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DELAFIELD, Wis. (Stockpickr) – As part of your daily routine as an active trader or investor, you should be tracking the stocks in the market that are making the biggest percentage gains and the biggest percentage losses.

Stocks that are making large moves to the upside 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 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.

Basic Energy Services

Basic Energy Services (BAS) - Get Basic Energy Services, Inc. Report provides well site services to oil and natural gas drilling and producing companies in the U.S. This stock is trading up 5.6% to $7.73 in Tuesday's trading session.

Tuesday's Range: $7.32-$7.78
52-Week Range: $5.01-$29.84
Tuesday's Volume: 1.07 million
Three-Month Average Volume: 3.56 million

From a technical perspective, BAS is jumping sharply higher here and breaking out above some near-term overhead resistance at $7.54 with decent upside volume flows. This stock recently formed a double bottom chart pattern right off its 50-day moving average, after buyers stepped in and supported the stock at $6.34 to $6.57. This spike to the upside on Tuesday is now quickly pushing shares of BAS within range of triggering a much bigger breakout trade. That trade will hit if BAS manages to clear some key near-term overhead resistance levels at $7.80 to $8.18 with high volume.

Traders should now look for long-biased trades in BAS as long as it's trending above its 50-day moving average of $6.63 or above those double bottom support levels and then once it sustains a move or close above those breakout levels with volume that hits near or above 3.56 million shares. If that breakout kicks off soon, then BAS will set up to re-test or possibly take out its next major overhead resistance levels at $10 to $12.

Willbros Group

Willbros Group (WG) operates as an energy infrastructure contractor serving the oil, gas, refinery, petrochemical, and power industries worldwide. This stock is trading up 3.1% to $6.49 in Tuesday's trading session.

Tuesday's Range: $6.25-$6.58
52-Week Range: $3.96-$13.69
Tuesday's Volume: 108,000
Three-Month Average Volume: 517,937

From a technical perspective, WG is spiking notably higher here right above some near-term support at $6.13 and right above its 50-day moving average of $5.96 with lighter-than-average volume. This spike to the upside on Tuesday is now starting to push shares of WG within range of triggering a major breakout trade above some key near-term overhead resistance levels. That trade will hit if WG manages to take out some near-term overhead resistance at $6.77 to $7.04 with high volume.

Traders should now look for long-biased trades in WG as long as it's trending above some near-term support at $6.13 or above its 50-day moving average at $5.96 and then once it sustains a move or close above those breakout levels with volume that hits near or above 517,937 shares. If that breakout begins soon, then WG will set up to re-fill its previous gap-down-day zone from last October that started at $7.75.

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Bellatrix Exploration

Bellatrix Exploration (BXE) - Get Bellatrix Exploration Ltd. Report, is engaged in the exploration for and the acquisition, development and production of oil and natural gas reserves in Canada. This stock is trading up 7% to $3.02 in Tuesday's trading session.

Tuesday's Range: $2.86-$3.07
52-Week Range: $1.86-$10.70
Tuesday's Volume: 537,000
Three-Month Average Volume: 711,775

From a technical perspective, BXE is ripping sharply higher here right off its 50-day moving average of $2.82 with strong upside volume flows. This stock has been uptrending big for the last month, with shares moving higher from its low of $1.86 to its recent high of $3.16. During that uptrend, shares of BXE have been making mostly higher lows and higher highs, which is bullish technical price action. This spike to the upside on Tuesday is now quickly pushing shares of BXE within range of triggering a major breakout trade. That trade will hit if BXE manages to clear some key near-term overhead resistance at $3.16 with high volume.

Traders should now look for long-biased trades in BXE as long as it’s trending above its 50-day moving average of $2.82 or above more near-term support at $2.67 and then once it takes out those breakout levels with volume that hits near or above 711,775 shares. If that breakout triggers soon, then BXE will set up to re-test or possibly take out its next major overhead resistance level at $3.81 to $3.91, or even $4.28.

PhotoMedex

PhotoMedex (PHMD) , a skin health company, provides integrated disease management and aesthetic solutions to dermatologists, professional aestheticians and consumers in North America, the Asia Pacific, Europe and South America. This stock is trading up 5.6% to $1.88 in Tuesday's trading session.

Tuesday's Range: $1.75-$1.94
52-Week Range: $1.01-$16.82
Tuesday's Volume: 62,000
Three-Month Average Volume: 657,442

From a technical perspective, PHMD is ripping sharply higher here right above its 50-day moving average of $1.63 with lighter-than-average volume. This spike to the upside is now quickly pushing shares of PHMD within range of triggering a major breakout trade above some key near-term overhead resistance levels. That trade will hit if PHMD manages to take out some key near-term overhead resistance levels at $1.93 to $2.15 with high volume.

Traders should now look for long-biased trades in PHMD as long as it's trending above some key near-term support levels at its 50-day moving average of $1.63 or above more support at $1.52 and then once it sustains a move or close above those breakout levels with volume that hits near or above 657,442 shares. If that breakout hits soon, then PHMD will set up to re-test or possibly take out its next major overhead resistance level at $2.95.

-- Written by Roberto Pedone in Delafield, Wis.

This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.