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.

Stage Stores

  • Tuesday's Range: $7.81-$8.29
  • 52-Week Range: $6.00-$23.26
  • Tuesday's Volume: 895,000
  • Three-Month Average Volume: 960,186

Stage Stores  (SSI - Get Report)  operates as a specialty department store retailer in small and mid-sized towns and communities in the U.S. This stock traded up 5.6% to $8.24 in Tuesday's trading session.

From a technical perspective, Stage Stores spiked sharply higher on Tuesday right above some near-term support at $7.61 and back above its 20-day moving average of $8.16 a share with decent upside volume flows. This high-volume move to the upside is now quickly pushing shares of Stage Stores within range of triggering a big breakout trade above some near-term overhead resistance levels. That trade will trigger if this stock manages to take out some near-term overhead resistance levels at $8.34 to $8.50 a share with high volume.

Traders should now look for long-biased trades in Stage Stores as long as it's trending above Tuesday's intraday low of $7.81 or above more near-term support at $7.61 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 960,186 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 $9 to its 50-day moving average of $9.26, or even $9.32 to $10 a share.

Jumei International

  • Tuesday's Range: $8.48-$9.25
  • 52-Week Range: $7.51-$28.17
  • Tuesday's Volume: 2.51 million
  • Three-Month Average Volume: 2.09 million

Jumei International  (JMEI)  operates as an online retailer of beauty products in the People's Republic of China. This stock traded up 4.2% to $9.07 in Tuesday's trading session.

From a technical perspective, Jumei International spiked sharply higher on Tuesday back above its 20-day moving average of $8.78 with above-average volume. This stock has been uptrending over the last few weeks, with shares moving higher from its low of $7.51 to its recent high of $9.48 a share. During that move, shares of Jumei International have been making mostly higher lows and higher highs, which is bullish technical price action. This high-volume move to the upside on Tuesday is now quickly pushing this stock within range of triggering a big breakout trade. That trade will trigger if this stock manages to take out some near-term overhead resistance levels at $9.38 to $9.48 a share and then above its 50-day moving average of $9.70 a share with high volume.

Traders should now look for long-biased trades in Jumei International as long as it's trending above Tuesday's intraday low of $8.48 a share and then once it sustains a move or close above those breakout levels with volume that registers near or above 2.09 million 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 $10.75 to $11.30, or even $12 a share.

Bebe Stores

  • Tuesday's Range: $0.44-$0.48
  • 52-Week Range: $0.39-$4.00
  • Tuesday's Volume: 452,000
  • Three-Month Average Volume: 530,933

Bebe Stores  (BEBE)  engages in the design, development and production of women's apparel and accessories under the bebe and Bebe Sport brand names in the U.S., Puerto Rico and Canada. This stock traded up 2% to 48 cents per share in Tuesday's trading session.

From a technical perspective, Bebe Stores trended modestly higher on Tuesday right above some key near-term support at 42 cents per share with decent upside volume flows. This stock has been uptrending a bit over the last few weeks, with shares moving higher from its low of 39 cents per share to its recent high of just above 50 cents per share. During that uptrend, shares of Bebe Stores have been making mostly higher lows and higher highs, which is bullish technical price action. This jump to the upside on Tuesday is now quickly pushing this stock within range of triggering a big breakout trade above some key near-term overhead resistance levels. That trade will trigger if this stock manages to take out some near-term overhead resistance levels at 49 cents to 53 cents per share and then above its 20-day moving average of 55 cents per share and over more resistance at around 60 cents per share with high volume.

Traders should now look for long-biased trades in Bebe Stores as long as it's trending above some near-term support at 42 cents per share and then once it sustains a move or close above those breakout levels with volume that hits near or above 530,933 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 its 50-day moving average of 87 cents per share to around $1.10 a share.

TerraForm Power

  • Tuesday's Range: $7.76-$8.71
  • 52-Week Range: $6.73-$42.66
  • Tuesday's Volume: 3.90 million
  • Three-Month Average Volume: 4.44 million

TerraForm Power  (TERP - Get Report)  owns and operates solar and wind generation assets serving utility, commercial and residential customers. This stock traded up 7.1% to $8.66 in Tuesday's trading session.

From a technical perspective, TerraForm Power ripped sharply higher on Tuesday and showed relative strength versus the overall market weakness with decent upside volume flows. This strong move to the upside is now starting to push shares of TerraForm Power 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 $9 to its 20-day moving average of $9.54 a share and then once it clears more key resistance at $10.27 a share with high volume.

Traders should now look for long-biased trades in TerraForm Power a as long as it's trending above Tuesday's intraday low of $7.76 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 4.44 million 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 around $13 to $14, or even its 50-day moving average of $14.26 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.