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.

NeoPhotonics

<NPTN data by YCharts

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NeoPhotonics(NPTN) - Get Report designs and manufactures hybrid photonic integrated optoelectronic modules and subsystems for bandwidth-intensive, high-speed communications networks. This stock is trading up 6% to $9.09 in Thursday's trading session.

  • Thursday's Range: $8.56-$9.31
  • 52-Week Range: $2.20-$11.19
  • Thursday's Volume: 209,000
  • Three-Month Average Volume: 698,079

From a technical perspective, NeoPhotonics is ripping sharply higher here right off some key near-term support at $8.55 and back above both its 20-day moving average of $8.87 and its 50-day moving average of $8.93 with lighter-than-average volume. This stock has been attempting to carve out a major bottom over the last month or so, with shares finding buying interest at $8.45, $8.30 and $8.55 a share.

Shares of NeoPhotonics are now starting to rip higher off those support levels 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 key near-term overhead resistance at $9.44 to $9.72 and then above more resistance at around $10 a share with high volume.

Traders should now look for long-biased trades in NeoPhotonics as long as it's trending above some key near-term support at $8.55 and then once it sustains a move or close above those breakout levels with volume that hits near or above 698,079 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 $11 to its 52-week high of $11.19 a share. Any high-volume move above $11.19 will then give this stock a chance to tag or trend north of $12 a share.

MBIA

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MBIA(MBI) - Get Report provides financial guarantee insurance services to public finance markets in the U.S. and internationally. This stock is trading up 8.1% to $6.30 in Thursday's trading session.

  • Thursday's Range: $5.83-$6.32
  • 52-Week Range: $4.94-$10.65
  • Thursday's Volume: 2.98 million
  • Three-Month Average Volume: 4.96 million

From a technical perspective, MBIA is ripping sharply higher here right above some key near-term support at $5.70 with decent upside volume flows. This stock recently gapped down sharply to the downside from over $8.50 to its new 52-week low of $4.94 a share.

Following that move, shares of MBIA have started to rebound large to the upside and this stock is now quickly moving within range of triggering a major breakout trade above some key near-term overhead resistance levels. That trade will trigger if this stock manage to take out some key near-term overhead resistance levels at $6.40 to just over $6.50 with high volume.

Traders should now look for long-biased trades in MBIA as long as it's trending above Thursday's intraday low of $5.82 or above that key near-term support at $5.70 and then once it sustains a move or close above those breakout levels with volume that hits near or above 4.96 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 level at its recent gap-down-day high just under $7.50 a share.

MagnaChip

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MagnaChip(MX) - Get Report, together with its subsidiaries, designs and manufactures analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive and Internet of things applications worldwide. This stock is trading up 1.6% to $8.65 in Thursday's trading session.

  • Thursday's Range: $8.53-$8.75
  • 52-Week Range: $4.89-$15.72
  • Thursday's Volume: 136,000
  • Three-Month Average Volume: 450,306

From a technical perspective, MagnaChip is spiking modestly higher here right above some near-term support at $8.22 with lighter-than-average volume. This stock has been uptrending tremendously strong over the last three months, with shares moving higher from its low of $5 to its intraday high of $8.75. During that monster uptrend, shares of MagnaChip have been consistently making higher lows and higher highs, which is bullish technical price action.

This bump to the upside on Thursday is now quickly pushing shares of MagnaChip within range of triggering a big breakout trade above some key near-term overhead resistance levels. That breakout will trigger if this stock manages to take out some key near-term overhead resistance levels at $8.69 to its 200-day moving average of $9.05 with high volume.

Traders should now look for long-biased trades in MagnaChip as long as it's trending above Thursday's intraday low of $8.53 or above more near-term support at $8.22 and then once it sustains a move or close above those breakout levels with volume that hits near or above 450,306 shares. If that breakout hits soon, then this stock will set up to re-fill some of its previous gap-down-day zone from February that started around $15 a share.

Neuralstem

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Neuralstem(CUR) - Get Report, a biopharmaceutical company, focuses on the development and commercialization of regenerative medicine treatments based on its human neuronal stem cells and small molecule compounds. This stock is trading up 6.5% to $1.79 share in Thursday's trading session.

  • Thursday's Range: $1.70-$1.80
  • 52-Week Range: $1.46-$4.11
  • Thursday's Volume: 336,000
  • Three-Month Average Volume: 698,914

From a technical perspective, Neuralstem is spiking sharply to the upside here right above some near-term support at $1.68 with lighter-than-average volume. This stock has recently formed a double bottom chart pattern, since buyers stepped in over the last few weeks at $1.65 to $1.68 a share.

Shares of Neuralstem are now quickly starting to trend within range of triggering a near-term breakout trade above some key overhead resistance levels. That trade will hit if this stock manages to take out some near-term overhead resistance levels at its 50-day moving average of $1.81 to $1.89 and then above more resistance levels at $2 to $2.02 with high volume.

Traders should now look for long-biased trades in Neuralstem as long as it's trending above those double bottom support levels and then once it sustains a move or close above those breakout levels with volume that registers near or above 698,914 shares. If that breakout gets started soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $2.26 to $2.39, or even its 200-day moving average of $2.52.

Idera Pharmaceuticals

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Idera Pharmaceuticals(IDRA) - Get Report, a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of novel therapeutics for oncology and rare diseases in the U.S. This stock is trading up 7.7% to $4.07 in Thursday's trading session.

  • Thursday's Range: $3.75-$4.16
  • 52-Week Range: $1.94-$5.48
  • Thursday's Volume: 2.72 million
  • Three-Month Average Volume: 1.68 million

From a technical perspective, Idera Pharmaceuticals is exploding sharply to the upside here and breaking out above some key near-term overhead resistance levels at $3.84 to $3.92 with monster upside volume flows. This move has now pushed shares of Idera Pharmaceuticals above the upper end of its recent sideways trending chart pattern, which saw the stock trend between $3.30 on the downside and $3.90 on the upside.

Market players should now look for a continuation move to the upside in the short-term if this stock manages to clear some more key near-term overhead resistance levels at $4.14 to around $4.20 a share with high volume.

Traders should now look for long-biased trades in Idera Pharmaceuticals as long as it's trending above those recent breakout levels at $3.90 to $3.84 and then once it sustains a move or close above $4.14 to around $4.20 with volume that hits near or above 1.68 million 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 $4.60 to $5 a share, or even its 52-week high of $5.48 a share.

JA Solar

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JA Solar (JASO) , together with its subsidiaries, designs, develops, manufactures and sells photovoltaic solar cells and solar power products based on crystalline silicon technologies. This stock is trading up 3.4% to $7.75 in Thursday's trading session.

  • Thursday's Range: $7.48-$7.77
  • 52-Week Range: $6.77-$10.80
  • Thursday's Volume: 694,000
  • Three-Month Average Volume: 1.60 million

From a technical perspective, JA Solar is spiking sharply higher here right above some near-term support at $7.30 with lighter-than-average volume. This decent spike to the upside on Thursday is now quickly pushing shares of JA Solar 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 its 20-day moving average of $7.86 to some big resistance at $7.91 with high volume.

Traders should now look for long-biased trades in JA Solar as long as it's trending above Thursday's intraday low of $7.48 or above more key near-term support at $7.30 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.60 million 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 its 50-day moving average of $8.54 to its 200-day moving average of $8.72.

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