Stock Quotes in this Article: IMH, JMBA, OSG, UQM, ZOLT

WINDERMERE, Fla. (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.

 

Zoltek

Zoltek (ZOLT) is engaged in the development, manufacture, and marketing of carbon fibers for different applications. This stock is trading up 6.1% at $8.25 in recent trading.

Today’s Range: $8.04-$8.32

52-Week Range: $5.60-$15.01

Volume: 917,000

Three-Month Average Volume: 174,000

From a technical perspective, ZOLT is gapping up sharply here with huge volume. This move is quickly pushing ZOLT within range of challenging its 50-day moving average of $8.48.

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Traders should now look for long-biased trades once ZOLT manages to clear its 50-day with high volume. Look for a sustained move or close above $8.48 with volume that hits near or above its three-month average action of 174,000 shares. If we see that action soon, then ZOLT will move into range of triggering a major breakout trade.

That trade will trigger once ZOLT clears its 200-day at $9.37, and then once it takes out more resistance at $9.61 to $9.66 with heavy volume. If that breakout were to trigger, then look for ZOLT to re-test or possibly take out its next major overhead resistance levels at $11.41 to $12.10.

Jamba

Jamba (JMBA) operates as a retailer of blended-to-order fruit smoothies, squeezed-to-order juices, blended beverages and snacks. This stock is trading up 5.3% at $2.38 in recent trading.

Today’s Range: $2.29-$2.40

52-Week Range: $1.21-$2.94

Volume: 1.3 million

Three-Month Average Volume: 1 million

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From a technical perspective, JMBA is ripping higher here with above-average volume. This move is quickly pushing JMBA within range of triggering a major breakout trade. That trade will hit once JMBA manages to clear its 50-day at $2.44, and then once it takes out some near-term overhead resistance at $2.54 with high volume.

Traders should now look for long-biased trades in JMBA as long as its trending above its 50-day, and then once it sustains a move or close above $2.54 with volume that’s near or above 1 million shares. If that breakout triggers soon, then JMBA will have a great chance to re-test or possibly take out its next major overhead resistance levels at $2.82 to $2.94.
Overseas Shipholding Group

Overseas Shipholding Group (OSG) owns and operates a fleet of oceangoing vessels engaged in the transportation of liquid and dry bulk cargoes in the international market. This stock is trading up 6.1% at $6.89 in recent trading.

Today’s Range: $6.42-$6.94

52-Week Range: $5.00-$16.37

Volume: 461,000

Three-Month Average Volume: 671,959

From a technical perspective, OSG is bouncing hard here right off its 50-day moving average of $6.50 with decent volume. This move is quickly pushing OSG within range of triggering a major breakout trade. That trade will hit once OSG manages to take out some near-term overhead resistance levels at $7.15 to $7.53 with high volume.

Traders should now look for long-biased trades in OSG as long as its trending above its 50-day, and then once it sustains a move or close above those breakout levels with volume that’s near or above 671,959 shares. If that breakout triggers soon, then look for OSG to potentially trade back towards its 200-day moving average of $9.67.
UQM Technologies

UQM Technologies (UQM) is a developer and manufacturer of electric motors, generators and power electronic controllers for the automotive, aerospace, military and industrial markets. This stock is trading up 13.1% to $1.28 in recent trading.

Today’s Range: $1.16-$1.30

52-Week Range: $0.70-$2.19

Volume: 142,000

Three-Month Average Volume: 105,477

From a technical perspective, UQM is skyrocketing higher here with above-average volume. This move has also started to push UQM back above its 200-day moving average of $1.27, and right around some near-term overhead resistance at $1.30.

Traders should now look for long-biased trades in UQM as long as it’s trending above $1.29 to $1.30 with strong upside volume flows. I would consider any upside volume day that registers near or above 105,447 shares as bullish. If UQM can sustain that trend with strong volume, then look for this stock to re-test or possibly take out its next major overhead resistance levels at $1.80 to $1.90.
Impac Mortgage

Impac Mortgage's (IMH) operations include the mortgage and real estate fee-based business activities conducted by its subsidiaries. This stock is trading up 11.9% to $8.74 in recent trading.

Today’s Range: $7.91-$8.93

52-Week Range: $1.45-$8.63

Volume: 193,000

Three-Month Average Volume: 103,838

From a technical perspective, IMH is ripping to the upside here with above-average volume. This move has started to push IMH into major breakout territory, since the stock is flirting with some near-term overhead resistance at $8.63. At last check, IMH has hit an intraday high of $8.93 and volume is well above its three-month average action of 103,838 shares.

Traders should now look for long-biased trades in IMH as long as it’s trending above $8.03 to $8.63 with strong upside volume flows. I would consider any upside volume day that registers near or above 103,838 shares as bullish. If IMH can maintain that trend, then look for this stock to trade north of $10 in the near future.

Keep in mind that IMH has now entered new 52-week-high territory, which is technically bullish price action.

To see more stocks under-$10 that are making notable moves higher today, check out the Stocks Under-$10 Moving Higher portfolio on Stockpickr.

-- Written by Roberto Pedone in Winderemere, Fla.


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

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to Beconequity.com and maintains the website Maddmoney.net, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.