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.

MobileIron

  • Thursday's Range: $3.66-$3.89
  • 52-Week Range: $2.81-$10.15
  • Thursday's Volume: 660,000
  • Three-Month Average Volume: 339,544

MobileIron  (MOBL)  provides a purpose-built mobile IT platform that enables enterprises to secure and manage mobile applications, content and devices while providing their employees with device choice, privacy, and a native user experience. This stock traded up 1% to $3.83 in Thursday's trading session.

From a technical perspective, MobileIron trended modestly higher on Thursday and showed some relative strength versus the overall market weakness with strong upside volume flows. This high-volume move pushed shares of MobileIron back above its 20-day moving average of $3.81 a share. This spike is now quickly pushing this stock within range of triggering a near-term breakout trade above some key overhead resistance levels. That breakout will trigger if shares of MobileIron manages to clear some near-term overhead resistance levels at $3.96 to its 50-day moving average of $3.99 a share with high volume.

Traders should now look for long-biased trades in MobileIron as long as it's trending above some near-term support at $3.40 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 339,544 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 $4.25 to $4.42, or even $4.65 a share.

Quad/Graphics

  • Thursday's Range: $8.94-$9.81
  • 52-Week Range: $8.44-$24.13
  • Thursday's Volume: 626,000
  • Three-Month Average Volume: 315,432

Quad/Graphics  (QUAD) , together with its subsidiaries, provides print and media solutions in the U.S., Europe and Latin America. This stock traded up 4.6% to $9.29 in Thursday's trading session.

From a technical perspective, Quad/Graphics ripped sharply higher on Thursday right above some near-term support at $8.76 a share with strong upside volume flows. This high-volume move briefly pushed this stock back above its 20-day moving average of $9.36 a share, before it closed just below that level at $9.29 a share. Shares of Quad/Graphics are now starting to trend within range of triggering a major breakout trade above some key near-term overhead resistance levels. That trade will trigger if this stock manages to clear its 50-day moving average of $9.72 and then once it takes out more key resistance levels at $9.88 to $10.09 a share with high volume.

Traders should now look for long-biased trades in Quad/Graphics as long as it's trending above some near-term support at $8.76 or above its new 52-week low of $8.44 a share and then once it sustains a move or close above those breakout levels with volume that registers near or above 315,432 shares. If that breakout triggers soon, then this stock will set up to re-test or possibly take out its next major overhead resistance level at its gap-down-day high from November at around $11.50 a share.

Nanosphere

  • Thursday's Range: $0.65-$0.78
  • 52-Week Range: $0.48-$9.00
  • Thursday's Volume: 700,000
  • Three-Month Average Volume: 168,644

Nanosphere  (NSPH)  develops, manufactures and markets molecular diagnostic tests that can lead to earlier disease detection, optimal patient treatment and enhanced healthcare economics. This stock traded up 22.7% to 71 cents per share in Thursday's trading session.

From a technical perspective, Nanosphere gapped sharply higher on Thursday right off its 20-day moving average of 68 cents per share with strong upside volume flows. This high-volume gap to the upside is now quickly pushing this stock within range of triggering a major breakout trade above some key overhead resistance levels. That trade will trigger if shares of Nanosphere mange to clear some near-term overhead resistance levels at 79 cents to 81 cents per share with high volume.

Traders should now look for long-biased trades in Nanosphere as long as it's trending above Thursday's intraday low of 65 cents per share and then once it sustains a move or close above those breakout levels with volume that hits near or above 168,644 shares. If that breakout gets sparked soon, then this stock will set up to re-test or possibly take out is next major overhead resistance levels at $1 to its 50-day moving average of $1.13 a share.

Talen Energy

  • Thursday's Range: $5.95-$6.40
  • 52-Week Range: $5.73-$27.000
  • Thursday's Volume: 1.25 million
  • Three-Month Average Volume: 1.55 million

Talen Energy  (TLN) , through its subsidiaries, operates as a competitive energy and power generation company in the U.S. This stock traded up 3.6% to $6.32 in Thursday's trading session.

From a technical perspective, Talen Energy spiked notably higher on Thursday back above its 20-day moving average of $6.31 a share with decent upside volume flows. This stock recently formed a double bottom chart pattern, after shares found some buying interest over the last few weeks at $5.73 to $5.75 a share. Shares of Talen Energy are now starting to spike higher right above those double bottom support levels, and it's now quickly moving 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 clear Thursday's intraday high of $6.40 a share and then once it takes out some more key resistance levels at $6.73 to $6.88 a share with high volume.

Traders should now look for long-biased trades in Talen Energy as long as it's trending above those recent double bottom support levels and then once it sustains a move or close above those breakout levels with volume that registers near or above 1.55 million shares. If that breakout takes hold 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 $7.42 to $8, or even $8.50 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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