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.

Cloud Peak Energy

  • Tuesday's Range: $1.29-$1.42
  • 52-Week Range: $1.08-$8.69
  • Tuesday's Volume: 1.82 million
  • Three-Month Average Volume: 1.62 million

Cloud Peak Energy  (CLD) , through its subsidiaries, produces coal in the Powder River Basin and the U.S. This stock traded up 8.5% to $1.40 in Tuesday's trading session.

From a technical perspective, Cloud Peak Energy ripped sharply higher on Tuesday right above some near-term support at $1.25 a share with above-average volume. This stock has been uptrending over the last few weeks, with shares moving higher off its new 52-week low of $1.08 to its recent high of $1.49 a share. During that uptrend, shares of Cloud Peak Energy have been making mostly higher lows and higher highs, which is bullish technical price action. This high-volume spike to the upside is now quickly pushing this stock within range of triggering a near-term breakout trade. That trade will trigger if this stock manages to take out some key near-term overhead resistance levels at $1.49 to $1.50 a share with high volume.

Traders should now look for long-biased trades in Cloud Peak Energy as long as it's trending above some near-term support at $1.25 a share and then once it sustains a move or close above those breakout levels with volume that registers near or above 1.62 million shares. If that breakout fires soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at its 20-day moving average of $1.68 to $1.75, or even $2 a share.

TimkenSteel

  • Tuesday's Range: $4.61-$5.17
  • 52-Week Range: $3.69-$33.41
  • Tuesdays Volume: 913,000
  • Three-Month Average Volume: 838,113

TimkenSteel  (TMST)  manufactures and sells alloy steel and carbon and micro-alloy steel products. This stock traded up 9.1% to $5.02 in Tuesday's trading session.

From a technical perspective, TimkenSteel ripped sharply higher on Tuesday with above-average volume. This stock has been uptrending over the last few weeks, with shares moving higher off its new 52-week low of $3.69 to its recent high of $5.65 a share. During that uptrend, shares of TimkenSteel have been making mostly higher lows and higher highs, which is bullish technical price action. This high-volume spike 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 clear some near-term overhead resistance levels at $5.20 to $5.65 a share and then above its 20-day moving average of $6.07 a share with high volume.

Traders should now look for long-biased trades in TimkenSteel as long as it's trending above Tuesday's intraday low of $4.61 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 838,113 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 $7 to its 50-day moving average of $7.95 a share.

Teekay

  • Tuesday's Range: $5.75-$6.55
  • 52-Week Range: $4.37-$51.39
  • Tuesday's Volume: 3.12 million
  • Three-Month Average Volume: 2.62 million

Teekay  (TK)  primarily provides crude oil and gas marine transportation services in Bermuda and internationally. This stock traded up 11.4% to $6.51 in Tuesday's trading session.

From a technical perspective, Teekay soared sharply higher on Tuesday with strong upside volume flows. This high-volume spike to the upside is now quickly pushing shares of Teekay 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 $6.59 to $7.16 a share with high volume.

Traders should now look for long-biased trades in Teekay as long as it's trending above Tuesday's intraday low of $5.75 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 2.62 million shares. If that breakout triggers soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at its 20-day moving average of $7.62 to $8, or even $8.50 a share.

Eastman Kodak

  • Tuesday's Range: $8.51-$9.23
  • 52-Week Range: $7.56-$20.97
  • Tuesday's Volume: 242,000
  • Three-Month Average Volume: 197,653

Eastman Kodak  (KODK) , a technology company, provides hardware, software, consumables and services to customers in various markets worldwide. This stock traded up 6.6% to $9.05 in Tuesday's trading session.

From a technical perspective, Eastman Kodak spiked sharply higher on Tuesday right off some near-term support at $8.50 a share with above-average volume. This stock has been uptrending a bit over the last few weeks, with shares moving higher off its new 52-week low of $7.56 to its recent high of $9.43 a share. During that uptrend, shares of Eastman Kodak 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 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 $9.43 to $9.50 a share high volume.

