DELAFIELD, Wis. (Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percentage losers. Stocks that are making large moves like these are favorites among short-term traders because they can jump into these names and try to capture some of that massive volatility. Stocks that are making big-percentage moves either up or down 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. Must Read: Warren Buffett's Top 10 Dividend Stocks Castlight Health Castlight Health provides cloud-based software for enterprises in the U.S. Its software enables enterprises to control their health care costs. This stock is trading up 2.2% to $8.79 in Thursday's trading session. Thursday's Range: $8.65-$8.98 52-Week Range: $8.09-$41.95 Tuesday's Volume: 182,000 Three-Month Average Volume: 504,224 From a technical perspective, CSLT is trending modestly higher here right above its new 52-week low of $8.09 with lighter-than-average volume. This stock recently fell sharply off its last December high of $13.44 to its new 52-week low of $8.09. Since that fall, shares of CSLT have started to trend sideways between $8.09 on the downside and $9.38 on the upside. This move to the upside on Thursday is starting to push shares of CSLT within range of trigger a near-term breakout trade above the upper-end of its recent sideways trending chart pattern. That trade will hit if CSLT manages to take out some near-term overhead resistance levels at $9 to $9.38 and then above more resistance at $9.73 with high volume. Traders should now look for long-biased trades in CSLT as long as it's trending above its new 52-week low of $8.09 and then once it sustains a move or close above those breakout levels with volume that registers near or above 504,224 shares. If that breakout develops soon, then CLST will set up to re-test or possibly take out its next major overhead resistance levels at its 50-day moving average of $10.48 to $11.20. Must Read: 10 Stocks Billionaire John Paulson Loves McDermott International McDermott International operates as an engineering, procurement, construction and installation company worldwide. This stock is trading up 3.4% to $2.69 in Thursday's trading session. Thursday's Range: $2.66-$2.75 52-Week Range: $2.10-$8.82 Thursday's Volume: 1.09 million Three-Month Average Volume: 6.02 million From a technical perspective, MDR is trending notably higher here right off its 50-day moving average of $2.66 and right above some key near-term support at $2.53 with lighter-than-average volume. This spike to the upside on Thursday is now starting to push shares of MDR within range of triggering a major breakout trade above some key near-term overhead resistance levels. That trade will hit if MDR manages to take out some near-term overhead resistance levels at $2.91 to $3.06 and then above more resistance at $3.16 with high volume. Traders should now look for long-biased trades in MDR as long as it's trending above some near-term support at $2.53 or above $2.30 and then once it sustains a move or close above those breakout levels with volume that registers near or above 6.02 million shares. If that breakout kicks off soon, then MDR will set up to re-test or possibly take out its next major overhead resistance levels $3.50 to $4, or even $4.35. Must Read: 11 Stocks Warren Buffett Loves Abraxas Petroleum Abraxas Petroleum , an independent energy company, is engaged in the acquisition, exploitation, development and production of oil and gas in the U.S. and Canada. This stock is trading up 5.9% to $3.40 a share in Thursday's trading session. Thursday's Range: $3.23-$3.47 52-Week Range: $2.33-$6.45 Thursday's Volume: 1.71 million Three-Month Average Volume: 2.86 million From a technical perspective, AXAS is ripping sharply higher here right above its 50-day moving average of $2.95 with strong upside volume flows. This stock has been uptrending over the last two months, with shares moving higher from its low of $2.33 to its recent high of $3.56. During that uptrend, shares of AXAS have been making mostly higher lows and higher highs, which is bullish technical price action. This spike to the upside on Thursday is now quickly pushing shares of AXAS within range of triggering a major breakout trade. That trade will hit if AXAS manages to take out some key near-term overhead resistance at $3.56 with high volume. Traders should now look for long-biased trades in AXAS as long as it's trending above its 50-day moving average of $2.95 and then once it sustains a move or close above $3.56 with volume that hits near or above 2.86 million shares. If that breakout hits soon, then AXAS will set up to re-test or possibly take out its next major overhead resistance levels at around $4 to $4.45, or even its 200-day moving average of $4.54. Must Read: 10 Stocks Carl Icahn Loves Cliffs Natural Resources Cliffs Natural Resources , a mining and natural resources company, produces iron ore and metallurgical coal. This stock is trading up 3.6% to $6.71 a share in Thursday's trading session. Thursday's Range: $6.59-$6.82 52-Week Range: $5.63-$23.53 Thursday's Volume: 2.23 million Three-Month Average Volume: 9.96 million From a technical perspective, CLF is ripping higher here right above some near-term support at $6.15 with lighter-than-average volume. This stock recently formed a double bottom chart pattern at $6.02 to $6.15. That bottom is coming after shares of CLF dropped from is January high of $9.39 to that $6.02 low. Shares of CLF are now starting to move higher off those support levels and it's beginning to trend within range of triggering a major breakout trade above some key near-term overhead resistance levels. That trade will hit if CLF manages to take out some key near-term overhead resistance levels at $6.83 to its 50-day moving average of $7.09 and then above more resistance at $7.41 with high volume. Traders should now look for long-biased trades in CLF as long as it's trending above those double bottom support levels and then once it sustains a move or close above those breakout levels with volume that registers near or above 9.96 million shares. If that breakout triggers soon, then CLF will set up to re-test or possibly take out its next major overhead resistance levels at $9.39 to around $10. -- Written by Roberto Pedone in Delafield, Wis. Must Read: 5 Stocks Warren Buffett Is Selling Follow Stockpickr on Twitter and become a fan on Facebook.
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