Stock Quotes in this Article: ANTH, PIP, PTIE, NOAH, ZLCS

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.

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.

>>Also see: 5 Breakout Stocks to Buy on This Bounce

With that in mind, let's take a closer look at several stocks under $10 that are making large moves to the upside today.

 

Zalicus ZLCS

This is a biopharmaceutical company developing drug candidates with a focus on the treatment of pain and inflammation. This stock is up 7.9%, to $1.15 in recent trading.

Today's Range: $1.07-$1.16
52-week Range: $0.72-$2.90
Volume: 2,789,000
Three-Month Average Volume: 1,655,760

From a technical perspective, ZLCS is skyrocketing here, back above its 200-day moving average of $1.10 with monster volume. This move has also pushed the stock within range of triggering a near-term breakout trade. That trade will hit once ZLCS takes out some near-term overhead resistance at $1.14 with high volume.

Traders should continue to look for long-biased trades as long as ZLCS is trending above its 200-day, and if it can sustain a high-volume move or close over $1.14. Look for volume on that move that's near or above 1,655,760 shares. If we get that action soon, then look for ZLCS to tag its March high of $1.34 or possibly trend much higher.

ZogenixZGNX

This is a specialty pharmaceutical company with two product candidates in late-stage development for the treatment of central nervous system disorders and pain. This stock is up 10.2% to $2.05 in recent trading.

Today's Range: $1.87-$2.08
52-week Range: $1.31-$5.11
Volume: 323,000
Three-Month Average Volume: 305,806

Shares of ZGNX are soaring today after the company said Mallinckrodt LLC, the pharmaceuticals business of Covidien , announced an exclusive co-promotion agreement for SUMAVEL DosePro (sumatriptan injection) Needle-free Delivery System in the United States.

From a technical perspective, ZGNX is bouncing right off its 50-day moving average here with above-average volume. This move is quickly pushing ZGNX within range of triggering a major breakout trade. That trade will hit once ZGNX takes out its 200-day moving average of $2.15, and then some past overhead resistance at $2.28 with high volume.

Traders should now look for long-biased trades, if ZGNX can sustain a move or close above those levels with volume that's near or above 305,806 shares. If we get that action soon, then look for ZGNX to fill a previous gap down and possibly hit its March high of $2.90.

Hudson Technologies HDSN

This is a refrigerant services company providing solutions to recurring problems within the refrigeration industry. This stock is up 7.66% at $3.68 in recent trading.

Today's Range: $3.44-$3.73
52-week Range: $1.01-$4.23
Volume: 143,000
Three-Month Average Volume: 131,218

From a technical perspective, HDSN is bouncing hard here, right off its 50-day moving average of $3.45 with above-average volume. This move is quickly pushing HDSN within range of triggering a major breakout trade. That trade will hit once HDSN takes out some near-term overhead resistance at $4.06 and then its 52-week high of $4.23 with high volume.

Traders should now look for long-biased trades if HDSN can sustain a move or close above $4.06 to $4.23 with volume that's near or above 131,218 shares. If we get that action soon, then this stock could easily hit $5 or higher in the near future.

Anthera Pharmaceuticals ANTH

This is a development-stage biopharmaceutical company focused on developing and commercializing products to treat diseases associated with inflammation. This stock is trading up 6.4% at $2.12 in recent trading.

Today's Range: $1.98-$2.14
52-week Range: $1.44-$8.89
Volume: 201,000

Three-Month Average Volume: 604,652

From a technical perspective, ANTH is bouncing sharply here, right off its 50-day moving average of $1.95 with light volume. This move is pushing the stock within range of triggering a near-term breakout trade. That trade will hit once ANTH takes out some near-term overhead resistance at $2.22 with high volume.

Traders should now look for long-biased trades in ANTH, if it can sustain a move or close over $2.22 with volume that's near or above 604,652 shares. If we get that action soon, then ANTH could easily hit its April high of $2.75 or possibly even $3 in the near future.

Noah Holdings NOAH

This company, through its subsidiaries, is a service provider focusing on distributing wealth management products to the high net-worth population in the People's Republic of China. This stock is up 2.7% at $5.31 in recent trading.

Today's Range: $5.01-$5.42
52-week Range: $4.63-$14.68
Volume: 156,000
Three-Month Average Volume: 88,648

From a technical perspective, NOAH is moving modestly higher here, with above-average volume. This move is coming off a near-term double bottom that hit once this stock found buying interest at $4.63 to $4.68. Shares of NOAH are now trending very close to triggering a near-term breakout trade. That trade will hit once NOAH takes out some near-term overhead resistance at $5.55 with high volume.

Traders should now look for long-biased trades once NOAH sustains a move or close over $5.55 with volume that's near or above 88,648 shares. If we get that action soon, then NOAH could easily spike big back toward its 50-day moving average of $6.60, or possibly even its 200-day moving average of $7.70.

PharmAthene PIP

This is a biodefense company engaged in the development and commercialization of medical countermeasures against biological and chemical weapons. This stock is trading up 13.4% at $1.68 in recent trading.

Today's Range: $1.46-$1.69
52-week Range: $1.07-$3.69
Volume: 499,000
Three-Month Average Volume: 386,178

From a technical perspective, PIP is ripping higher here, back above both its 50-day moving average of $1.50, and above its 200-day moving average of $1.58 with above-average volume. This move is quickly pushing PIP within range of trigging a major breakout trade. That trade will hit once PIP takes out some overhead resistance at $1.84 to $1.89 with volume.

Traders should now look for long-biased trades once PIP sustains a move or close over those levels with volume that's near or above 386,178 shares. If we get that action soon, then PIP could re-test and possibly take out its March high of $2.10.

Pain Therapeutics PTIE

This is a biopharmaceutical company that develops drugs. Pain Therapeutics has four drug candidates in clinical programs, including REMOXY, abuse-resistant hydromorphone, abuse-resistant hydrocodone and a radio-labeled monoclonal antibody to treat metastatic melanoma. This stock is trading up 4.4% to $4.05 in recent trading.

Today's Range: $3.83-$4.06
52-week Range: $3.28-$9.86
Volume: 133,000
Three-Month Average Volume: 173,002

From a technical perspective, PTIE is spiking higher here with decent volume. This move is coming after the stock took out its 50-day moving average on Wednesday at $3.80. Traders should now look for long-biased trades once PTIE triggers its next major breakout. That breakout will trigger once PTIE takes out its 200-day moving average of $4.07, and then some near-term overhead resistance at $4.20 with high volume.

Look for PTIE to sustain a move or close over those levels with volume that's near or above 173,002 shares. If we get that action soon, then PTIE could easily re-test its 2012 high of $4.53, or its next significant overhead resistance level at $4.84. Keep in mind, that PTIE will need to sustain a trend above its 200-day at $4.07 with strong volume, to give it a chance at making that larger move.

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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