As part of your daily routine as an active trader or investor, it's important to track 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 who want to capture some of that massive volatility. Stocks that are making big-percentage moves 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.

Stocks that are in favor and making large moves is a segment of the market that I tweet about on a regular basis.These are also the exact type of stocks that I love to trade and alert to my subscribers in real-time.

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.

ConforMIS

  • Tuesday's Range: $9.10-$9.70
  • 52-Week Range: $4.80-$23.62
  • Tuesday's Volume: 248,000
  • Three-Month Average Volume: 324,842

ConforMIS(CFMS) - Get Report , a medical technology company, develops, manufactures and sells customized joint replacement implants. This stock closed up 5.1% to $9.66 in Tuesday's trading session.

From a technical perspective, ConforMIS spiked sharply higher on Tuesday right off some near-term support at $9 a share and right above its 20-day moving average of $8.80 a share with lighter-than-average volume. This stock has been uptrending strong over the last three months, with shares moving higher off its low of $6.05 a share to its recent high of $9.90 a share. During that uptrend, shares of ConforMIS have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed this stock within range of triggering a big breakout trade above some key overhead resistance levels. That trade will trigger if this stock manage to take out some near-term overhead resistance level at $9.90 to its 200-day moving average of $9.98 a share with high volume.

Traders should now look for long-biased trades in ConforMIS as long as it's trending above some near-term support at $9 a share or above its 20-day moving average of $8.80 a share and then once it sustains a move or close above those breakout levels with volume that registers near or above 324,842 shares. If that breakout fires off soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $11 to $12 a share.

Sonus Networks

  • Tuesday's Range: $8.40-$8.85
  • 52-Week Range: $5.15-$10.00
  • Tuesday's Volume: 410,000
  • Three-Month Average Volume: 309,508

Sonus Networks (SONS)  provides networked solutions for communications service providers and enterprises. This stock closed up 3.4% to $8.75 in Tuesday's trading session.

From a technical perspective, Sonus Networks jumped notably higher on Tuesday right off some near-term support at $8.31 a share and back above its 20-day moving average of $8.59 a share with above-average volume. This high-volume jump to the upside is now quickly pushing shares of Sonus Networks within range of triggering a big breakout trade above some key overhead resistance levels. That trade will trigger if this stock manage to take out some near-term overhead resistance levels at $8.86 to $9.05 a share with high volume.

Traders should now look for long-biased trades in Sonus Networks as long as it's trending above some near-term support levels at $8.31 a share or around $8 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 309,508 shares. If that breakout fires off soon, then this stock will set up to re-test or possibly take out its next major overhead resistance level at its 52-week high of $10 a share.

Tronox

  • Tuesday's Range: $8.84-$9.50
  • 52-Week Range: $2.79-$9.92
  • Tuesday's Volume: 761,000
  • Three-Month Average Volume: 951,280

Tronox(TROX) - Get Report  produces and markets titanium bearing mineral sands and titanium dioxide pigment in North America, Europe, South Africa, and the Asia-Pacific region. This stock closed up 5% to $9.34 in Tuesday's trading session.

From a technical perspective, Tronox spiked sharply higher on Tuesday right off its 20-day moving average of $8.90 a share with lighter-than-average volume. This stock has been uptrending strong over the last three months, with shares moving higher off its low of $3.82 a share to its recent high of $9.92 a share. During that uptrend, shares of Tronox have been making mostly higher lows and higher highs, which is bullish technical price action. That strong uptrend has now pushed shares of Tronox within range of triggering a big breakout trade above some key overhead resistance levels. That trade will trigger if this stock manage to take out some near-term overhead resistance at Tuesday's intraday high of $9.50 a share to its 52-week high of $9.92 a share with high volume.

Traders should now look for long-biased trades in Tronox as long as it's trending above its 20-day moving average of $8.90 a share or above some more near-term support at $8.50 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 951,280 shares. If that breakout triggers soon, then this stock will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that move are $11 to $12, or even $13 a share.

TransEnterix

  • Tuesday's Range: $1.50-$1.69
  • 52-Week Range: $1.03-$6.10
  • Tuesday's Volume: 1.16 million
  • Three-Month Average Volume: 761,053

TransEnterix(TRXC) - Get Report , a medical device company, focuses on the development and commercialization of surgical robotic systems. This stock closed up 6.5% to $1.62 in Tuesday's trading session.

