MADISON, 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.Just take a look at some of the hot movers in the under-$10 complex from Wednesday, including James River Coal ( JRCC), which skyrocketed higher by 29%; Brightcove ( BCOV), which ripped higher by 24.7%; Synacor ( SYNC), which surged by 21.9%; and MediciNova ( MNOV), which spiked up by 21.9%. 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 in May One low-priced stock that recently broke out and soared higher is biopharmaceutical player Raptor Pharmaceuticals ( RPTP), which I highlighted in March 7's " 5 Stocks Under $10 Set to Soar" at around $5.30 a share. I mentioned in that piece that RPTP was just starting to trend back above its 200-day moving average with strong upside volume flows. That move was quickly pushing the stock within range of triggering a breakout trade above some near-term overhead resistance levels at $5.29 to $5.56 a share and above its 50-day moving average. Guess what happened? Shares of RPTP went on to trigger that breakout as the stock cleared its 50-day moving average and never looked back from that level. Shares of RPTP continued on its uptrend with the stock soaring to its recent high of $7.67 a share, which it hit earlier this week. What was great about this play is that as RPTP broke out the stock never broke its uptrend or its 50-day moving average. That move registered a large gain in a very short timeframe of about two months for anyone who played the breakout. >>5 Stocks Set to Soar on Bullish Earnings 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 Stocks Insiders Love Right 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. >>Stocks Are Doomed. Buy More Stocks.