Stock Quotes in this Article: ALXA, CPST, EMKR, TGE, BIRT

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.

Read More: Warren Buffett's Top 10 Dividend Stocks

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.

Read More: 5 Stocks With Big Insider Buying

TGC Industries

TGC Industries (TGE) provides geophysical services to companies in the oil and gas industry in the U.S. and Canada. This stock closed up 1.8% to $3.86 in Tuesday's trading session.

Tuesday's Range: $3.76-$3.89
52-Week Range: $3.69-$8.53
Tuesday's Volume: 382,000
Three-Month Average Volume: 114,667

From a technical perspective, TGE jumped modestly higher here right above some near-term support at $3.69 with above-average volume flows. This stock recently formed a double bottom chart pattern at $3.72 to $3.69. Following that bottom, shares of TGE have now started to spike higher and it's quickly moving within range of triggering a big breakout trade. That trade will hit if TGE manages to take out some key near-term overhead resistance levels at $3.95 to $4 with high volume.

Traders should now look for long-biased trades in TGE 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 hits near or above 114,667 shares. If that breakout triggers soon, then TGE will set up to re-test or possibly take out its next major overhead resistance levels at $4.25 to its 50-day moving average of $4.52, or even $4.75 to $5.

Actuate

Actuate (BIRT) provides software solutions and services to corporate and government customers worldwide. This stock closed up 1.7% to $4.54 in Tuesday's trading session.

Tuesday's Range: $4.43-$4.57
52-Week Range: $3.41-$8.23
Tuesday's Volume: 213,000
Three-Month Average Volume: 319,262

From a technical perspective, BIRT trended modestly higher here back above its 50-day moving average of $4.51 with lighter-than-average volume. This move to the upside on Tuesday is starting to push shares of BIRT within range of triggering a major breakout trade. That trade will hit trigger if BIRT manages to take out some key overhead resistance levels at $4.60 to $4.75 and then above more resistance at $4.85 with high volume.

Traders should now look for long-biased trades in BIRT as long as it's trending above some key near-term support levels at $4.30 to $4.25 and then once it sustains a move or close above those breakout levels with volume that hits near or above 319,262 shares. If that breakout starts soon, then BIRT will set up to re-fill some of its previous gap-down-day zone from May that started near $6.

EMCORE

EMCORE (EMKR), together with its subsidiaries, provides compound semiconductor-based products for the broadband, fiber optics, satellite, and solar power markets. This stock closed up 1% to $4.09 in Tuesday's trading session.

Tuesday's Range: $4.00-$4.14
52-Week Range: $3.50-$5.62
Tuesday's Volume: 187,000
Three-Month Average Volume: 103,744

From a technical perspective, EMKR trended modestly higher here back above its 50-day moving average of $4.03 with above-average volume. This stock has been making higher lows over the last three months each time it has pulled back, which is a bullish technical sign. This spike to the upside on Tuesday is starting to push shares of EMKR within range of triggering a big breakout trade. That trade will hit if EMRK manages to take out some key near-term overhead resistance levels at $4.16 to $4.20 and then above $4.22 with high volume.

Traders should now look for long-biased trades in EMKR as long as it's trending above some key near-term support levels at $3.90 to $3.86 or above more support at $3.78 and then once it sustains a move or close above those breakout levels with volume that hits near or above 103,744 shares. If that breakout gets underway soon, then EMKR will set up to re-test or possibly take out its next major overhead resistance levels at $4.53 to its 200-day moving average of $4.65, or even $5 to $5.30.

Capstone Turbine

Capstone Turbine (CPST) develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide. This stock closed up 2.5% to $1.22 in Tuesday's trading session.

Tuesday's Range: $1.19-$1.23
52-Week Range: $1.07-$2.60
Tuesday's Volume: 6.73 million
Three-Month Average Volume: 3.66 million

From a technical perspective, CPST bounced notably higher here right off some near-term support at $1.20 with strong upside volume flows. This stock has been uptrending marginally over the last week or so with heavy upside volume flows. This move has now pushed shares of CPST within range of triggering near-term breakout trade. That trade will hit if CPST manages to take out Tuesday's intraday high of $1.23 to its recent gap-down-day high of $1.30 with high volume.

Traders should now look for long-biased trades in CPST as long as it's trending above its recent low of $1.11 and then once it sustains a move or close above those breakout levels with volume that hits near or above 3.66 million shares. If that breakout triggers soon, then CPST will set up to re-test or possibly take out its next major overhead resistance levels at $1.42 to $1.45, or even $1.55 to $1.60.

Alexza Pharmaceuticals

Alexza Pharmaceuticals (ALXA), a pharmaceutical company, focuses on the research, development, and commercialization of novel proprietary products for the acute treatment of central nervous system conditions worldwide. This stock closed up 1.1% to $3.62 in Tuesday's trading session.

Tuesday's Range: $3.56-$3.65
52-Week Range: $3.41-$5.93
Tuesday's Volume: 217,000
Three-Month Average Volume: 121,484

From a technical perspective, ALXA trended modestly higher here right above some near-term support at $3.41 with above-average volume. This stock recently gapped down sharply from $4.90 to under $3.80 with monster downside volume flows. Following that move, shares of ALXA have now started to rebound a bit off that recent low and it's quickly moving within range of triggering a near-term breakout trade. That trade will hit if ALXA manages to take out Tuesday's intraday high of $3.65 to some more near-term overhead resistance at $3.68 with high volume.

Traders should now look for long-biased trades in ALXA as long as it's trending above that recent low of $3.41 and then once it sustains a move or close above those breakout levels with volume that hits near or above 121,484 shares. If that breakout begins soon, then ALXA will set up to re-fill some of its previous gap-down-day zone from earlier this month that started near $4.90.

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.