Stock Quotes in this Article: APP, BAA, PSUN, SNMX, STSI

MADISON, Wis. (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 $10 that are making large moves to the upside today.

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American Apparel

American Apparel (APP) designs, manufactures and sells for women, men, children and pets through retail, wholesale and online distribution channels. This stock closed up 7% to $2.13 on Thursday.

Thursday's Range: $1.98-$2.13

52-Week Range: $0.80-$2.40

Volume: 1.42 million

Three-Month Average Volume: 857,278

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From a technical perspective, APP spiked sharply higher here right off its 50-day moving average of $1.97 with heavy upside volume. This move pushed shares of APP into breakout territory, since the stock took out some near-term overhead resistance at $2.08. Shares of APP are now quickly moving within range of triggering another near-term breakout trade. That trade will hit if APP manages to clear some more resistance at $2.20 with high volume.

Traders should now look for long-biased trades in APP as long as it's trending above $2.08 or above its 50-day at $1.97, and then once it sustains a move or close above $2.20 with volume that hits near or above 857,278 shares. If that breakout triggers soon, then APP will set up to re-test or possibly take out its 52-week high at $2.40. Any high-volume move above $2.40 will then give APP a chance to tag $3.

Banro

Banro (BAA) is engaged in the exploration and development of four gold properties, which are known as Twangiza, Namoya, Lugushwa and Kamituga. This stock closed up 9% to $1.20 on Thursday.

Thursday's Range: $1.07-$1.22

52-Week Range: $0.95-$5.15

Volume: 693,000

Three-Month Average Volume: 831,969

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From a technical perspective, BAA trended higher here with decent upside volume. This stock recently formed a double bottom chart pattern at 95 to 96 cents per share. Shares of BAA are now quickly moving within range of triggering a major breakout trade. That trade will hit if BAA manages to take out its 50-day moving average at $1.22 and then once it clears more resistance levels at $1.27 to $1.32 with high volume.

Traders should now look for long-biased trades in BAA as long as it's trending above Thursday's low of $1.07, and then once it sustains a move or close above those breakout levels with volume that hits near or above 831,969 shares. If that breakout triggers soon, then BAA will set up to re-test or possibly take out its next major overhead resistance levels at $1.60 to $2.

Senomyx

Senomyx (SNMX) discovers, develops and commercializes flavor ingredients for the packaged food, beverage and ingredient supply industries. This stock closed up 4.9% to $2.13 on Thursday.

Thursday's Range: $2.05-$2.15

52-Week Range: $1.53-$2.94

Volume: 116,000

Three-Month Average Volume: 194,861

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From a technical perspective, SNMX bounced notably higher here right off its 50-day moving average of $2.05 with lighter-than-average volume. This move pushed shares of SNMX into breakout territory, since the stock cleared some near-term overhead resistance at $2.08. Shares of SNMX are now quickly moving within range of triggering another major breakout trade. That trade will hit if SNMX manages to take out some key overhead resistance levels at $2.24 to $2.39 with high volume.

Traders should now look for long-biased trades in SNMX as long as it's trending above its 50-day at $2.05 or above its 200-day at $1.96, and then once it sustains a move or close above those breakout levels with volume that hits near or above 194,861 shares. If that breakout hits soon, then SNMX will set up to re-test or possibly take out its next major overhead resistance levels at $2.70 to $2.82. Any high-volume move above those levels will then put its next major resistance levels at $2.94 to $3.10 into range for shares of SNMX.

Star Scientific

Star Scientific (STSI) is a technology-oriented company with a mission to promote maintenance of a healthy metabolism and lifestyle. This stock closed up 6.9% to $1.53 on Thursday.

Thursday's Range: $1.40-$1.53

52-Week Range: $1.15-$5.05
Volume: 1.41 million
Three-Month Average Volume: 1.44 million

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From a technical perspective, STSI bounced strongly higher here right off its 50-day moving average of $1.40 with decent upside volume. This stock has been uptrending strong for the last month, with shares moving higher from its low of $1.15 to its recent high of $1.63. During that uptrend, shares of STSI have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of STSI within range of triggering a major breakout trade. That trade will hit if STSI manages to take out some near-term overhead resistance levels at $1.55 to $1.63 and then once it clears some past resistance at $1.73 with high volume.

Traders should now look for long-biased trades in STSI as long as it's trending above its 50-day at $1.40 or above some more key support at $1.31, and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.44 million shares. If that breakout triggers soon, then STSI will set up to re-test or possibly take out its next major overhead resistance levels at $2 to $2.13. Any high-volume move above those levels will then put its 200-day at $2.44 into range for shares of STSI.

Pacific Sunwear of California

Pacific Sunwear of California (PSUN) sells a combination of branded and proprietary casual apparel, accessories and footwear designed to appeal to teens and young adults. This stock closed up 2.1% to $3.36 on Thursday.

Thursday's Range: $3.24-$3.39

52-Week Range: $1.36-$3.45

Volume: 456,000

Three-Month Average Volume: 484,485

From a technical perspective, PSUN spiked modestly higher here right off some near-term support at $3.20 with decent upside volume. This stock has been uptrending strong for the last six months, with shares soaring higher from its low of $1.36 to its recent high of $3.45. During that uptrend, shares of PSUN have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of PSUN within range of triggering a major breakout trade. That trade will hit if PSUN manages to clear some near-term overhead resistance levels at $3.42 to its 52-week high at $3.45 with high volume.

Traders should now look for long-biased trades in PSUN as long as it's trending above some key near-term support levels at $3.20 to $3.15, and then once it sustains a move or close above those breakout levels with volume that hits near or above 484,485 shares. If that breakout triggers soon, then PSUN will set up to enter new 52-week high territory, which is bullish technical price action. Some possible upside targets off that breakout are $4 to $4.50, or even $5.

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 Madison, Wis.

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

Roberto Pedone, based out of Madison, 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.