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.

Azure Midstream Partners

  • Tuesday's Range: $8.25-$8.51
  • 52-Week Range: $7.00-$24.18
  • Tuesday's Volume: 50,000
  • Three-Month Average Volume: 118,916

Azure Midstream Partners (AZUR) acquires, owns, develops and operates midstream energy assets in the U.S. This stock is trading up 2.4% to $8.40 in Tuesday's trading session.

From a technical perspective, Azure Midstream Partners is spiking slightly higher here right above some near-term support at $8 a share with lighter-than-average volume. This relative strength on Tuesday versus the overall market weakness is now starting to push this stock within range of triggering a near-term breakout trade. That trade will trigger if this stock manages to take out some key near-term overhead resistance levels at $8.47 to its 20-day moving average of $8.57 with high volume.

Traders should now look for long-biased trades in Azure Midstream Partners as long as it's trending above some near-term support at $8 or above more support at $7.56 and then once it sustains a move or close above those breakout levels with volume that hits near or above 118,916 shares. If that breakout hits soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $9.38 to its 50-day moving average of $9.57, or even $9.84 to $10.50 a share.

TransAlta

  • Tuesday's Range: $4.49-$4.70
  • 52-Week Range: $4.21-$10.92
  • Tuesdays Volume: 117,000
  • Three-Month Average Volume: 172,141

TransAlta (TAC) - Get Report operates as a non-regulated electricity generation and energy marketing company in Canada, the U.S., and Western Australia. This stock is trading up 8.3% to $1.81 in Tuesday's trading session.

From a technical perspective, TransAlta is spiking higher here and showing some relative strength versus the overall market weakness and spiking back above its 20-day moving average of $4.62 with decent upside volume flows. This spike to the upside on Tuesday is now quickly pushing this stock within range of triggering a near-term 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 $4.86 to $5 a share with high volume.

Traders should now look for long-biased trades in TransAlta as long as it's trending above Tuesday's intraday low of $4.49 or above its new 52-week low of $4.21 and then once it sustains a move or close above those breakout levels with volume that hits near or above 172,141 shares. If that breakout gets set off soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $5.27 to its 50-day moving average of $5.41, or even $5.75 to $6 a share.

Aoxing Pharmaceutical

  • Tuesday's Range: $1.59-$1.69
  • 52-Week Range: $0.18-$3.48
  • Tuesday's Volume: 35,000
  • Three-Month Average Volume: 347,114

Aoxing Pharmaceutical (SGY) , a specialty pharmaceutical company, researches, develops, manufactures, and distributes various narcotic, pain-management, and addiction treatment pharmaceutical products primarily in the People's Republic of China. This stock is trading up 4.4% to $1.66 in Tuesday's trading session.

From a technical perspective, Aoxing Pharmaceutical is spiking notably higher here right off its 50-day moving average of $1.59 with lighter-than-average volume. This stock has been consolidating and trending sideways over the last month or so, with shares moving between $1.48 on the downside and $1.80 on the upside. This move higher on Tuesday is now starting to push shares of Aoxing Pharmaceutical within range of triggering a near-term breakout trade above the upper-end of its recent sideways trending chart pattern. That breakout will hit if this stock manage to take out some overhead resistance levels at $1.80 to $1.85 and then above more resistance at $1.90 a share with high volume.

Traders should now look for long-biased trades in Aoxing Pharmaceutical as long as it's trending above some key near-term support levels at $1.55 or at $1.48 and then once it sustains a move or close above those breakout levels with volume that hits near or above 347,114 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 $2 to $2.27, or even $2.50 to $2.60 a share.

Gulfmark Offshore

  • Tuesday's Range: $7.03-$7.65
  • 52-Week Range: $6.62-$35.13
  • Tuesday's Volume: 199,000
  • Three-Month Average Volume: 548,419

Gulfmark Offshore (GLF) provides offshore marine support and transportation services primarily to the companies involved in the offshore exploration and production of oil and natural gas. This stock is trading up 4.9% to $7.45 in Tuesday's trading session.

From a technical perspective, Gulfmark Offshore is ripping higher here right above some near-term support levels at $7 to $6.88 with lighter-than-average volume. This stock has been downtrending badly over the last five months, with shares falling sharply off its high of $16.43 to its new 52-week low of $6.62. During that downtrend, this stock has been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of Gulfmark Offshore have now started to rebound off that $6.62 low and it's quickly moving within range of triggering a big breakout trade. That trade will hit if this stock manages to take out some key near-term overhead resistance levels at its 20-day moving average of $7.66 to $8.05 and then above its 50-day moving average of $8.44 with high volume.

Traders should now look for long-biased trades in Gulfmark Offshore as long as it's trending above $7 or above more near-term support at $6.88 and then once it sustains a move or close above those breakout levels with volume that registers near or above 548,419 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 $9.04 to $9.20, or even $9.77 to $10.68 a share.

Key Energy Services

  • Tuesday's Range: $0.53-$0.58
  • 52-Week Range: $0.52-$5.27
  • Tuesday's Volume: 1.39 million
  • Three-Month Average Volume: 3.05 million


Key Energy Services
(KEG) - Get Report operates as an onshore rig-based well servicing contractor in the U.S. and internationally. This stock is trading up 7.2% to 57 cents per share in Tuesday's trading session.

From a technical perspective, Key Energy Services is ripping higher here right above some near-term support at 52 cents per share with lighter-than-average volume. This stock recently formed a double bottom chart pattern, after shares found buying interest at 50 cents to 52 cents per share. Following that bottom, shares of Key Energy Services have now started to spike higher 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 its 20-day moving average of 61 cents to more resistance at around 62 cents per share with high volume.

Traders should now look for long-biased trades in Key Energy Services as long as it's trending 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 3.05 million 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 68 cents to 70 cents, or even 74 cents to 78 cents per share.

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