DELAFIELD, Wis. ( Stockpickr) -- There isn't a day that goes by on Wall Street when certain stocks trading for $10 a share or less don't experience massive spikes higher. Traders savvy enough to follow the low-priced names and trade them with discipline and sound risk management are banking ridiculous coin on a regular basis.>>5 Stocks Insiders Love Right Now Just take a look at some of the hot movers in the under-$10 complex from Thursday, including CombiMatrix ( CBMX), which is exploding higher by 77%; Dex Media ( DXM), which is ripping higher by 17%; Organovo ( ONVO), which is spiking higher by 17%; and CounterPath ( CPHA), which is jumping to the upside by 17%. You don't even have to catch the entire move in lower-priced stocks such as these to make outsized returns when trading. One low-priced stock that recently exploded higher was technology player Zhone Technologies ( ZHNE), which I highlighted in Nov. 20's " 4 Stocks Under $10 Moving Higher" at $3.95 per share. I mentioned in that piece that shares of Zhone Technologies were finding buying interest over the last few weeks each time it pulled back right near its 50-day moving average. That action was starting to push shares of ZHNE within range of triggering a major breakout trade above some key overhead resistance levels at $4.10 to $4.58 a share. >>Profit From 5 Trades Warren Buffett Made Guess what happened? Shares of Zone Technologies didn't wait long to trigger that breakout, since the stock took out those key resistance levels the following day with monster upside volume. This stock exploded to the upside on Wednesday tagging an intraday high of $5.70 a share. That represents a gain of over 40% in just one day as shares of ZHNE exploded higher with bullish upside volume flows. Low-priced stocks are something that I tweet about on a regular basis. I frequently flag high-probability setups, breakout candidates and low-priced stocks that are acting technically bullish. I like to hunt for low-priced stocks that are showing bullish price and volume trends, since that increases the probability of those stocks heading higher. These setups often produce monster moves higher in very short time frames. I'm not as eager to recommend investing long-term in stocks that trade less than $10 a share because these names can be very speculative, and the odds for picking the long-term winners aren't great. But I definitely love to trade stocks that are priced below $10. I like to view them as a trading vehicle with lots of volatility and lots of upside when the trade is timed right. >>5 Toxic Stocks to Sell Before It's Too Late When I trade under-$10 names, I do it almost entirely based off of the charts and technical analysis. I also like to find under-$10 names with a catalyst, but that's secondary to the chart and volume patterns. With that in mind, here's a look at several under-$10 stocks that look poised to trade higher from current levels.