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.

CorMedix

CorMedix  (CRMD - Get Report), a pharmaceutical company, intends to in-license, develop and commercialize therapeutic products for the prevention and treatment of cardiac, renal and infectious diseases. This stock is trading up 2.8% to $8.79 in Thursday's trading session.

Thursday's Range: $8.42-$8.85
52-Week Range: $1.05-$10.40
Thursday's Volume: 141,000
Three-Month Average Volume: 1.03 million

From a technical perspective, CRMD is spiking higher here right above some near-term support at $8.21 with lighter-than-average volume. This stock has been consolidating over the last few weeks, with shares moving between $8.16 on the downside and $9.45 on the upside. That consolidation pattern has taken hold after a monster uptrend over the last four months for shares of CRMD. This spike higher on Thursday is now starting to push shares of CRMD within range of triggering a near-term breakout trade above the upper-end of its short-term range. That trade will trigger if CRMD manages to take out some key near-term overhead resistance levels at $9.29 to $9.45 with high volume.

Traders should now look for long-biased trades in CRMD as long as it's trending above some near-term support at $8.16 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.03 million shares. If that breakout triggers soon, then CRMD will set up to re-test or possibly take out its next major overhead resistance level at its 52-week high of $10.40 a share. Any high-volume move over $10.40 will then give CRMD a chance to tag $11 to $12 a share.

Oculus Innovative Sciences

Oculus Innovative Sciences  (OCLS designs, produces and markets prescription and non-prescription products based on its Microcyn platform technology for the dermatology, surgical, advanced wound and tissue care and animal health care markets in the U.S., Mexico, Europe and internationally. This stock is trading up 3.7% to 83 cents per share in Thursday's trading session.

Thursday's Range: 0.81-$0.84
52-Week Range: $0.76-$3.72
Thursday's Volume: 31,000
Three-Month Average Volume: 295,110

From a technical perspective, OCLS is spiking modestly higher here right off some near-term support at 80 cents per share with lighter-than-average volume. This stock has been consolidating and trending sideways over the last month and change, with shares moving between 78 cents on the downside and 86 cents on the upside. This spike higher on Thursday is now starting to push shares of OCLS within range of triggering a major breakout trade above the upper-end of its recent sideways chat pattern. That trade will hit if OCLS manages to clear some key near-term overhead resistance levels at 85 cents to 86 cents per share with high volume.

Traders should now look for long-biased trades in OCLS as long as it's trending above some key near-term support levels at 80 cents to 78 cents per share and then once it sustains a move or close above those breakout levels with volume that registers near or above 295,110 shares. If that breakout develops soon, then OCLS will set up to re-test or possibly take out its next major overhead resistance levels at 92 cents to 98 cents per share, or even $1.05 a share.

Mid-Con Energy Partners

Mid-Con Energy Partners (MCEP - Get Report) acquires, explores, develops, and produces oil and natural gas properties in North America. This stock is trading up 2.7% to $5.99 in Thursday's trading session.

Thursday's Range: $5.80-$6.02
52-Week Range: $4.25-$24.39
Thursday's Volume: 55,000
Three-Month Average Volume: 250,228

From a technical perspective, MCEP is spiking higher here back above its 50-day moving average of $5.93 with lighter-than-average volume. This stock has been trending in a very tight range over the last few weeks or so, with shares moving between $5.51 on the downside and $6.38 on the upside. This tight pattern has the stock coiled for a possible breakout move that could send shares sharply higher in the short-term. That breakout will hit if MCEP manages to take out some key overhead resistance levels at $6.38 to $6.60 with high volume.

Traders should now look for long-biased trades in MCEP as long as it's trending above some key near-term support at $5.31 and then once it sustains a move or close above those breakout levels share with volume that hits near or above 250,228 shares. If that breakout triggers soon, then MCEP will set up to re-test or possibly take out its next major overhead resistance levels at $7.07 to $7.45.

Ntelos

Ntelos  (NTLS, through its subsidiaries, provides digital wireless communications services. This stock is trading up 4.4% to $5.60 in Thursday's trading session.

Thursday's Range: $5.31-$5.66
52-Week Range: $3.85-$15.10
Thursday's Volume: 186,000
Three-Month Average Volume: 457,034

From a technical perspective, NTLS is ripping sharply higher here right above its 50-day moving average of $5.05 with lighter-than-average volume. This trend to the upside on Thursday is now quickly pushing shares of NTLS within range of triggering a major breakout trade above some key near-term overhead resistance levels. That trade will trigger if NTLS manages to take out Thursday's intraday high of $5.60 to some more key overhead resistance at $5.99 with high volume.

Traders should now look for long-biased trades in NTLS as long as it's trending above its 50-day at $5.05 and then once it sustains a move or close above those breakout levels share with volume that hits near or above 457,034 shares. If that breakout develops soon, then NTLS will set up to re-test or possibly take out its next major overhead resistance levels at $6.41 to possibly even $8 a share.

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