DELAFIELD, Wis. (Stockpickr) – As part of your daily routine as an active trader or investor, you should be tracking 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 because they can jump into these names and try to capture some of that massive volatility. Stocks that are making big-percentage moves either up or down 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.

FuelCell Energy

FuelCell Energy  (FCEL - Get Report), together its subsidiaries, designs, manufactures, sells, installs, operates and services stationary fuel cell power plants for distributed power generation. This stock is trading up 3% to $1.32 in Thursday's trading session.

Thursday's Range: $1.28-$1.33
52-Week Range: $1.05-$4.74
Thursday's Volume: 1.53 million
Three-Month Average Volume: 3.66 million

From a technical perspective, FCEL is trending higher here right above some key near-term support at $1.24 with decent upside volume flows. This stock has been uptrending for the last month and change, with shares moving higher from its low of $1.05 to its recent high of $1.40. During that uptrend, shares of FCEL have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of FCEL within range of triggering a major breakout trade above some key near-term overhead resistance levels. That trade will trigger if FCEL manages to take out its 50-day moving average of $1.33 and then once it clears some more key near-term overhead resistance levels at $1.36 to $1.40 with high volume.

Traders should now look for long-biased trades in FCEL as long as it's trending above some key near-term support at $1.24 and then once it sustains a move or close above those breakout levels with volume that registers near or above 3.66 million shares. If that breakout develops soon, then FCEL will set up to re-test or possibly take out its next major overhead resistance levels at $1.75 to $1.77, or even $1.83 to $2.

Globalstar

Globalstar  (GSAT - Get Report) provides mobile voice and data communications services through satellite worldwide. This stock is trading up 2.6% to $2.76 in Thursday's trading session.

Thursday's Range: $2.67-$2.80
52-Week Range: $1.56-$4.53
Thursday's Volume: 1.06 million
Three-Month Average Volume: 2.70 million

From a technical perspective, GSAT is spiking notably higher here right above its 50-day moving average of $2.58 with decent upside volume flows. This spike to the upside on Thursday has briefly pushed shares of GSAT into breakout territory, since the stock has flirted with some near-term overhead resistance levels at $2.76 to $2.78. This move is now starting to push shares of GSAT within range of triggering a much bigger breakout trade above some past overhead resistance levels. That trade will hit if GSAT manages to take out Thursday's intraday high of $2.80 and then once it clears more key resistance levels at $3.09 to its 200-day moving average of $3.19 with high volume.

Traders should now look for long-biased trades in GSAT as long as it's trending above its 50-day at $2.58 or above some more key near-term support at $2.43 and then once it sustains a move or close above those breakout levels with volume that hits near or above 2.70 million shares. If that breakout kicks off soon, then GSAT will set up to re-test or possibly take out its next major overhead resistance levels at $4.03 to $4.20.

Marchex

Marchex  (MCHX - Get Report) operates as a mobile and call advertising technology company in the U.S. and Canada. This stock is trading up 3.3% to $4.28 in Thursday's trading session.

Thursday's Range: $4.08-$4.30
52-Week Range: $3.15-$12.84
Thursday's Volume: 35,000
Three-Month Average Volume: 229,580

From a technical perspective, MCHX is spiking higher here right above some near-term support at $4.05 with lighter-than-average volume. This stock has recently formed a major bottoming chart pattern over the last month and change, with shares finding buying interest at $3.81, $3.79 and $3.92 a share. Following that bottom, shares of MCHX have started to trend modestly higher and it's now quickly moving within range of triggering a major breakout trade. That trade will hit if MCHX manages to take out some key near-term overhead resistance levels at $4.59 to $4.66 with high volume.

Traders should now look for long-biased trades in MCHX as long as it's trending above some near-term support at $4.05 or above those major bottoming support levels and then once it sustains a move or close above those breakout levels with volume that hits near or above 229,580 shares. If that breakout kicks off soon, then MCHX will set up to re-test or possibly take out its next major overhead resistance levels at $4.89 to $5.26. Any high-volume move above $5.26 will then give MCHX a chance to re-fill some of its previous gap-down-day zone from last September that started near $8.

LRR Energy

LRR Energy  (LRE) operates, acquires, exploits and develops oil and natural gas properties in North America. This stock is trading up 4.2% to $8.43 in Thursday's trading session.

Thursday's Range: $7.82-$8.60
52-Week Range: $5.61-$20.11
Thursday's Volume: 213,000
Three-Month Average Volume: 367,423

From a technical perspective, LRE is spiking sharply higher here right above some near-term support at $7.51 with decent upside volume flows. This stock has been consolidating and trending sideways over the last month, with shares moving between $7.51 on the downside and $8.80 on the upside. This spike to the upside on Thursday is now quickly pushing shares of LRE within range of triggering a major breakout trade. That trade will hit if LRE manages to clear some key near-term overhead resistance levels at $8.50 to $8.80 with high volume.

Traders should now look for long-biased trades in GSAT as long as it's trending above some key near-term support at $7.51 or above its 50-day moving average of $7.01 and then once it sustains a move or close above those breakout levels with volume that hits near or above 367,423 shares. If that breakout begins soon, then LRE will set up to re-test or possibly take out its next major overhead resistance levels at $10 to $12.

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