DELAFIELD, Wis. (Stockpickr) -- There isn't a day that goes by on Wall Street when certain stocks trading for under $10 a share 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.

Just take a look at some of the big movers in the under-$10 complex from Wednesday, including Ballard Power Systems(BLDP) - Get Report , which exploded higher by 60%; CafePress (PRSS) , which soared by 34%; Lucas Energy (LEI) , which screamed to the upside by 31%; and Standard Register(SR) - Get Report , which jumped higher by 28%. You don't even have to catch the entire move in lower-priced stocks such as these to make outsized returns when trading.

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.

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 potentially trade higher from current levels.

Real Goods Solar

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One under-$10 solar player that's starting to trend within range of triggering a near-term breakout trade is Real Goods Solar (RGSE) , which operates as a residential and commercial solar energy engineering, procurement, and construction company in the U.S. This stock has been destroyed by the sellers over the last six months, with shares crashing lower by 84%.

If you take a glance at the chart for Real Goods Solar, you'll notice that this stock has been downtrending badly over the last six months, with shares plunging sharply lower from over $2 a share to its new 52-week low of 35 cents per share. During that downtrend, shares of RGSE have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of RGSE have now started to bounce a bit off that 35 cents per share low and it's now beginning to trend within range of triggering a near-term breakout trade.

Traders should now look for long-biased trades in RGSE if it manages to break out above some near-term overhead resistance levels at 42 to around 45 cents per share with high volume. Look for a sustained move or close above those levels with volume that registers near or above its three-month average action of 1.14 million shares. If that breakout triggers soon, then RGSE will set up to re-test or possibly take out its next major overhead resistance levels at around 50 cents per share to its 50-day moving average of 53 cents per share, or even 58 to 60 cents per share.

Traders can look to buy RGSE off weakness to anticipate that breakout and simply use a stop that sits right below its new 52-week low of 35 cents per share. One can also buy RGSE off strength once it starts to clear those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.

Voxeljet

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Another under-$10 stock that's starting to move within range of triggering a big breakout trade is Voxeljet (VJET) - Get Report , which provides three-dimensional printers and on-demand parts services to industrial and commercial customers. This stock has been hit hard by the bears over the last six months, with shares down sharply by 42%.

If you take a look at the chart for Voxeljet AG, you'll notice that this stock recently formed a major bottoming chart pattern, since shares found buying interest at $7.13, $7.32 and $7.21 a share. Following that bottom, shares of VJET have started to trend higher with the stock moving back above its 50-day moving average of $8.21 a share. Shares of VJET have also broken out recently above some key near-term overhead resistance levels at $8.48 to $8.88 a share. That move is now quickly pushing shares of VJET within range of triggering a much bigger breakout trade above some key near-term overhead resistance levels.

Market players should now look for long-biased trades in VJET if it manages to break out above Wednesday's intraday high of $9.44 a share and then above more key overhead resistance at $9.54 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action 342,061 shares. If that breakout develops soon, then VJET will set up to re-test or possibly take out its next major overhead resistance levels at $11 to $12 a share, or even its 200-day moving average of $13.60 a share.

Traders can look to buy VJET off weakness to anticipate that breakout and simply use a stop that sits right around its 50-day moving average of $8.31 a share or near more support at $7.76 a share. One can also buy VJET off strength once it starts to take out those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.

Comstock Resources

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One under-$10 independent energy player that's beginning to move within range of triggering a big breakout trade is Comstock Resources(CRK) - Get Report which acquires, develops, explores and produces oil and natural gas properties in the U.S. This stock has been annihilated by the bears over the last six months, with shares down huge by 78%.

If you take a glance at the chart for Comstock Resources, you'll notice that this stock has been downtrending badly for the last six months, with shares plunging lower from over $22 a share to its new 52-week low of $3.58 a share. During that downtrend, shares of CRK have been making mostly lower highs and lower lows, which is bearish technical price action. This stock just broke its low of around $4.25 a share in late January and since then it has rebounded sharply higher to around $6.39 a share. Shares then pulled back off that level and found some support at around $4.73 a share. This stock is now starting to trend higher again and it's beginning to move within range of triggering a big breakout trade above a key downtrend line.

