DELAFIELD, Wis. (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.

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

Westport Innovations

Westport Innovations (WPRT) - Get Westport Fuel Systems, Inc. Report provides low-emission engine and fuel system technologies utilizing gaseous fuels. This stock closed up 3% to $6.18 in Tuesday’s trading session.

Tuesday's Range: $5.99-$6.21
52-Week Range: $5.29-$24.75
Tuesday's Volume: 1.34 million
Three-Month Average Volume: 883,065

From a technical perspective, WPRT trended notably higher here right off some near-term support around $6 with above-average volume. This stock has been hit with some incredible downside volatility over the last month and change, with shares plunging lower from its high of $15.13 to its new 52-week low of $5.29. That downside volatility was amplified a few weeks ago when shares of WPRT gapped down sharply lower from close to $11 to under $8 with massive downside volume. That said, shares of WPRT have now started to rebound off that $5.29 low and it's quickly moving within range of triggering a near-term breakout trade. That trade will hit if WPRT manages to take out Tuesday's intraday high of $6.21 to some more key near-term overhead resistance levels at $6.71 to $7 with high volume.

Traders should now look for long-biased trades in WPRT as long as it's trending above $6 or above its new 52-week low of $5.29 then once it sustains a move or close above those breakout levels with volume that hits near or above 883,065 shares. If that breakout starts soon, then WPRT will set up to re-test or possibly take out its next major overhead resistance levels at $8 to its gap-down-day high of $8.25. Any high-volume move above those levels will then give WPRT a chance to re-fill some of its previous gap-down-day zone that started near $11.

Arcos Dorados

Arcos Dorados (ARCO) - Get Arcos Dorados Holdings, Inc. Class A Report is an Argentina-based company engaged in the operation of McDonald’s franchisees. This stock closed up 4.6% to $6.29 in Tuesday’s trading session.

Tuesday's Range: $6.01-$6.34
52-Week Range: $5.40-$12.67
Tuesday's Volume: 612,000
Three-Month Average Volume: 847,229

From a technical perspective, ARCO ripped sharply higher here right off some near-term support at $6 with lighter-than-average volume. This spike to the upside on Tuesday is quickly pushing shares of ARCO within range of triggering a major breakout trade. That trade will hit if ARCO manages to take out some key near-term overhead resistance levels at $6.41 to its 50-day moving average of $6.55 and then above more resistance at $7 with high volume.

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Traders should now look for long-biased trades in ARCO as long as it's trending above some near-term support at $6 and then once it sustains a move or close above those breakout levels with volume that hits near or above 847,229 shares. If that breakout gets going soon, then ARCO will set up to re-test or possibly take out its next major overhead resistance levels at $8 to its 200-day moving average of $8.79.

Autobytel

Autobytel (ABTL) operates as an automotive marketing services company in the U.S. This stock closed up 4.3% to $9.12 in Tuesday’s trading session.

Tuesday's Range: $8.76-$9.50
52-Week Range: $7.40-$18.82
Tuesday's Volume: 182,195
Three-Month Average Volume: 130,017

From a technical perspective, ABTL ripped higher here right above its 50-day moving average of $8.65 and right above some more near-term support at $8.61 with above-average volume. This strong spike to the upside on Tuesday is quickly pushing shares of ABTL within range of triggering a major breakout trade. That trade will hit if ABTL manages to take out some key near-term overhead resistance levels at $9.76 to $9.91 with high volume.

Traders should now look for long-biased trades in ABTL as long as it's trending above some key near-term support at $8.61 and then once it sustains a move or close above those breakout levels with volume that hits near or above 130,017 shares. If that breakout develops soon, then ABTL will set up to re-fill some of its previous gap-down-day zone from late July that started just above $11.

To see more stocks that are making notable moves higher, 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.