WINDERMERE, Fla. ( 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 Setting Up to Break Out Just take a look at some of the hot movers in the under-$10 complex from Wednesday, including First Security Group ( FSGI), which surged by 15.4%; Globus Maritime ( GLBS), which soared by 13.6%; Unilife ( ( UNIS)), which ripped higher by 12.8%; and China Gerui Advanced Materials Group ( CHOP), which trended up by 10.2%. 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 ripped higher was Novatel Wireless ( NVTL), which I highlighted in Jan. 10's " 5 Under-$10 Stocks Primed to Rise in January" at around $1.40 a share. In that piece I mentioned that NVTL was uptrending recently and making higher lows and higher highs, which is bullish technical price action. I pointed out how NVTL was just starting to trend back above its 50-day moving average of $1.39 with decent upside volume. That move was quickly pushing the stock within range of triggering a breakout trade above some near-term overhead resistance levels at $1.45 to $1.50 a share. Guess what happened? Shares of NVTL triggered that breakout on Wednesday with monster upside volume. The stock soared from $1.50 to $1.80 a share, which is a big gain for anyone who was simply prepared and traded that breakout once it triggered. What was great about this breakout is that the volume the day before was brisk as shares of NVTL tagged $1.55 a share and closed above its 50-day moving average. This was a clear sign of accumulation and you can see what happened on Wednesday when the stock exploded to the upside. >>5 Earnings Stocks Poised to Pop 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. 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.