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.

Bon-Ton Stores

  • Tuesday's Range: $3.90-$4.21
  • 52-Week Range: $2.89-$9.80
  • Tuesday's Volume: 121,000
  • Three-Month Average Volume: 230,062

Bon-Ton Stores  (BONT) , through its subsidiaries, operates department stores in the U.S. This stock is trading up 6.3% to $4.20 in Tuesday's trading session.

From a technical perspective, Bon-Ton Stores is spiking sharply higher here right above its 20-day moving average of $3.72 with decent upside volume flows. This stock has been uptrending over the last few weeks, with shares moving higher from its low of $2.89 to its intraday high on Tuesday of $4.21. During that uptrend, shares of Bon-Ton Stores have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of Bon-Ton Stores within range of triggering a big breakout trade. That trade will hit if this stock manages to take out its 50-day moving average of $4.29 to some more near-term resistance at $4.36 with high volume.

Traders should now look for long-biased trades in Bon-Ton Stores as long as it's trending above some its 20-day moving average of $3.72 or above more support at $3.61 and then once it sustains a move or close above those breakout levels with volume that registers near or above 230,062 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 $4.87 to around $5, or even $5.50 to its 200-day moving average of $5.70 a share.

Uni-Pixel

  • Tuesday's Range: $1.11-$1.15
  • 52-Week Range: $0.88-$8.50
  • Tuesday's Volume: 104,000
  • Three-Month Average Volume: 293,303

Uni-Pixel  (UNXL) , a pre-production stage company, engages in developing performance engineered film products for the display, touch screen and flexible electronics market segments in the U.S. This stock is trading up 2.7% to $1.13 in Tuesday's trading session.

From a technical perspective, Uni-Pixel is spiking a bit higher here right off its 20-day moving average of $1.09 with lighter-than-average volume. This stock has recently been attempting to carve out a double bottom chart pattern, since shares have found some buying interest at $1.01 to $1.03. Shares of Uni-Pixel have now started to spike higher above those support levels and it's beginning to trend within range of triggering a near-term breakout trade. That breakoutwill trigger if this stock manages to take out some key near-term overhead resistance levels at $1.20 to its 50-day moving average of $1.29 with high volume.

Traders should now look for long-biased trades in Uni-Pixel as long as it's trending above its 20-day at $1.09 or above those recent double bottom support levels and then once it sustains a move or close above those breakout levels with volume that hits near or above 293,303 shares. If that breakout develops soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $1.55 to $1.64, or even $1.80 to $2 a share. 

SeaDrill

  • Tuesday's Range: $6.61-$7.01
  • 52-Week Range: $6.15-$31.03
  • Tuesday's Volume: 6.15 million
  • Three-Month Average Volume: 12.70 million

SeaDrill  (SDRL) , an offshore drilling contractor, provides offshore drilling services to the oil and gas industry worldwide. This stock is trading up 8.4% to $7.01 in Tuesday's trading session.

From a technical perspective, SeaDrill is ripping sharply higher here with lighter-than-average volume. This stock recently formed a double bottom chart pattern, after shares found buying interest at $6.15 to $6.19 a share. Following that bottom, shares of SeaDrill have started to rip higher and it's now quickly moving within range of triggering a big near-term breakout trade. That breakout will trigger if this stock manages to take out some near-term overhead resistance levels at its 20-day moving average of $7.09 to $7.50 to $7.60 a share with high volume.

Traders should now look for long-biased trades in SeaDrill as long as it's trending above some near-term support at around $6.50 or above those recent double bottom support levels and then once it sustains a move or close above those breakout levels with volume that hits near or above 12.70 million shares. If that breakout materializes 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 $8.17 to $8.22, or even $8.50 to $9 a share.

Biodel

  • Tuesday's Range: $0.63-$0.72
  • 52-Week Range: $0.55-$2.00
  • Tuesday's Volume: 94,000
  • Three-Month Average Volume: 144,739

Biodel  (BIOD) , a specialty biopharmaceutical company, focuses on the development and commercialization of treatments for diabetes in the U.S. This stock is trading up 3.6% to 69 cents per share in Tuesday's trading session.

From a technical perspective, Biodel is ripping higher here right above some near-term support at 60 cents per share with decent upside volume flows. This move to the upside on Tuesday has now pushed shares of Biodel back above its 20-day moving average of 68 cents per share. That move is now quickly pushing shares of Biodel 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 75 cents to 77 cents per share with high volume.

Traders should now look for long-biased trades in Biodel as long as it's trending above Tuesday's intraday low of 63 cents per share or above more key support around 60 cents per share and then once it sustains a move or close above those breakout levels with volume that hits near or above 144,739 shares. If that breakout gets going soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at 90 cents to 94 cents, or even $1 a share.

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

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