Stock Quotes in this Article: AMD, KERX, LDK, NVGN, PGNX, YGE, ACTV

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

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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.

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.

Active Network (ACTV)

This company provides applications that form an online network connecting a fragmented and diverse group of activity and event organizers with a large base of potential participants. This stock is trading up 6.2% to $4.96 in recent trading.

Today’s Range: $4.82-$4.98

52-Week Range: $4.60-$17.74

Volume: 476,000

Three-Month Average Volume: 1.05 million

From a technical perspective, ACTV is bouncing sharply higher here right above some near-term support levels at $4.60 to $4.67 with lighter volume. This stock recently gapped down big from over $9 to $5.02 with heavy volume. Following that move, shares of ACTV went on to hit a new low of $4.60, but the stock has now started to rebound to its current price of $4.95. That rebound is quickly pushing ACTV within range of triggering a near-term breakout trade. That trade will hit once ACTV takes out some near-term overhead resistance at $4.94 to $5.18 with high volume.

Traders should now look for long-biased trades in ACTV as long as it’s trending above $4.60, and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.05 million shares. If that breakout triggers soon, then ACTV will set up to bounce off oversold levels, since its current relative strength index (RSI) reading is 25.24. Some possible upside targets are $5.50 to $5.87. Any high-volume move above its gap down day high near $6.50 will then give ACTV a chance to fill some of its previous gap.

Yingli Green Energy (YGE)

This company is engaged in the design, development, marketing, manufacturing and installation and sale of photovoltaic products in the People's Republic of China and overseas markets. This stock is trading up 4.9% to $1.70 in recent trading.

Today’s Range: $1.62-$1.77

52-Week Range: $1.25-$6.27

Volume: 2.13 million

Three-Month Average Volume: 954,671

From a technical perspective, YGE is bouncing higher here right off its 50-day moving average of $1.64 with heavy upside volume. This move is quickly pushing YGE within range of triggering a near-term breakout trade. That trade will hit once YGE manages to take out some near-term overhead resistance levels at $1.75 to $1.90 with high volume.
Traders should now look for long-biased trades in YGE as long as it’s trending above its 50-day at $1.64, and then once it sustains a move or close above those breakout levels with volume that hits near or above 954,671 shares. If YGE triggers that breakout, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $2.18 to its 200-day at $2.61.

Advanced Micro Devices (AMD)

This is a semiconductor company with manufacturing, research and development, and sales and administrative facilities throughout the world. It provides processing solutions for the computing and graphics markets. This stock is trading up 4.3% to $2.05 in recent trading.

Today’s Range: $2.01-$2.12

52-Week Range: $1.81-$8.35

Volume: 26.16 million

Three-Month Average Volume: 28.96 million

Shares of AMD are trending higher today after the company said it plans to sell its Austin, Texas campus in order to raise cash. The planned sale is expected to generate $150 million to $200 million.

From a technical perspective, AMD is bouncing higher here right above some near-term support levels at $1.81 to $1.85 with decent volume. This stock has also started to flirt with some near-term overhead resistance at $1.97. Shares of AMD have been downtrending badly for the last six months, with shares falling from over $6 to its recent low of $1.81. During that move, shares of AMD have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of AMD could be setting up to rebound sharply higher now that it’s starting to flirt with a near-term breakout.

Traders should now look for long-biased trades in AMD as long as it’s trending above its $1.97 with strong upside volume flows. I would consider any upside volume day that registers near or above 28.96 million shares as bullish. If AMD can maintain that trend, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $2.35 to its 50-day at $2.56. Any move above its 50-day could then send AMD towards $3 to $3.25 in the near future.

LDK Solar (LDK)

This is a solar module manufacturer. The company sells multicrystalline and monocrystalline wafers globally to manufacturers of solar cells and modules. This stock is trading up 7.4% to $1.15 in recent trading.

Today’s Range: $1.10-$1.17

52-Week Range: $0.71-$6.92

Volume: 1.08 million

Three-Month Average Volume: 761,665

This stock is trending higher ahead of its earnings report which is set for Monday, December 3, 2012.

From a technical perspective, LDK is ripping higher here right above its 50-day moving average of $1.00 with above-average volume. This move is quickly pushing LDK within range of triggering a near-term breakout trade. That trade will hit once LDK manages to take out some near-term overhead resistance at $1.13 with high volume. At last check, LDK has hit an intraday high of $1.17 and volume is well above its three-month average action of 761,665 shares.

