Stock Quotes in this Article: AMCN, AZK, MXC

 WINDERMERE, Fla. (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.

>>5 Hated Earnings Stocks Poised to Pop

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 technical indicators 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 amade large moves to the upside on Tuesday.

>>5 Stocks Setting Up to Break Out

AirMedia Group

AirMedia Group (AMCN) operates a digital media network in China dedicated to air travel advertising. This stock closed up 8.1% to $2.38 on Tuesday.

Tuesday's Range: $2.17-$2.47

52-Week Range: $1.33-$3.70

Volume: 55,000

Three-Month Average Volume: 42,465

From a technical perspective, AMCN ripped higher here right off its 200-day moving average of $2.16 with above-average volume. This move is quickly pushing shares of AMCN within range of triggering a major breakout trade. That trade will hit if AMCN manages to clear some key overhead resistance levels at $2.47 to $2.59 with high volume.

Traders should now look for long-biased trades in AMCN as long as it’s trending above some key near-term support at $2.05, and then once it sustains a move or close above those breakout levels with volume that hits near or above 42,465 shares. If that breakout triggers soon, then AMCN will set up to re-test or possibly take out its next major overhead resistance levels at $2.90 to $3.20. Any high-volume move above $3.20 will then put $3.55 to $4.01 into focus for shares of AMCN.

Aurizon Mines

Aurizon Mines (AZK) is a gold-producer engaged in the acquisition, exploration, development and operation of gold projects. This stock closed up 5.3% to $4.70 on Tuesday.

Tuesday's Range: $4.45-$4.76

52-Week Range: $3.19-$5.77

Volume: 1.32 million

Three-Month Average Volume: 764,977

From a technical perspective, AZK ripped higher here right off its 200-day moving average of $4.44 with heavy upside volume. This stock recently gapped up big from around $3.40 to $4.60 with strong upside volume. Shares of AZK are now quickly moving within range of triggering a near-term breakout trade. That trade will hit if AZK manages to clear some near-term overhead resistance at $4.79 to $4.81 with high volume.

Traders should now look for long-biased trades in AZK as long as it’s trending above some key near-term support at $4.42, and then once it sustains a move or close above those breakout levels with volume that hits near or above 764,977 shares. If that breakout triggers soon, then AZK will set up to re-test or possibly take out its next major overhead resistance levels at $5.30 to $5.37. Any high-volume move above $5.37 will then put $5.57 to $5.77 into focus for shares of AZK.

Mexico Energy

Mexico Energy (MXC) is an independent oil and gas company engaged in the acquisition, exploration and development of oil and gas properties located in the U.S. This stock closed up 12% to $6.47 on Tuesday.

Tuesday's Range: $5.90-$6.48

52-Week Range: $4.50-$11.48

Volume: 11,000

Three-Month Average Volume: 3,463

From a technical perspective, MXC soared higher here back above its 200-day moving average of $6.17 with above-average volume. This move is quickly pushing shares of MXC within range of triggering a near-term breakout trade. That trade will hit if MXC manages to take out some near-term overhead resistance levels at $6.90 to $7.29 with high volume.

Traders should now look for long-biased trades in MXC as long as it’s trending above its 200-day at $6.17, and then once it sustains a move or close above those breakout levels with volume that hits near or above 3,463 shares. If that breakout triggers soon, then MXC will set up to re-test or possibly take out its next major overhead resistance levels at $7.70 to $8. Any high-volume move above $8 will then put $8.50 to $9.50 into range for shares of MXC.

To see more stocks that are making notable moves higher, check out the Stocks Under $10 Moving Higher portfolio on Stockpickr.

-- Written by Roberto Pedone in Winderemere, Fla.

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At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on technical analysis for small- and large-cap stocks, options, futures, commodities and currencies. Roberto studied international business at the Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany. His work has appeared on financial outlets including CNBC.com and Forbes.com. You can follow Pedone on Twitter at www.twitter.com/zerosum24 or @zerosum24.