Stock Quotes in this Article: FIG, HUSA, LLEN, PKD, RMBS

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

>>5 Big Stocks to Trade for Big Gains

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.

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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.

Fortress Investment Group

Fortress Investment Group (FIG) operates as a global alternative asset manager, which raises, invests and manages private equity funds and hedge funds. This stock closed up 3.7% to $7.95 in Thursday's trading session.

Thursday's Range: $7.70-$8.00

52-Week Range: $3.73-$8.19

Thursday's Volume: 802,000

Three-Month Average Volume: 903,322

From a technical perspective, FIG trended higher here right off its 50-day moving average of $7.64 with decent upside volume. This stock has been uptrending strong for the last three months, with shares moving higher from its low of $6.22 to its recent high of $8.19. During that move, shares of FIG have been mostly making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of FIG within range of triggering a major breakout trade. That trade will hit if FIG manages to take out Thursday's high of $8 and then once it clears its 52-week high at $8.19 with high volume.

Traders should now look for long-biased trades in FIG as long as it's trending above its 50-day at $7.64 or above more near-term support at $7.59 or $7.40, and then once it sustains a move or close above those breakout levels with volume that hits near or above 903,322 shares. If that breakout triggers soon, then FIG will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that move are $10 to $12.

L&L Energy

L&L Energy (LLEN) is currently engaged in the business of coal mining, coal consolidation and wholesaling in the People's Republic of China, withoperations are conducted in the coal-rich Yunnan Province in Southwest China. This stock closed up 8.4% to $1.42 in Thursday's trading session.

Thursday's Range: $1.32-$1.45

52-Week Range: 0.94-$4.94

Thursday's Volume: 3.98 million

Three-Month Average Volume: 1.74 million

From a technical perspective, LLEN ripped sharply higher here right above some near-term support at $1.25 with monster upside volume. This stock recently plunged sharply from its high of $3.21 to its low of 94 cents per share. Following that sharp move lower, shares of LLEN have now started to rebound strong and move within range of triggering a big breakout trade. That trade will hit if LLEN manages to take out some near-term overhead resistance levels at $1.53 to $1.75 with high volume.

Traders should now look for long-biased trades in LLEN as long as it's trending above some key near-term support levels at $1.25 or at $1.17 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.74 million shares. If that breakout hits soon, then LLEN will set up to re-test or possibly take out its next major overhead resistance levels at its 50-day of $2.16 to its 200-day at $2.57.

Parker Drilling

Parker Drilling (PKD) provides contract drilling and drilling-related services and operates in approximately 12 countries. This stock closed up 8.1% to $6.25 in Thursday's trading session.

Thursday's Range: $5.86-$6.25

52-Week Range: $3.61-$6.42

Thursday's Volume: 1.29 million

Three-Month Average Volume: 698,603

From a technical perspective, PKD exploded higher here right off its 50-day moving average of $5.94 with heavy upside volume. This move pushed shares of PKD into breakout territory, since the stock took out some near-term overhead resistance levels at $6.10 to $6.16. Shares of PKD are now quickly moving within range of triggering another big breakout trade. That trade will hit if PKD manages to take out Thursday's high of $6.25 and then once it clears its 52-week high at $6.42 with high volume.

Traders should now look for long-biased trades in PKD as long as it's trending above Thursday's low of $5.86 or above more support at $5.54 and then once it sustains a move or close above those breakout levels with volume that hits near or above 698,603 shares. If that breakout hits soon, then PKD will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $7 to $7.50.

Houston American Energy

Houston American Energy (HUSA) is focused on the development, exploration, exploitation, acquisition and production of natural gas and crude oil properties in the U.S. Gulf Coast region and in South America. This stock closed up 6.6% to 32 cents per share in Thursday's trading session.

Thursday's Range: $0.29-$0.32

52-Week Range: $0.18-$0.75

Thursday's Volume: 246,000

Three-Month Average Volume: 248,398

From a technical perspective, HUSA jumped higher here back above its 50-day moving average of 31 cents with decent upside volume. This move is quickly pushing shares of HUSA within range of triggering a big breakout trade. That trade will hit if HUSA manages to take out some near-term overhead resistance levels at 35 to 39 cents per share with high volume.

Traders should now look for long-biased trades in HUSA as long as it's trending above Thursday's low of 29 cents, and then once it sustains a move or close above those breakout levels with volume that hits near or above 248,398 shares. If that breakout triggers soon, then HUSA will set up to re-test or possibly take out its next major overhead resistance levels 48 to 60 cents per share.

Rambus

Rambus (RMBS) is a technology solutions company that brings invention to market. This stock closed up 4.3% to $9.44 in Thursday's trading session.

Thursday's Range: $9.14-$9.50

52-Week Range: $4.10-$10.85

Thursday's Volume: 808,000

Three-Month Average Volume: 919,178

From a technical perspective, RMBS spiked sharply higher here right off its 50-day moving average of $8.93 with decent upside volume. This stock has been uptrending strong for the last month and change, with shares moving higher from its low of $7.95 to its recent high of $9.69. During that move, shares of RMBS have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed RMBS within range of triggering a near-term breakout trade. That trade will hit if RMBS manages to take out Thursday's high of $9.50 and then once it clears more resistance at $9.69 with high volume.

Traders should now look for long-biased trades in RMBS as long as it's trending above its 50-day at $8.93 or above more support at $8.86 and then once it sustains a move or close above those breakout levels with volume that hits near or above 919,178 shares. If that breakout hits soon, then RMBS will set up to re-test or possibly take out its 52-week high at $10.85. Any high-volume move above $10.85 to $11 will then give RMBS a chance to tag $12 to $13.

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.