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.

Carbonite

  • Tuesday's Range: $9.41-$9.67
  • 52-Week Range: $8.40-$15.43
  • Tuesdays Volume: 68,000
  • Three-Month Average Volume: 93,148

Carbonite (CARB) - Get Report  provides cloud and hybrid backup solutions to small and medium-sized businesses and individuals in the U.S. This stock traded up 2.7% to $9.64 in Tuesday's trading session.

From a technical perspective, Carbonite trended modestly higher on Tuesday right above some near-term support at $9.16 a share with lighter-than-average volume. This stock has been uptrending a bit over the last month, with shares moving higher off its low of $8.40 to its recent high of $10.01 a share. During that move, shares of Carbonite have been making mostly higher lows and higher highs, which is bullish technical price action. This spike higher on Tuesday is now quickly pushing this stock within range of triggering a big breakout trade above some key near-term overhead resistance levels. That trade will trigger if this stock manages to clear some near-term overhead resistance levels at its 50-day moving average of $9.73 a share and then once it clears more key resistance at $10.01 to $10.16 a share with high volume.

Traders should now look for long-biased trades in Carbonite as long as it's trending above some key near-term support levels at $9.16 or at $9 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 93,148 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 its 200-day moving average o $10.94 to $11, or even $11.25 to $11.50 a share.

IntelliPharmaCeutics

  • Tuesday's Range: $2.17-$2.41
  • 52-Week Range: $1.73-$3.92
  • Tuesday's Volume: 248,000
  • Three-Month Average Volume: 60,800

IntelliPharmaCeutics (IPCI) , a pharmaceutical company, engages in the research, development and manufacture of novel and generic controlled and targeted release oral solid dosage drugs in Canada. This stock traded up 5.2% to $2.41 in Tuesday's trading session.

From a technical perspective, IntelliPharmaCeutics spiked sharply higher on Tuesday right above its 20-day moving average of $2.06 a share with strong upside volume flows. This high-volume trend to the upside is now quickly pushing shares of IntelliPharmaCeutics 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 $2.42 to its 200-day moving average of $2.52 a share with high volume.

Traders should now look for long-biased trades in IntelliPharmaCeutics as long as it's trending above $2.20 or above its 50-day moving average of $2.01 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 60,800 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 $3 to around $3.50 a share.

Container Store Group

  • Tuesday's Range: $4.60-$5.03
  • 52-Week Range: $4.02-$23.50
  • Tuesday's Volume: 1.74 million
  • Three-Month Average Volume: 472,631

Container Store Group (TCS) - Get Report  engages in the retailing of storage and organization products in the U.S. This stock traded up 10.5% to $4.93 in Tuesday's trading session.

From a technical perspective, Container Store Group spiked sharply higher on Tuesday with strong upside volume flows. This high-volume spike is coming off extremely oversold levels, since the current relative strength index for the Container Store Group is 25.5. Oversold can always get more oversold, but it's also a level where a stock can make a powerful bounce higher from if buyers show up. Shares of the Container Store Group are now quickly moving within range of triggering a major breakout trade above some key near-term overhead resistance. That trade will trigger if this stock manages to take out Tuesday's intraday high of $5.03 a share and then above its recent gap-down-day high of $5.15 a share with high volume.

Traders should now look for long-biased trades in Container Store Group as long as it's trending above Tuesday's intraday low of $4.60 a share or above its new 52-week low of $4.02 a share and then once it sustains a move or close above those breakout levels with volume that registers near or above 472,631 shares. If that breakout materializes soon, then this stock will set up to re-fill some of its previous gap-down-day zone from a few days ago that started near $8 a share.

Broadwind Energy

  • Tuesday's Range: $2.12-$2.26
  • 52-Week Range: $1.75-$5.75
  • Tuesday's Volume: 79,000
  • Three-Month Average Volume: 77,448

Broadwind Energy (BWEN) - Get Report  provides products and services to the energy, mining, and infrastructure sector customers primarily in the U.S. This stock traded up 5% to $2.26 in Tuesday's trading session.

From a technical perspective, Broadwind Energy ripped sharply higher on Tuesday right off its 20-day moving average of $2.12 with decent upside volume flows. This stock recently formed a double bottom chart pattern, after shares found some buying interest over the last few weeks at $1.96 to $1.95 a share. Following that bottom, shares of Broadwind Energy have now started to trend back above both its 50-day and 20-day moving averages, and it's now quickly moving within range of triggering a big breakout trade. That trade will trigger if this stock manages to take out Tuesday's intraday high of $2.26 and then once it clears more key resistance at $2.37 a share with high volume.

Traders should now look for long-biased trades in Broadwind Energy as long as it's trending above its 50-day moving average of $2.03 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 77,448 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 around $2.60 to $2.80, or even $3 to $3.20 a share.

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