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.

>>5 Big Charts to Trade for Gains

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 are making large moves to the upside.

China Jo-Jo Drugstores

China Jo-Jo Drugstores (CJJD) operates as a retailer and distributor of pharmaceutical and other healthcare products in the People's Republic of China. This stock closed up 2.9% to $1.74 in Thursday's trading session.

Thursday's Range: $1.62-$1.79

52-Week Range: $0.47-$1.99

Thursday's Volume: 176,000

Three-Month Average Volume: 141,451

From a technical perspective, CJJD jumped higher here with above-average volume. This stock briefly traded into breakout territory, after shares of CJJD flirted with some near-term overhead resistance at $1.78. Traders should now look for a continuation move higher in the short-term if CJJD manages to take out Thursday's high of $1.79 with strong volume.

Traders should now look for long-biased trades in CJJD as long as it's trending above Thursday's low of $1.62 or above more support at $1.50 and then once it sustains a move or close above $1.79 with volume that hits near or above 141,451 shares. If that move materializes soon, then CJJD will set up to re-test or possibly take out its next major overhead resistance levels at $1.90 to its 52-week high at $1.99.

China Auto Logistic

China Auto Logistic (CALI) sells and trades in imported automobiles in the People's Republic of China. This stock closed up 4% to $4.15 in Thursday's trading session.

Thursday's Range: $4.04-$4.24

52-Week Range: $1.91-$6.89

Thursday's Volume: 104,000

Three-Month Average Volume: 171,875

From a technical perspective, CALI bounced notably higher here right off its 50-day moving average of $3.92 with lighter-than-average volume. This move is starting to push shares of CALI within range of triggering a near-term breakout trade. That trade will hit if CALI manages to take out Thursday's high of $4.25 to some more near-term overhead resistance at $4.48 with high volume.

Traders should now look for long-biased trades in CALI as long as it's trending above some near-term support levels at $3.86 or at $3.70 and then once it sustains a move or close above those breakout levels with volume that hits near or above 171,875 shares. If that breakout triggers soon, then CALI will set up to re-test or possibly take out its next major overhead resistance levels at $5 to $5.39.

Arotech

Arotech (ARTX), together with its subsidiaries, provides defense and security products. This stock closed up 11.1% to $3 in Thursday's trading session.

Thursday's Range: $2.70-$3.04

52-Week Range: $1.00-$3.98

Thursday's Volume: 787,000

Three-Month Average Volume: 557,437

From a technical perspective, ARTX exploded higher here right above some near-term support at $2.55 with above-average volume. This stock recently formed a double bottom chart pattern at $2.52 to $2.55. Following that bottom, shares of ARTX have now started to spike higher and move within range of triggering a near-term breakout trade. That trade will hit if ARTX manages to take out its 50-day moving average of $3.04 to some more near-term overhead resistance at $3.07 with high volume.

Traders should now look for long-biased trades in ARTX as long as it's trending above Thursday's low of $2.70 or above more support at $2.52 and then once it sustains a move or close above those breakout levels with volume that hits near or above 557,437 shares. If that breakout takes hold soon, then ARTX will set up to re-test or possibly take out its next major overhead resistance levels at $3.38 to $3.83, or even its 52-week high at $3.98.

Oculus Innovative Sciences

Oculus Innovative Sciences (OCLS) designs, produces, and markets prescription and non-prescription products based on its Microcyn platform technology for the dermatology, surgical, advanced wound and tissue care, and animal healthcare markets in the U.S., Mexico, Europe, and internationally. This stock closed up 9.2% to $3.89 in Thursday's trading session.

Thursday's Range: $3.55-$3.90

52-Week Range: $2.20-$7.21

Thursday's Volume: 205,000

Three-Month Average Volume: 613,067

From a technical perspective, OCLS ripped sharply higher here right off its 50-day moving average of $3.46 with lighter-than-average volume. This move is quickly pushing shares of OCLS within range of triggering a big breakout trade. That trade will hit if OCLS manages to take out some near-term overhead resistance at $4 with high volume.

Traders should now look for long-biased trades in OCLS as long as it's trending above some near-term support at $3.38 and then once it sustains a move or close above $4 with volume that hits near or above 613,067 shares. If that breakout gets underway soon, then OCLS will set up to re-test or possibly take out its next major overhead resistance levels at $4.35 to $4.67. Any high-volume move above those levels will then give OCLS a chance to trend north of $5.

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.


RELATED LINKS:







Follow Stockpickr on Twitter and become a fan on Facebook.

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.