Traders should now look for long-biased trades in LDK as long as it’s trending above its 50-day at $1.00, and then once it sustains a move or close above $1.13 to $1.17 with volume that hits near or above 689,355 shares. If that breakout triggers soon, then LDK will set up to re-test or possibly take out its next major overhead resistance levels at $1.25 to $1.33. Any high-volume move above those levels will then put $1.62 to $1.70 into focus for shares of LDK.

Keryx Biopharmaceuticals (KERX)

This is a biopharmaceutical company focused on the acquisition, development and commercialization of medically important pharmaceutical products for the treatment of cancer and renal disease. This stock is trading up 2.3% to $3.00 in recent trading.

Today’s Range: $2.93-$3.00

52-Week Range: $1.28-$5.19

Volume: 398,000

Three-Month Average Volume: 1.28 million

This stock is trending higher ahead of a data release for the results from a 4 key Phase II trials for its primary drug candidate, Zerenex. That data is expected to be released in the next several weeks.

From a technical perspective, KERX is bouncing higher here right off some near-term support at $2.80 with light volume. This action is quickly pushing KERX within range of triggering a major breakout trade. That trade will hit once KERX manages to clear $3 to $3.08 with high volume. If those levels get taken out, then KERX will have nothing but a gap down zone above it for resistance, since the stock gapped down in April from $5 to below $1.75.

Traders should now look for long-biased trades in KERX as long as it’s trending above its 50-day at $2.68, and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.28 million shares. If that breakout triggers soon, then KERX will set up to re-fill some of that massive gap from April. Some possible upside targets are $4 to $5 in the near future.

Progenics Pharmaceuticals (PGNX)

This is a biopharmaceutical company, which develops and commercializes innovative therapeutic products to treat the unmet medical needs of patients with debilitating conditions and life-threatening diseases. This stock is trading up 6.6% to $2.25 in recent trading.

Today’s Range: $2.03-$2.52

52-Week Range: $1.41-$11.34

Volume: 2.47 million

Three-Month Average Volume: 263,297

Shares of PGNX are spiking notably higher today after the company priced its underwritten public offering of 11 million shares of common stock at $2 per share.

From a technical perspective, PGNX is bouncing higher here right off some near-term support at $2 with heavy upside volume. This move is quickly pushing PGNX within range of triggering a near-term breakout trade. That trade will hit once PGNX manages to take out some near-term overhead resistance at $2.52 to its 50-day at $2.68 with high volume.

Traders should now look for long-biased trades in PGNX as long as it’s trending above $2, and then once it sustains a move or close above those breakout levels with volume that hits near or above 263,297 million shares. If that breakout trigger soon, then PGNX will set up to re-test or possibly take out its next major overhead resistance levels at $3.01 to $3.30.

Novogen (NVGN)

This company researches, develops & markets pharmaceutical products. It offers its products therapeutic area cancer, heart disease, inflammatory bowel disease & other chronic inflammatory diseases & also provides health supplements. This stock is trading up 6.5% to $6.05 in recent trading.

Today’s Range: $5.50-$6.50

52-Week Range: $1.47-$13.75

Volume: 40,000

Three-Month Average Volume: 34,074

From a technical perspective, NVGN is spiking notably higher here right off some near-term support at $5.50 with above-average volume. This stock has been uptrending very strong for the last month, with shares soaring from a low of $1.47 to its recent high of $7.15. During that move, shares of NVGN have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed NVGN within range of triggering a major breakout trade. That trade will hit once NVGN manages to take out some near-term overhead resistance at $6.98 to $7.15 with high volume.

Traders should now look for long-biased trades in NVGN as long as it’s trending above $5.50, and then once it sustains a move or close above those breakout levels with volume that hits near or above 34,074 shares. If NVGN triggers that breakout, then the stock will set up to re-test or possibly take out its next significant overhead resistance levels at $8.25 to $9.35. Any high-volume move above $9.35 will then put $11 into focus for shares of NVGN.

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 Winderemere, Fla.

To see this week's trades in action, check out the Technical Setups for the Week portfolio on Stockpickr.

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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 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.