Traders should now look for long-biased trades in Eastman Kodak as long as it's trending above some near-term support at $8.50 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 197,653 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 $10 to its 20-day moving average of $10.28, or even $11 a share.

Tetra Technologies

  • Tuesday's Range: $5.16-$5.69
  • 52-Week Range: $4.62-$9.44
  • Tuesday's Volume: million 1.10 million
  • Three-Month Average Volume: 951,924


Tetra Technologies
  (TTI) , together with its subsidiaries, operates as a diversified oil and gas services company. This stock traded up 9.6% to $5.66 in Tuesday's trading session.

From a technical perspective, Tetra Technologies ripped sharply higher on Tuesday right above some near-term support at $5.12 a share with above-average volume. This stock has been consolidating and moving sideways over the last few weeks, with shares moving between $5.12 on the downside and $5.82 on the upside. This high-volume spike higher on Tuesday is now quickly pushing shares of Tetra Technologies within range of triggering a near-term breakout trade above the upper end of its recent sideways trending chart pattern. That trade will trigger if this stock manages to take out some near-term overhead resistance levels at $5.75 to $5.82 a share and then above more resistance at $6 a share with high volume.

Traders should now look for long-biased trades in Tetra Technologies as long as it's trending above some key near-term support at $5.12 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 951,924 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 its 20-day moving average of $6.31 to its 200-day moving average of $6.89 a share, or even $7.50 a share.

MannKind

  • Tuesday's Range: $0.76-$0.98
  • 52-Week Range: $0.64-$7.88
  • Tuesday's Volume: 11.37 million
  • Three-Month Average Volume: 8.15 million

MannKind  (MNKD) , a biopharmaceutical company, focuses on the discovery, development and commercialization of therapeutic products for diabetes in the U.S. This stock traded up 22.3% to 92 cents per share in Tuesday's trading session.

From a technical perspective, MannKind exploded sharply higher on Tuesday right above some near-term support at 75 cents per share with massive upside volume flows. This high-volume spike to the upside briefly pushed shares of MannKind back above its 20-day moving average of 96 cents per share, before the stock closed just below that level at 92 cents per share. Shares of MannKind are now quickly moving within range of triggering a major breakout trade above some key near-term overhead resistance. That trade will trigger if this stock manages to take out Tuesday's intraday high of 98 cents per share and then above more key resistance at 99 cents per share with high volume.

Traders should now look for long-biased trades in MannKind as long as it's trending above 85 cents per share or above 80 cents per share and then once it sustains a move or close above those breakout levels with volume that hits near or above 8.15 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 level at its gap-down-day high from early January at $1.16 a share. Any high-volume move above $1.16 will then give this stock a chance to re-fill some of its previous gap-down-day zone that started near $1.50 a share.

Stone Energy

  • Tuesday's Range: $2.00-$2.41
  • 52-Week Range: $1.82-$19.65
  • Tuesday's Volume: 3.93 million
  • Three-Month Average Volume: 3.33 million

Stone Energy  (SGY) , an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development and operation of oil and gas properties in the Gulf of Mexico and the Appalachia region. This stock traded up 13.9% to $2.37 in Tuesday's trading session.

From a technical perspective, Stone Energy soared to the upside on Tuesday right above its new 52-week low of $1.82 a share with above-average volume. This stock has been downtrending badly over the last two months, with shares falling sharply lower off its high of $7.80 to its new 52-week low of $1.82 a share. During that downtrend, shares of Stone Energy have been making mostly lower highs and lower lows, which is bearish technical price action. That said, this stock has now started to rebound off that $1.82 low, and it's quickly moving within range of triggering a big breakout trade. That breakout will trigger if this stock manages to take out some near-term overhead resistance levels at $2.50 to $2.68 a share with high volume.

Traders should now look for long-biased trades in Stone Energy as long as it's trending above some near-term support at $2 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 3.33 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 $3 to its 20-day moving average of $3.13, or even $3.50 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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