From a technical perspective, TransEnterix spiked sharply higher on Tuesday right off its 20-day moving average of $1.47 a share with strong upside volume flows. This high-volume rip to the upside managed to push this stock into breakout territory, after shares of TransEnterix closed above some near-term overhead resistance levels at $1.58 to $1.59 a share. Market players should now look for a continuation move to the upside in the short-term if this stock manages to take out Tuesday's intraday high of $1.69 a share with strong upside volume.

Traders should now look for long-biased trades in TransEnterix as long as it's trending above its 20-day moving average of $1.47 a share or above its 50-day moving average of $1.42 a share and then once it sustains a move or close above Tuesday's intraday high of $1.69 a share with volume that hits near or above 761,053 shares. If that move gets underway soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $1.97 to $2, or even $2.31 to its 200-day moving average of $2.37 a share.

SunPower

  • Tuesday's Range: $8.25-$8.73
  • 52-Week Range: $7.37-$31.10
  • Tuesday's Volume: 2.96 million
  • Three-Month Average Volume: 3.07 million

SunPower(SPWR) - Get Report  designs, manufactures and delivers solar systems to residential, commercial and power plant customers worldwide. This stock closed up 5.2% to $8.70 in Tuesday's trading session.

From a technical perspective, SunPower ripped sharply higher on Tuesday right above some near-term support at $8 a share with decent upside volume flows. This stock has been uptrending a bit over the last few weeks, with shares moving higher off its 52-week low of $7.36 a share to its recent high of $8.74 a share. During that uptrend, shares of SunPower have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed this stock within range of triggering a near-term breakout trade. That trade will trigger if this stock manages to take out some near-term overhead resistance levels at $8.74 to its 20-day moving average of $8.98 a share with high volume.

Traders should now look for long-biased trades in SunPower as long as it's trending above some near-term support at $8 a share or above its new 52-week low of $7.36 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 3.07 million shares. If that breakout kicks off soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $10 to $10.60, or even $11 to its 50-day moving average of $11.33 a share.

Viking Therapeutics

  • Tuesday's Range: $1.30-$1.40
  • 52-Week Range: $1.06-$7.14
  • Tuesday's Volume: 607,000
  • Three-Month Average Volume: 178,670

Viking Therapeutics(VKTX) - Get Report , a clinical-stage biopharmaceutical company, focuses on the development of therapies for metabolic and endocrine disorders. This stock closed up 2.3% to $1.35 in Tuesday's trading session.

From a technical perspective, Viking Therapeutics spiked notably higher on Tuesday back above both its 20-day moving average of $1.31 a share and its 50-day moving average of $1.33 a share with strong upside volume flows. This high-volume bump to the upside is now quickly pushing shares of Viking Therapeutics within range of triggering a big breakout trade above some key overhead resistance levels. That trade will trigger if this stock manages to take out some near-term overhead resistance levels at $1.40 to $1.42 a share with high volume.

Traders should now look for long-biased trades in Viking Therapeutics as long as it's trending above some key near-term support levels at $1.26 to $1.23 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 178,670 shares. If that breakout triggers soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $1.53 to its 200-day moving average of $1.63 a share, or even $1.69 to $180 a share.

Vital Therapies

  • Tuesday's Range: $5.91-$6.33
  • 52-Week Range: $3.76-$11.80
  • Tuesday's Volume: 103,000
  • Three-Month Average Volume: 53,017

Vital Therapies(VTL) - Get Report , a biotherapeutic company, focuses on developing a cell-based therapy for the treatment of acute liver failure in the U.S. This stock closed up 2.4% to $6.18 in Tuesday's trading session.

From a technical perspective, Vital Therapies trended notably higher on Tuesday right off its 20-day moving average of $5.98 a share and back above its 50-day moving average of $6.08 a share with above-average volume. This stock recently formed a double bottom chart pattern, after shares found some buying interest at $5.49 to $5.53 a share. Following that potential bottom, this stock has now started to trend higher and it's quickly moving within range of triggering a big breakout trade. That trade will trigger if this stock manages to take out some near-term overhead resistance levels at $6.33 to $6.53 a share and then above more resistance levels at $6.64 to $6.75 a share with high volume.

Traders should now look for long-biased trades in Vital Therapies as long as it's trending above some near-term support levels at $5.70 a share or above those recent double bottom support levels and then once it sustains a move or close above those breakout levels with volume that hits near or above 53,017 shares. If that breakout develops soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $7.36 to $7.50, or even its 200-day moving average of $7.89 to $8.30 a share.

This article is commentary by an independent contributor. At the time of publication, the author was long VRTX.