibly take out its next major overhead resistance levels at $3.50 to $3.80, or even its 200-day moving average of $3.97.

Alexco Resource

Alexco Resource (AXU) is engaged in mining, exploring and developing mineral properties in Canada. It explores for silver, lead, gold and zinc. This stock closed up 5.6% to $1.30 in Thursday's trading session.

Thursday's Range: $1.22-$1.31

52-Week Range: $0.91-$2.43

Thursday's Volume: 164,000

Three-Month Average Volume: 558,414

From a technical perspective, AXU bounced sharply higher here right off its 50-day moving average of $1.21 with lighter-than-average volume. This sharp bounce higher on Thursday is quickly pushing shares of AXU within range of triggering a major breakout trade. That trade will hit if AXU manages to take out Thursday's intraday high of $1.31 and then once it clears some more key overhead resistance levels at $1.40 to its 200-day at $1.44 with high volume.

Traders should now look for long-biased trades in AXU as long as it's trending above its 50-day at $1.21 or above some more key near-term support at $1.18 and then once it sustains a move or close above those breakout levels with volume that hits near or above 558,414 shares. If that breakout kicks off soon, then AXU will set up to re-test or possibly take out its next major overhead resistance levels at $1.62 to $1.80, or even $2.

PMFG

PMFG (PMFG) provides custom-engineered systems and products primarily for the natural gas infrastructure, power generation and oil refining and petrochemical processing markets worldwide. This stock closed up 2.8% to $5.51 in Thursday's trading session.

Thursday's Range: $5.28-$5.59

52-Week Range: $4.11-$9.23

Thursday's Volume: 141,000

Three-Month Average Volume: 212,498

From a technical perspective, PMFG bounced higher here right above its 50-day moving average of $5.05 with lighter-than-average volume. This counter-trend higher on Thursday versus the market weakness is quickly pushing shares of PMFG within range of triggering a near-term breakout trade. That trade will hit if PMFG manages to take out some key overhead resistance levels at $5.80 to $5.89 with high volume.

Traders should now look for long-biased trades in PMFG as long as it's trending above its 50-day at $5.05 and then once it sustains a move or close above those breakout levels with volume that hits near or above 212,498 shares. If that breakout hits soon, then PMFG will set up to re-test or possibly take out its next major overhead resistance levels at $6.18 to its 200-day moving average of $6.63, or even $7.

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.