Stock Quotes in this Article: CECO, DSCO, JMBA, RIMM, ATRS

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.

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Jamba

Jamba (JMBA) is a restaurant retailer of better-for-you beverage and food offerings, including fruit smoothies, juices and teas, hot oatmeal made with organic steel cut oats, probiotic fruit and yogurt blends, Whirl’ns frozen yogurt, wraps, salads, sandwiches, California Flatbreads and a variety of baked goods and snacks. This stock is trading up 8% to $2.41 in recent trading.

Today’s Range: $2.20-$2.46

52-Week Range: $1.21-$2.27

Volume: 1.8 million

Three-Month Average Volume: 494,653

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From a technical perspective, JMBA is skyrocketing higher here with massive volume. This move has pushed JBMA into breakout territory, since the stock has taken out some near-term overhead resistance at $2.10 to $2.27.

Traders should now look for the next major breakout trade to trigger for JMBA. That trade will hit once JMBA takes out some past overhead resistance at $2.55 to $2.79 with high-volume. Traders should look for long-biased trades once JMBA sustains a move or close above those levels with volume that’s near or above 494,653 shares. If we get that action soon, then this stock has an excellent chance of tagging its next major overhead resistance levels at $3.50 to $3.83, or possibly even higher.

Research In Motion

Research In Motion (RIMM) is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market. This stock is trading up 4% to $8.00 in recent trading.

Today’s Range: $7.57-$8.06

52-Week Range: $7.14-$33.54

Volume: 23.4 million

Three-Month Average Volume: 19.6 million

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From a technical perspective, RIMM is jumping higher here off of oversold levels, and off its recent low of $7.14 with heavy volume. I say oversold because the relative strength index reading for RIMM was just below 30 during the last few trading sessions, and now sits at 33. This move has also pushed RIMM into near-term breakout territory since the stock is moving above its gap-down day high of $7.98 with high-volume.

Traders should now look for long-biased trades as long as RIMM is trending above that gap-down day high with strong upside volume flows. I would consider any upside volume day that registers near or above 19.6 million shares as bullish. If we continue to see that trend, then RIMM could easily spike toward its next major overhead resistance levels at $9.34, or even its 50-day moving average of $10.73.

Cadence Pharmaceuticals

Cadence Pharmaceuticals (CADX) is a biopharmaceutical company focused on acquiring, in-licensing, developing and commercializing products principally for use in the hospital setting. This stock is trading up 7.6% at $3.95 in recent trading.

Today’s Range: $3.56-$3.99

52-Week Range: $2.56-$9.27

Volume: 160,000

Three-Month Average Volume: 375,129

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From a technical perspective, CADX is ripping higher here with light volume, and the stock has moved into near-term breakout territory since the stock has taken out resistance at $3.70 to $3.88.

Traders should now look for long-biased trades once CADX moves above its 200-day moving average of $4.08 with high volume. Look for a sustained move or close above that level with volume that’s near or above 375,129 shares. If we get that action soon, then CADX should re-test and possibly take out its next significant overhead resistance levels at $4.37 to $4.63. If those levels are then taken out with volume, CADX could spike toward $5 to $6 in the near future.

On the flipside, I would avoid CADX if it fails to maintain a strong volume trend back above its 200-day.

Discovery Laboratories

Discovery Laboratories (DSCO) is a biotechnology company developing surfactant therapies to treat respiratory disorders and diseases. This stock is trading up 4.8% at $2.83 in recent trading.
Today’s Range: $2.61-$2.90
52-week Range: $1.44-$5.39
Volume: 824,000
Three-Month Average Volume: 716,903

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From a technical perspective, DSCO is moving notably higher here with above-average volume. This move has now pushed DSCO into near-term breakout territory, since the stock has started to move above some resistance at $2.72.

Traders should now look for long-biased trades as long as DSCO is trending above $2.72 with strong upside volume flows. At last check, DSCO has hit an intraday high of $2.90 and volume is above its three-month average action. If you get long this stock over $2.72, then I would look to add aggressively once some more overhead resistance at $3.15 gets taken out with high-volume.

If we see $3.15 get taken out with volume, then DSCO could easily fill a previous gap-down and tag $3.70 or more. I would consider any upside volume day that registers near or above 716,903 shares as bullish.

On the flipside, I would avoid DSCO if it fails to hold its trend above $2.72, or if it takes out its 50-day moving average at $2.55 with volume

Career Education

Career Education (CECO), through colleges, schools and universities that are part of the CEC family, offers education to a diverse student population of approximately 100,000 students in a variety of career-oriented disciplines through online, on-ground and hybrid learning program offerings. This stock is trading up 2% at $6.64 in recent trading.

Today’s Range: $6.28-$6.75

52-Week Range: $5.32-$25.26

Volume: 381,413

Three-Month Average Volume: 1.2 million

From a technical perspective, CECO is moving modestly higher here with below-average volume, and the stock is bouncing right off its 50-day moving average of $6.48. This move is starting to push CECO within range of triggering a near-term breakout trade. That trade will hit once CECO takes out some overhead resistance levels at $7.05 to $7.15, and then $7.39 to $7.49 with high-volume.

Traders should now look for long-biased trades once CECO sustains a move or close above those levels with volume that’s near or above 1,221,200 shares. If we get that breakout soon, then look for CECO to re-test and possibly take out its 200-day moving average of $8.99. I would simply avoid this stock if it fails to get above $7.05 for starters, and then drops below some major near-term support at $6.38 with high-volume.

Transition Therapeutics

Transition Therapeutics (TTHI) is a product-focused biopharmaceutical company developing therapeutics for disease indications with large markets. This stock is trading up 6% at $2.25 in recent trading.

Today’s Range: $2.12-$2.25

52-Week Range: $1.15-$3.00

Volume: 5,916

Three-Month Average Volume: 19,118

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From a technical perspective, TTHI is jumping to the upside here with light volume. This move has pushed the stock into near-term breakout territory, since TTHI has taken out some resistance at $2.16. Traders should now look to play the next major breakout trade for TTHI. That trade will trigger once TTHI takes out some near-term overhead resistance at $2.35 with high-volume.

Traders should look for long-biased trades once TTHI sustains a move or close over $2.35 with volume that’s near or above 19,118 shares. If that breakout triggers soon, then TTHI has an excellent chance of tagging its next major overhead resistance levels at $2.79 to $3.23 in the near future.

Antares Pharma

Antares Pharma (ATRS) is a pharma company that focuses on self-injection pharmaceutical products and technologies and topical gel-based products. This stock is trading up 7.5% to $4.13 in recent trading.

Today’s Range: $3.93-$4.28

52-Week Range: $1.51-$3.94

Volume: 2.45 million

Three-Month Average Volume: 1.1 million

From a technical perspective, shares of ATRS is ramping big to the upside here with monster volume, and the stock has started to trigger a near-term breakout since it’s cleared some resistance at $3.75 to $3.94. This move has also pushed ATRS into new 52-week high territory, which is bullish technical price action.

Traders should now look for long-biased trades as long as ATRS is trending above $3.75 to $3.94 with strong upside volume flows. I would consider any upside volume day that registers near or above 1.1 million shares as bullish. If we continue to see that action, then I expect this stock to head north of $5 in the very near future. Keep in mind that a run above $5 will not take place unless ATRS can maintain a trend above $3.75 to $3.94 with strong upside volume flows.

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.