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.


Denbury Resources  (DNR)  operates as an independent oil and natural gas company in the U.S. This stock is trading up 4.4% to $3.74 in Tuesday's trading session.

  • Tuesday's Range: $3.54-$3.84
  • 52-Week Range: $2.37-$12.96
  • Tuesdays Volume: 4.3 million
  • Three-Month Average Volume: 13.8 million

From a technical perspective, Denbury Resources is trending higher here right above some near-term support at $3.50 with lighter-than-average volume. This stock has been uptrending a bit over the last few weeks, with shares moving higher off its low of $3.25 to its recent high of $3.89 a share. During that uptrend, this stock has been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed this stock within range of triggering a near-term breakout trade. That trade will trigger if this stock manages to take out some near-term overhead resistance levels at $3.89 to $4 and then above $4.25 a share with high volume.

Traders should now look for long-biased trades in Denbury Resources as long as it's trending above some near-term support at $3.50 or above its 20-day moving average of $3.20 and then once it sustains a move or close above those breakout levels with volume that hits near or above 13.8 million shares. If that breakout kicks off soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $4.50 to $5 a share.


Emerald Oil  (EOX)  operates as an independent oil and natural gas exploration and production company in the U.S. This stock is trading up 9.4% to $2.09 in Tuesday's trading session.

  • Tuesday's Range: $1.90-$2.15
  • 52-Week Range: $1.37-$78
  • Tuesday's Volume: 193,000
  • Three-Month Average Volume: 450,892

From a technical perspective, Emerald Oil is ripping sharply higher here right above some near-term support at $1.85 with lighter-than-average volume. This strong spike to the upside on Tuesday is now starting to push shares of Emerald Oil 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 $2.22 to its 50-day moving average of $2.34 a share with high volume.

Traders should now look for long-biased trades in Emerald Oil as long as it's trending above some near-term support at $1.85 and then once it sustains a move or close above those breakout levels with volume that hits near or above 450,892 shares. If that breakout begins soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $3 to $3.36 a share.


Sanchez Energy  (SN) , an independent exploration and production company, focuses on the acquisition, exploration and development of unconventional oil and natural gas resources in the onshore U.S. Gulf Coast. This stock is trading up 5.4% to $7.89 in Tuesday's trading session.

  • Tuesday's Range: $7.42-$8.10
  • 52-Week Range: $4.48-$20.34
  • Tuesday's Volume: 541,000
  • Three-Month Average Volume: 2.10 million

From a technical perspective, Sanchez Energy is spiking notably higher here right above some near-term support at $7.07 with lighter-than-average volume. This stock has been uptrending strong over the last month, with shares moving higher off its low of $5.14 to its recent high of $8.39 a share. During that uptrend, shares of Sanchez Energy have been making mostly higher lows and higher highs, which is bullish technical price action. This trend to the upside on Tuesday is now starting to push shares of Sanchez Energy within range of triggering a major breakout trade. That breakout will trigger if this stock manages to take out some near-term overhead resistance levels at $8.37 to $8.39 a share and then above more resistance at $8.59 a share with high volume.

Traders should now look for long-biased trades in Sanchez Energy as long as it's trending above some near-term support at $7.07 or above its 20-day at $6.87 and then once it sustains a move or close above those breakout levels with volume that hits near or above 2.10 million shares. If that breakout fires off soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $10 to its 200-day moving average of $10.11, or even $11 a share.


Penn Virginia  (PVA) , an independent oil and gas company, explores, develops, and produces crude oil, natural gas liquids, and natural gas in various onshore regions of the U.S. This stock is trading up 4% to 90 cents per share in Tuesday's trading session.

  • Tuesday's Range: $0.83-$0.93
  • 52-Week Range: $0.34-$9.63
  • Tuesday's Volume: 542,000
  • Three-Month Average Volume: 3.74 million

From a technical perspective, Penn Virginia is spiking sharply higher here right off its 50-day moving average of 85 cents per share with lighter-than-average volume. This stock has been consolidating and trending sideways over the last month, with shares moving between 85 cents on the downside and $1.23 on the upside. Shares of Penn Virginia are now starting to spike higher off some near-term support levels, and this stock is quickly moving within range of triggering a major breakout trade above the upper end of its recent sideways trending chart pattern. That breakout will trigger if this stock manages to take out some near-term overhead resistance levels at $1 to $1.05 a share and then above more key resistance at $1.23 to $1.25 a share with high volume.

Traders should now look for long-biased trades in Penn Virginia as long as it's trending above its 50-day moving average of 85 cents per share and then once it sustains a move or close above those breakout levels with volume that hits near or above 3.74 million shares. If that breakout hits soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $1.50 to $1.86, or even $2 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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