Stock Quotes in this Article: DHRM, ODP, SGMS, WTSL, CRDS

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.

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

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Wet Seal

Wet Seal (WTSL), a multi-channel specialty retailer, operates stores that sell fashionable and contemporary apparel and accessory items for female consumers. This stock closed up 5.1% to $1.03 in Thursday's trading session.

Thursday's Range: $0.96-$1.03

52-Week Range: $0.80-$4.14

Thursday's Volume: 814,000

Three-Month Average Volume: 1.19 million

From a technical perspective, WTSL jumped notably higher here right above its 50-day moving average of 91 cents per share with decent upside volume flows. This trend to the upside on Thursday is starting to push shares of WTSL within range of triggering a major breakout trade. That trade will hit if WTSL manages to take out some key near-term overhead resistance levels at $1.09 to $1.10 with high volume.

Traders should now look for long-biased trades in WTSL as long as it's trending above its 50-day at 91 cents per share and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.19 million shares. If that breakout develops soon, then WTSL will set up to re-test or possibly take out its next major overhead resistance levels at near $1.27 to $1.36, or even $1.50.

Dehaier Medical Systems

Dehaier Medical Systems (DHRM) develops and distributes medical devices as well as sleep respiratory and oxygen therapy products in the People's Republic of China. This stock closed up 3.8% to $5.95 in Thursday's trading session.

Thursday's Range: $5.73-$6.00

52-Week Range: $1.85-$12.89

Thursday's Volume: 148,000

Three-Month Average Volume: 118,998

From a technical perspective, DHRM jumped notably higher here right above its 50-day moving average of $5.45 with above-average volume. This stock has been uptrending over the last month and change, with shares moving higher from its low of $5.02 to its recent high of $6.33. During that uptrend, shares of DHRM have been making mostly higher lows and higher highs, which is bullish technical price action. Market players should now look for a continuation move to the upside in the short-term if DHRM manages to clear Thursday's intraday high of $6 with high volume.

Traders should now look for long-biased trades in DHRM as long as it's trending above its 50-day at $5.45 or above more near-term support at $5.24 and then once it sustains a move or close above $6 with volume that hits near or above 118,998 shares. If that move gets started soon, then DHRM will set up to re-test or possibly take out its next major overhead resistance level at $6.33. Any high-volume move above that level will then give DHRM a chance to tag its next major overhead resistance levels at $7.08 to $7.15.

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Office Depot

Office Depot (ODP), together with its subsidiaries, supplies office products and services. This stock closed up 1.1% to $5.16 a share in Thursday's trading session.

Thursday's Range: $5.02-$5.16

52-Week Range: $3.84-$5.85

Thursday's Volume: 4.53 million

Three-Month Average Volume: 6.77 million

From a technical perspective, ODP trended modestly higher here right off its 200-day moving average of $5.23 with lighter-than-average volume. This move to the upside on Thursday is starting to push shares of ODP within range of triggering a near-term breakout trade. That trade will hit if ODP manages to take out its 50-day moving average of $5.23 and then once it clears more key overhead resistance levels at $5.31 to 5.41 with high volume.

Traders should now look for long-biased trades in ODP as long as it's trending above some key near-term support levels at $4.91 or at $4.83 and then once it sustains a move or close above those breakout levels with volume that hits near or above 6.77 million shares. If that breakout gets begins soon, then ODP will set up to re-test or possibly take out its next major overhead resistance levels at $5.75 to its 52-week high at $5.85. Any high-volume move above $5.85 will then give ODP a chance to trend north of $6.

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Scientific Games

Scientific Games (SGMS) is a global supplier of solutions to lottery and gaming organizations worldwide. This stock closed up 1.8% to $9.98 a share in Thursday's trading session.

Thursday's Range: $9.76-$10.03

52-Week Range: $6.97-$19.48

Thursday's Volume: 1.08 million

Three-Month Average Volume: 1.18 million

From a technical perspective, SGMS trended modestly higher here right above its 50-day moving average of $9.63 with decent upside volume flows. This move is starting to push shares of SGMS within range of triggering a near-term breakout trade. That trade will hit if SGMS manages to take out some key near-term overhead resistance levels at $10.15 to $10.41 with high volume.

Traders should now look for long-biased trades in SGMS as long as it's trending above some near-term support levels at $9.67 or at $9 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.18 million shares. If that breakout materializes soon, then SGMS will set up to re-test or possibly take out its next major overhead resistance levels at $10.98 to $11, or $11.77 to $12.25.

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Crossroads Systems

Crossroads Systems (CRDS) provides data protection solutions and services worldwide. This stock closed up 3.8% to $2.99 a share in Thursday's trading session.

Thursday's Range: $2.88-$3.03

52-Week Range: $0.69-$3.71

Thursday's Volume: 52,000

Three-Month Average Volume: 148,597

From a technical perspective, CRDS spike notably higher here back above its 50-day moving average of $2.96 with lighter-than-average volume. This push to the upside on Thursday is starting to push shares of CRDS within range of triggering a big breakout trade. That trade will hit if CRDS manages to take out Thursday's intraday high of $3.03 to some more near-term overhead resistance at $3.08 with high volume.

Traders should now look for long-biased trades in CRDS as long as it's trending above some key near-term support levels at $2.54 or above its 200-day at $2.48 and then once it sustains a move or close above those breakout levels with volume that hits near or above 148,597 shares. If that breakout materializes soon, then CRDS will set up to re-test or possibly take out its next major overhead resistance level at its 52-week high of $3.71. Any high-volume move above that level will then give CRDS a chance to trend north of $4.

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.