Stock Quotes in this Article: CHGS, GTN, NVTL, GURE, CCCR

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

>>5 Stocks Set to Soar on Bullish Earnings

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 Breakout Potential

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.

Gulf Resources

Gulf Resources (GURE) manufactures and trades bromine and crude salt, and manufactures and sells chemical products used in oil and gas field exploration. This stock closed up 5.2% to $1.80 in Tuesday's trading session.

Tuesday's Range: $1.70-$1.87

52-Week Range: $0.88-$2.06

Tuesday's Volume: 254,000

Three-Month Average Volume: 181,642

From a technical perspective, GURE ripped sharply higher here right off its 50-day moving average of $1.70 with above-average volume. This move is quickly pushing shares of GURE within range of triggering a major breakout trade. That trade will hit if GURE manages to take out some near-term overhead resistance levels at $1.90 to its 52-week high at $2.06 with high volume.

Traders should now look for long-biased trades in GURE as long as it's trending above its 50-day at $1.70 or above more near-term support levels at $1.64 to $1.61 and then once it sustains a move or close above those breakout levels volume that hits near or above 181,642 shares. If that breakout triggers soon, then GURE will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $2.50 to $3.

Novatel Wireless

Novatel Wireless (NVTL) is a provider of wireless broadband access solutions for the worldwide mobile communications market. This stock closed up 10.6% to $3.13 in Tuesday's trading session.

Tuesday's Range: $2.83-$3.29

52-Week Range: $1.17-$4.43

Tuesday's Volume: 550,000

Three-Month Average Volume: 171,363

From a technical perspective, NVTL skyrocketed higher here right off its 200-day moving average of $2.78 and back above its 50-day moving average of $3.04 with heavy upside volume. This stock has been uptrending strong for the last few weeks, with shares moving higher from its low of $2.57 to its intraday high of $3.29. During that uptrend, shares of NVTL have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of NVTL within range of triggering a near-term breakout trade. That trade will hit if NVTL manages to take out some near-term overhead resistance levels at $3.36 to $3.61 with high volume.

Traders should now look for long-biased trades in NVTL as long as it's trending above its 200-day at $2.78 and then once it sustains a move or close above those breakout levels with volume that hits near or above 171,363 shares. If that breakout triggers soon, then NVTL will set up to re-test or possibly take out its 52-week high at $4.43. If that level gets taken out with volume, then NVTL could even tag $5 to $5.50.

China Commercial Credit

China Commercial Credit (CCCR) provides direct loans and loan guarantee services to businesses, farmers and individuals in the Jiangsu Province of China. This stock closed up 6.7% to $9.95 in Tuesday's trading session.

Tuesday's Range: $9.22-$10.30

52-Week Range: $6.49-$19.39

Tuesday's Volume: 150,000

Three-Month Average Volume: 212,877

From a technical perspective, CCCR soared higher here right above some near-term support at $9.10 with lighter-than-average volume. This move is quickly pushing shares of CCCR within range of triggering a major breakout trade. That trade will hit if CCCR manages to take out some near-term overhead resistance levels at $10.33 to $10.89 with high volume.

Traders should now look for long-biased trades in CCCR as long as it's trending above some key near-term support at $9.10 and then once it sustains a move or close above those breakout levels with volume that hits near or above 212,877 shares. If that breakout hits soon, then CCCR will set up to re-test or possibly take out its next major overhead resistance levels at $12.76 to $14.

Grey Television

Grey Television (GTN) operates as a television broadcast company in the U.S. This stock closed up 7.6% to $8.89 in Tuesday's trading session.

Tuesday's Range: $8.18-$9.19

52-Week Range: $1.70-$9.46

Tuesday's Volume: 2 million

Three-Month Average Volume: 680,326

From a technical perspective, GTN soared higher here and broke out above some near-term overhead resistance at $8.59 with strong upside volume. This stock has been uptrending strong for the last two months, with shares trending higher from its low of $6.01 to its intraday high of $9.19. During that move, shares of GTN have been consistently making higher lows and higher highs, which is bullish technical price action. That move is quickly pushing shares of GTN within range of triggering a big breakout trade. That trade will hit if GTN manages to take out Tuesday's high of $9.19 to its 52-week high at $9.46 with high volume.

Traders should now look for long-biased trades in GTN as long as it's trending above $8 or above $7.50 and then once it sustains a move or close above those breakout levels with volume that hits near or above 680,326 shares. If that breakout triggers soon, then GTN 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 $11 to $13.

China Gengsheng Minerals

China Gengsheng Minerals (CHGS) develops, manufactures and sells mineral-based, heat-resistant products capable of withstanding high temperatures and saving energy. This stock closed up 8.8% to 17 cents per share in Tuesday's trading session.

Tuesday's Range: $0.16-$0.18

52-Week Range: $0.07-$0.48

Thursday's Volume: 139,000

Three-Month Average Volume: 55,240

From a technical perspective, CHGS ripped sharply higher here right above its 50-day moving average of 15 cents with above-average volume. This stock has been uptrending strong for the last three months, with shares moving higher from its low of 7 cents to its recent high of 20 cents. During that move, shares of CHGS have been consistently making higher lows and higher highs, which is bullish technical price action.

Traders should now look for long-biased trades in CHGS as long as it's trending above its 50-day at 15 cents and then once it sustains a move or close above 18 cents to its 200-day moving average at 20 cents with volume that hits near or above 55,240 shares. If we get that move soon, then CHGS will set up to re-test or possibly take out its next major overhead resistance levels at 25 cents to 28 cents.

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.