DELAFIELD, Wis. (Stockpickr) -- 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.

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.

TCP International

TCPI data by YCharts

Image placeholder title

TCP International (TCPI) , together with its subsidiaries, designs, develops, manufactures and markets lamps, fixtures and Internet-based lighting control solutions to the retail, commercial and industrial customers worldwide. This stock is trading up 1.5% to $4.55 share in Thursday's trading session.

  • Thursday's Range: $4.52-$4.58
  • 52-Week Range: $1.76-$11.00
  • Thursday's Volume: 24,000
  • Three-Month Average Volume: 226,219

From a technical perspective, TCP International is trending modestly higher here right above its 20-day moving average of $4.33 with very light volume. This stock recently trigger a breakout above some key near-term overhead resistance levels at $4.47 to $4.54 a share with strong upside volume flows. Shares of TCP International are now starting to spike to the upside and this stock is beginning to trend within range of triggering a much bigger breakout trade. That trade will hit if this stock manages to take out some key near-term overhead resistance levels at $4.87 to its 200-day moving average of $5.06 with high volume.

Traders should now look for long-biased trades in TCP International as long as it's trending above its 20-day at $4.33 or above its 50-day at $4.13 and then once it sustains a move or close above those breakout levels with volume that registers near or above 226,219 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 $6.50 to $7.

Legacy Reserves

LGCY data by YCharts

Image placeholder title

Legacy Reserves (LGCY) owns and operates oil and natural gas properties in the U.S. This stock is trading up 12.9% to $9.83 in Thursday's trading session.

  • Thursday's Range: $8.95-$9.94
  • 52-Week Range: $7.70-$32.61
  • Thursday's Volume: 406,000
  • Three-Month Average Volume: 503,338

From a technical perspective, Legacy Reserves LP is exploding higher here right off its 20-day moving average of $9.18 with decent upside volume flows. This stock has been uptrending over the last few weeks, with shares moving higher from its low of $7.70 to its recent high of $10 a share. During that uptrend, shares of Legacy have been making mostly higher lows and higher highs, which is bullish technical price action. This spike higher on Thursday is now quickly pushing shares of Legacy Reserves LP within range of triggering a major breakout trade. That breakout will trigger if this stock manages to take out some key near-term overhead resistance levels at $10 to $10.16 and then above its 50-day moving average of $10.30 with high volume.

Traders should now look for long-biased trades in Legacy Reserves LP as long as it's trending above its 20-day at $9.18 and then once it sustains a move or close above those breakout levels with volume that hits near or above 503,338 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 $12 to $13 a share, or even $14 a share.

TetraLogic Pharmaceuticals

TLOG data by YCharts

Image placeholder title

TetraLogic Pharmaceuticals (TLOG) , a clinical-stage biopharmaceutical company, focuses on discovering and developing small molecule therapeutics in oncology and infectious diseases. This stock is trading up 4.2% to $2.43 in Thursday's trading session.

  • Thursday's Range: $2.28-$2.43
  • 52-Week Range: $1.45-$6.30
  • Thursday's Volume: 61,000
  • Three-Month Average Volume: 279,035

From a technical perspective, TetraLogic Pharmaceuticals is spiking sharply higher here right above some near-term support at $2.25 and back above its 20-day moving average of $2.35 with lighter-than-average volume. This stock has formed a triple bottom chart pattern over the last month or so, with shares finding buying interest at $2.21, $2.26 and $2.25 a share. This stock is now starting to spike higher off those support levels and it's quickly moving within range of triggering a big breakout trade. That breakout will trigger if this stock manages to take out some key near-term overhead resistance levels at $2.51 to its 50-day moving average of $2.54 with high volume.

Traders should now look for long-biased trades in TetraLogic Pharmaceuticals as long as it's trending above those triple bottom support levels or above more key support at $2.15 and then once it sustains a move or close above those breakout levels with volume that hits near or above 279,035 shares. If that breakout materializes soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $3 to $3.75 a share.

Agile Therapeutics

AGRX data by YCharts

Image placeholder title

Agile Therapeutics (AGRX) - Get Report, a specialty pharmaceutical company, focuses on the development and commercialization of prescription contraceptive products for women. This stock is trading up 5.4% to $9.91 in Thursday's trading session.

  • Thursday's Range: $9.48-$9.91
  • 52-Week Range: $5.77-$13.19
  • Thursday's Volume: 48,000
  • Three-Month Average Volume: 109,308

From a technical perspective, Agile Therapeutics is ripping higher here right above its 20-day moving average of $9.11 with lighter-than-average volume. This spike to the upside on Thursday is quickly pushing shares of Agile Therapeutics within range of triggering a major breakout trade above some key near-term overhead resistance levels. That breakout will trigger if this stock manages to take out some near-term overhead resistance levels at $9.95 to its 50-day moving average of $10.07 with high volume.

Traders should now look for long-biased trades in Agile Therapeutics as long as it's trending above its 20-day at $9.11 and then once it sustains a move or close above those breakout levels with volume that hits near or above 109,308 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 $11.50 to $12 a share.

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