DELAFIELD, Wis. (Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percentage losers.

>>5 Mega-Cap Stocks to Trade for Gains

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 technical indicators with fundamental trends, discipline and sound money management, you will be well on your way to investment success.

>>5 Stocks With Big Insider Buying

With that in mind, let's take a closer look at a several stocks under $10 that are making large moves to the upside.

Photronics

Photronics (PLAB), together with its subsidiaries, manufactures and sells photomasks in the U.S. This stock closed up 3.6% to $8.82 a share in Thursday's trading session.

Thursday's Range: $8.56-$8.85

52-Week Range: $7.03-$9.75

Thursday's Volume: 299,000

Three-Month Average Volume: 306,417

From a technical perspective, PLAB spiked notably higher here right off its 50-day moving average of $8.50 with decent upside volume. This move is quickly pushing shares of PLAB within range of triggering a near-term breakout trade. That trade will hit if PLAB manages to take out some key near-term overhead resistance levels at $8.86 to$8.95 with strong upside volume flows.

Traders should now look for long-biased trades in PLAB as long as it's trending above its 50-day at $8.50 or above its 200-day at $8.26 and then once it sustains a move or close above those breakout levels with volume that hits near or above 306,417 shares. If that breakout materializes soon, then PLAB will set up to re-test or possibly take out its next major overhead resistance levels at $9.24 to its 52-week high at $9.75.

Calix

Calix (CALX) develops, markets and sells broadband communications access systems and software for fiber and copper-based network architectures that enable communications service providers to transform their networks and connect to their residential and business subscribers. This stock closed up 3.6% to $9.10 in Thursday's trading session.

Thursday's Range: $8.61-$9.12

52-Week Range: $7.12-$13.98

Thursday's Volume: 403,000

Three-Month Average Volume: 497,285

From a technical perspective, CALX trended higher here right above its 50-day moving average of $8.39 with decent upside volume. This move is quickly pushing shares of CALX within range of triggering a near-term breakout trade. That trade will hit if CALX manages to take out Thursday's high of $9.12 to some more near-term overhead resistance at $9.16 with strong volume.

Traders should now look for long-biased trades in CALX as long as it's trending above its 50-day at $8.39 or above more support at $8 and then once it sustains a move or close above those breakout levels with volume that hits near or above 497,285 shares. If that breakout hits soon, then CALX will set up to re-test or possibly take out its next major overhead resistance levels at around $10 to its 200-day moving average of $10.31.

Wet Seal

Wet Seal (WTSL), a multi-channel specialty retailer, operates stores that sell fashionable and contemporary apparel and accessory items for female consumers. This stock closed up 2.5% to $1.19 in Thursday's trading session.

Thursday's Range: $1.15-$1.20

52-Week Range: $1.05-$5.20

Thursday's Volume: 934,000

Three-Month Average Volume: 1.51 million

From a technical perspective, WTSL bounced higher here right above some near-term support at $1.14 with lighter-than-average volume. This stock has been downtrending badly for the last six months, with shares falling sharply from over $3.40 to its recent 52-week low of $1.05. During that downtrend, shares of WTSL have been consistently making lower highs and lower lows, which is bearish technical price action. That said, the short-term trend for WTSL looks to be changing from bearish to bullish and the stock is quickly approaching a near-term breakout trade. That trade will hit if WTSL manages to take out Thursday's high of $1.20 to some more near-term overhead resistance at $1.25 with high volume.

Traders should now look for long-biased trades in WTSL as long as it's trending above support at $1.14 or at $1.10 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.51 million shares. If that breakout triggers soon, then WTSL will set up to re-test or possibly take out its next major overhead resistance level at $1.37. Any high-volume move above that level will then give WTSL a chance to tag its 50-day moving average of $1.54.

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 Delafield, Wis.


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

Roberto Pedone, based out of Delafield, Wis., 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.