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.

Dehaier Medical Systems

Dehaier Medical Systems  (DHRM) develops and distributes medical devices and sleep respiratory and oxygen therapy products in the People's Republic of China. This stock is trading up 6.1% to $3.10 in Thursday's trading session.

Thursday's Range: $2.96-$3.10
52-Week Range: $2.49-$7.15
Thursday's Volume: 56,000
Three-Month Average Volume: 36,527

From a technical perspective, DHRM is spiking sharply higher here right off its 50-day moving average of $2.94 with above-average volume. This stock has been making higher lows over the last month or so, and it is now trending within range of triggering a breakout trade that will confirm a higher high. That trade will trigger if DHRM manages to take out some key near-term overhead resistance levels at $3.17 to $3.18 with high volume.

Traders should now look for long-biased trades in DHRM as long as it's trending above its 50-day moving average of $2.94 or above more near-term support at $2.82 and then once it sustains a move or close above those breakout levels with volume that hits near or above 36,527 shares. If that breakout begins soon, then DHRM will set up to re-test or possibly take out its next major overhead resistance levels at $3.40 to $3.45, or even $3.76.

Targacept

Targacept  (TRGT), a biopharmaceutical company, engages in the development of neuronal nicotinic receptors therapeutics for the treatment of nervous system and gastrointestinal/genitourinary diseases and disorders. This stock is trading up 2.6% to $2.36 in Thursday's trading session.

Thursday's Range: $2.28-$2.39
52-Week Range: $2.18-$4.68
Thursday's Volume: 109,000
Three-Month Average Volume: 101,613

From a technical perspective, TRGT is spiking notably higher here right above some near-term support at $2.28 with decent upside volume flows. This stock was smacked lower over the last few weeks, with shares plunging from its high of $3.23 to its recent low of $2.18. During that move to the downside, shares of TRGT were consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of TRGT have now started to come off that recent low at $2.18 and it's beginning to move within range of triggering a near-term breakout trade. That trade will trigger if TRGT manages to take out some near-term overhead resistance at $2.43 with high volume.

Traders should now look for long-biased trades in TRGT as long as it's trending above some near-term support at $2.28 and then once it sustains a move or close above $2.43 with volume that hits near or above 101,613 shares. If that breakout triggers soon, then TRGT will set up to re-test or possibly take out its next major overhead resistance levels at its 50-day moving average of $2.60 to its 200-day moving average of $2.67, or even $2.80 to $2.90.

Solar3D

Solar3D  (SLTD) is engaged in the business of providing solar power solutions and developing a proprietary high efficiency solar cell to maximize the conversion of sunlight into electricity. This stock is trading up 13.8% to $4.33 in Thursday's trading session.

Thursday's Range: $3.79-$4.35
52-Week Range: $1.40-$8.88
Thursday's Volume: 433,000
Three-Month Average Volume: 355,510

From a technical perspective, SLTD is soaring sharply higher here right off some near-term support at $3.75 with strong upside volume flows. This spike to the upside on Thursday has now pushed shares of SLTD back above both its 50-day moving average of $4.17 and its 200-day moving average of $4.27. This strong surge higher is now starting to push shares of SLTD within range of triggering a big breakout trade above some key near-term overhead resistance levels. That trade will hit if SLTD manages to take out some key overhead resistance levels at $4.60 to $4.66 with high volume.

Traders should now look for long-biased trades in SLTD as long as it's trending above $4 and then once it sustains a move or close above those breakout levels with volume that hits near or above 355,510 shares. If that breakout hits soon, then SLTD will set up to re-test or possibly take out its next major overhead resistance levels at $5.72 to $6.50.

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