WINDERMERE, Fla. ( Stockpickr) -- There isn't a day that goes by on Wall Street when certain stocks trading near or 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 hot movers in the under-$10 complex from Wednesday, including Cyclacel Pharmaceuticals ( CYCC), which exploded higher by 27%; Achillion Pharmaceuticals ( ACHN), which soared by 26%; Groupon ( GRPN), which ripped higher by 13%; and Zogenix ( ZGNX), which finished up 11%. You don't even have to catch the entire move in lower-priced stocks such as these to make outsized returns when trading. A low-priced stock that I recently flagged that went on to skyrocket to the upside was BioFuel Energy ( BIOF). I highlighted BIOF in my Aug. 2 " 5 Stocks Under $10 Ready to Soar Higher" article at around $3.30 a share. I mentioned that BIOF was starting to reverse its downtrend and large upside volume was starting to move into the stock. I also highlighted how BIOF was setting up to trigger a near-term breakout trade above $3.39 to $3.75 a share. >>5 Huge Stocks Ready to Slingshot Higher Guess what happened? Shares of BIOF trended sideways for a few weeks as it continued to make higher lows, and then in early September massive upside volume flowed into the stock as it skyrocketed and triggered that breakout. The stock went on to hit a recent high of $10.75 a share, which is a monster gain from where I initially flagged the stock at around $3.30 a share. Sometimes the breakouts don't happen right away, but as you can see when they do they can still be extremely powerful. 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. 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 Now 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.