WINDERMERE, Fla. ( Stockpickr) -- Every day on Wall Street, certain stocks trading for $10 a share or less 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 today, including Immersion ( IMMR), which is ripping higher by 42%; IFM Investments ( CTC), which is soaring by 30%; Himax Technologies ( HIMX), which is exploding higher by 18%; and FreeSeas ( FREE), which is surging by 16%. You don't even have to catch the entire move in lower-priced stocks such as these to make outsized returns when trading. >>5 Huge Stocks to Trade for Gains in March One low-priced stock that recently exploded higher was private mortgage insurer in the U.S. MTG Investment ( MTG), which I highlighted in Feb. 28's " 8 Stocks Under $10 Moving Higher" at around $3 a share. I mentioned in that piece that shares of MTG were soaring higher back above its 50-day moving average of $2.76 a share with monster upside volume. That move was quickly pushing MTG within range of triggering a breakout trade above some near-term overhead resistance levels at $2.96 to $3.33 a share. Guess what happened? Shares of MTG triggered that breakout the following day with heavy upside volume. The stock continued to explode higher in the following days with shares hitting a high of $6.19 on Wednesday. That's a monster gain for anyone who played the breakout and the best part about it is that volume was strong which raised the probability of a huge move. 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. >>3 Foreign Stocks to Trade (or Not) 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. >>5 Favorite Stocks From the Pros
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