Stock Quotes in this Article: COOL, MBLX, TGA, ZAGG, PES

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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TransGlobe Energy

TransGlobe Energy (TGA) is engaged in the exploration for, and the development and production of, oil and gas in Egypt and Yemen. This stock closed up 1.2% to $8.34 on Thursday.

Thursday's Range: $8.20-$8.56

52-Week Range: $6.87-$12.61

Volume: 73,000

Three-Month Average Volume: 82,169

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From a technical perspective, TGA spiked higher here right off its 50-day moving average of $8.16 with decent upside volume. This stock has been uptrending strong for the last month, with shares soaring higher from its low of $6.87 to its intraday high of $8.56. During that move, shares of TGA have been consistently making higher lows and higher highs, which is bullish technical price action. This move is quickly pushing shares of TGA within range of triggering a major breakout trade. That trade will hit if TGA manages to take out some near-term overhead resistance levels at $8.54 to $8.56 with high volume.

Traders should now look for long-biased trades in TGA as long as it's trending above some key near-term support at $7.94 or above its 50-day at $8.16 and then once it sustains a move or close above those breakout levels with volume that hits near or above 82,169 shares. If that breakout triggers soon, then TGA will set up to re-test or possibly take out its next major overhead resistance levels at $9.32 to its 200-day at $9.58. Any high-volume move above its 200-day will then put $10 to $10.50 into range for shares of TGA.

Pioneer Energy Services

Pioneer Energy Services (PES) provides drilling services and production services to independent and major oil and gas exploration and production companies. This stock closed up 3.1% to $7.85 on Thursday.

Thursday's Range: $7.49-$7.86

52-Week Range: $5.91-$9.91

Volume: 526,000

Three-Month Average Volume: 626,080

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From a technical perspective, PES bounced higher here right off its 200-day moving average of $7.61 with lighter-than-average volume. This move is quickly pushing shares of PES within range of triggering a near-term breakout trade. That trade will hit if PES manages to clear its 50-day moving average at $7.85 with high volume.

Traders should now look for long-biased trades in PES as long as it's trending above its 200-day at $7.61 or above some key near-term support at $7.25, and then once it sustains a move or close above its 50-day at $7.85 with volume that hits near or above 626,080 shares. If that breakout triggers soon, then PES will set up to re-test or possibly take out its next major overhead resistance levels at $8.56 to $9.02. Any high-volume move above $9.02 will then put $10 into range for shares of PES.

Metabolix

Metabolix (MBLX) is a bioscience company that develops and is in the process of commercializing environmentally sustainable, economically attractive alternatives to petroleum-based plastics, with work underway to do the same with chemicals and energy. This stock closed up 2% at $2.02 on Thursday.

Thursday's Range: $1.96-$2.04

52-Week Range: $1.07-$2.67

Volume: 57,000

Three-Month Average Volume: 103,257

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From a technical perspective, MBLX bounced higher here right off its 50-day moving average of $1.92 with lighter-than-average volume. This stock has been uptrending strong for the last month, with shares soaring higher from its low of $1.35 to its recent high of $2.09. During that move, shares of MBLX have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of MBLX within range of triggering a major breakout trade. That trade will hit if MBLX manages to take out some near-term overhead resistance at $2.09 with high volume.

Traders should now look for long-biased trades in MBLX as long as it's trending above some key near-term support at $1.88 or above its 50-day at $1.92 and then once it sustains a move or close above $2.09 with volume that hits near or above 103,257 shares. If that breakout triggers soon, then MBLX will set up to re-test or possibly take out its next major overhead resistance levels at $2.40 to $2.58. Any high-volume move above $2.58 will then put the 52-week high at $2.67 into range for shares of MBLX.

Zagg

Zagg (ZAGG) designs, manufactures and distributes creative product solutions such as protective coverings, keyboards, keyboard cases, earbuds, mobile power solutions and device cleaning accessories for mobile devices under the family of ZAGG brands. This stock closed up 2.6% at $5.09 on Thursday.

Thursday's Range: $4.92-$5.13

52-Week Range: $4.75-$12.19

Volume: 1.91 million

Three-Month Average Volume: 861,302

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From a technical perspective, ZAGG bounced modestly higher here right above some near-term support at $4.75 with heavy upside volume. This stock recently gapped down sharply from around $7 to below $5 with heavy downside volume. Following that move, shares of ZAGG have started to rebound and are now quickly approaching a major breakout trade. That trade will trigger if ZAGG manages to take out its gap-down day high of $5.19 with high volume.

Traders should now look for long-biased trades in ZAGG as long as it's trending above some key near-term support at $4.75 and then once it sustains a move or close above $5.19 with volume that hits near or above 861,302 shares. If that breakout triggers soon, then ZAGG will set up to re-fill some of its previous gap-down zone that started near $7. Some possible upside targets if ZAGG gets into that gap with volume are $6 to $7.

Majesco Entertainment

Majesco Entertainment (COOL) is a provider of interactive entertainment software mainly for the casual game playing, mass-market consumer. This stock closed up 7.8% at 66 cents on Thursday.

Thursday's Range: $0.60-$0.66

52-Week Range: $0.52-$2.37

Volume: 438,000

Three-Month Average Volume: 432,961

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From a technical perspective, COOL bounced sharply higher here right above its 50-day moving average of 58 cents with above-average volume. This stock recently formed a major bottoming chart pattern, with shares finding buying interest on each pullback towards 52 to 54 cents. Shares of COOL are now regaining upward momentum and its quickly approaching a near-term breakout trade. That trade will trigger if COOL manages to take out some near-term overhead resistance levels at 72 to 79 cents with high volume.

Traders should now look for long-biased trades in COOL as long as it's trending above its 50-day at 58 cents and then once it sustains a move or close above those breakout levels with volume that hits near or above 432,961 shares. If that breakout hits soon, then COOL will set up to re-fill some of its previous gap down zone from January that started near $1.05. Some possible upside targets for COOL if it gets into that gap with volume are 90 cents to $1.

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.