Traders should now look for long-biased trades in CRK if it manages to break out above some key near-term overhead resistance levels at its 50-day moving average of $5.82 a share and then above more resistance at $6.39 a share with high volume. Look for a sustained move or close above those levels with volume that registers near or above its three-month average volume of 3.18 million shares. If that breakout kicks off soon, then CRK will set up to re-test or possibly take out its next major overhead resistance level at $7.58 a share. Any high-volume move above that level will then give CRK a chance to tag $9 to $10 a share.

Traders can look to buy CRK off weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support at $4.73 a share. One can also buy CRK off strength once it starts to bust above those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.

Rubicon Technology

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Another under-$10 stock that's starting to trend within range of triggering a near-term breakout trade is Rubicon Technology(RBCN) - Get Report , which develops, manufactures, and sells monocrystalline sapphire and other crystalline products for light-emitting diodes, radio frequency integrated circuits, blue laser diodes, optoelectronics, and other optical applications. This stock has been slammed lower by the sellers over the last six months, with shares down sharply by 25%.

If you look at the chart for Rubicon Technology, you'll see that this stock has formed a major bottoming chart pattern over the last two months and change, with shares finding buying interest whenever it has traded down to around $3.80 a share. Shares of RBCN have now started to bounce higher off those support levels and the stock is also bouncing higher right off its 50-day moving average of $4.25 a share. That move is now quickly pushing shares of RBCN within range of triggering a near-term breakout trade above some key overhead resistance levels.

Market players should now look for long-biased trades in RBCN if it manages to break out above some key near-term overhead resistance levels at $4.64 to $4.77 a share with high volume. Look for a sustained move or close above those levels with volume that registers near or above its three-month average action of 368,274 shares. If that breakout materializes soon, then RBCN will set up to re-test or possibly take out its next major overhead resistance level at $5.37 a share. Any high-volume move above that level will then give RBCN a chance to tag its 200-day moving average of $5.97 a share.

Traders can look to buy RBCN off weakness to anticipate that breakout and simply use a stop that sits right below some near-term support at $4.15 a share or down near those major bottoming support levels at $3.80 to $3.75 a share. One can also buy RBCN off strength once it starts to take out those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.

StealthGas

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One final under-$10 stock that's starting to spike within range of triggering a big breakout trade is StealthGas(GASS) - Get Report , which provides seaborne transportation services to liquefied petroleum gas producers and users worldwide. This stock has been slammed lower by the sellers over the last six months, with shares off sharply by 46%.

If you take a glance at the chart for StealthGas, you'll see that this stock has recently formed a double bottom chart pattern, since over the last two months and change buyers have stepped in to support the stock at $5.24 and $5.25 a share. This possible bottom is coming after shares of GASS were in a severe downtrend over the last five months, with shares dropping sharply lower from $10.01 to $5.24 a share. Shares of GASS have now started to spike higher off those double bottom support levels and it's beginning to flirt with a big breakout trade above a key downtrend line.

Traders should now look for long-biased trades in GASS if it manages to break out above some key near-term overhead resistance levels at $5.57 to its 50-day moving average of $5.92 a share and then above more resistance at $6 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action 211,869 shares. If that breakout begins soon, then GASS will set up re-test or possibly take out its next major overhead resistance level at $6.48 a share. Any high-volume move above that level then give GASS a chance to tag $7 to $7.50 a share, or even $8 a share.

Traders can look to buy GASS off weakness to anticipate that breakout and simply use a stop that sits right below those double bottom support levels at $5.25 to its 52-week low at $5.24 a share. One can also buy GASS off strength once it starts to take out those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.

-- 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.