DELAFIELD, Wis. (Stockpickr) -- As part of a daily routine as an active trader or investor, one should always 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.

California Resources

California Resources  (CRC - Get Report) operates as an oil and natural gas exploration and production company in California. This stock is trading up 2% to $7.80 in Tuesday's trading session.

Tuesday's Range: $7.41-$7.80
52-Week Range: $3.75-$9.71
Tuesday's Volume: 718,000
Three-Month Average Volume: 7.93 million

From a technical perspective, CRC is spiking modestly higher here right above some near-term support at $7 with lighter-than-average volume. This move to the upside on Tuesday has now pushed shares of CRC into breakout territory, since this stock has taken out some key near-term overhead resistance levels at $7.61 to $7.69. Market players should now look for a continuation move to the upside in the short-term if CRC manages to take out Tuesday's intraday high of $7.81 to $8 a share with high volume.

Traders should now look for long-biased trades in CRC as long as it's trending above some key near-term support at $7 and then once it sustains a move or close above $7.81 to $8 with volume that registers near or above 7.93 million shares. If that move gets started soon, then CRC will set up to re-test or possibly take out its next major overhead resistance levels at $9.46 to its 52-week high at $9.71.

Pioneer Energy Services

Pioneer Energy Services  (PES - Get Report), through its subsidiaries, provides drilling services and production services to oil and gas exploration and production companies in the U.S. and Colombia. This stock is trading up 7.7% to $5.30 in Tuesday's trading session.

Tuesday's Range: $4.99-$5.41
52-Week Range: $3.67-$18.40
Tuesday's Volume: 682,000
Three-Month Average Volume: 1.41 million

From a technical perspective, PES is ripping higher here right off its 50-day moving average of $5.05 with lighter-than-average volume. This spike to the upside on Tuesday is quickly pushing shares of PES within range of triggering a near-term breakout trade above some key overhead resistance levels. That trade will hit if PES manages to take out some key near-term overhead resistance levels at $5.59 to $6.10 with high volume.

Traders should now look for long-biased trades in PES as long as it's trending above Tuesday's intraday low of $4.99 or above more near-term support at $4.75 and then once it sustains a move or close above those breakout levels with volume that registers near or above 1.41 million shares. If that breakout hits soon, then PES will set up to re-test or possibly take out its next major overhead resistance level at $6.53. Any high-volume move above that level will then give PES a chance to make a run at $7 to $8 a share.

Nymox Pharmaceuticals

Nymox Pharmaceuticals  (NYMX - Get Report) a biopharmaceutical company, is engaged in the research and development of products for the aging population. This stock is trading up 12.8% to 74 cents per share in Tuesday's trading session.

Tuesday's Range: $0.62-$0.78
52-Week Range: $0.33-$5.76
Tuesday's Volume: 851,000
Three-Month Average Volume: 375,105

From a technical perspective, NYMX is spiking sharply higher here and displaying relative strength versus the overall market weakness with strong upside volume flows. This jump higher on Tuesday has briefly pushed shares of NYMX into breakout territory, since the stock has flirted with some key near-term overhead resistance at 76 cents per share. Market players should now look for a continuation move to the upside in the short-term if NYMX manages to take out Tuesday's intraday high of 78 cents per share with high volume.

Traders should now look for long-biased trades in NYMX as long as it’s trending above Tuesday's intraday low of 62 cents per share and then once it sustains a move or close above Tuesday's intraday high of 78 cents per share with volume that hits near or above 375,105 shares. If that breakout triggers soon, then NYMX will set up to re-test or possibly take out its next major overhead resistance levels at 92 cents per share. Any high-volume move above that level will then give NYMX a chance to make a run into its previous gap-down-day zone from last November that started near $6 a share.

Gran Tierra Energy

Gran Tierra Energy (GTE - Get Report), an independent energy company, engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia, Peru and Brazil. This stock is trading up 3.8% to $2.69 in Tuesday's trading session.

Tuesday's Range: $2.53-$2.71
52-Week Range: $2.06-$8.18
Tuesday's Volume: 675,000
Three-Month Average Volume: 2.93 million

From a technical perspective, GTE is spiking notably higher here right off its 50-day moving average of $2.55 with lighter-than-average volume. This move to the upside on Tuesday is quickly pushing shares of GTE within range of triggering a major breakout trade above some key near-term overhead resistance levels. That trade will hit if GTE manages to take out some key overhead resistance levels at $2.80 to $2.94 and then above more resistance at $3 with high volume.

Traders should now look for long-biased trades in GTE as long as it's trending above some key near-term support at $2.50 and then once it sustains a move or close above those breakout levels with volume that hits near or above 2.93 million shares. If that breakout triggers soon, then GTE will set up to re-fill its previous gap-down-day zone from December that started at $3.63.

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