DELAFIELD, 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.>>5 Must-See Charts to Buy in July Just take a look at some of the hot movers in the under-$10 complex from Wednesday, including Kimber Resources ( KBX), which soared higher by 24%; Jiayuan.com ( DATE), which ripped higher by 22.5%; UQM Technologies ( UQM), which spiked higher by 22%; and USEC ( USU), which trended up 18.7%. 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 skyrocketed higher was solar power player LDK Solar ( LDK), which I highlighted in June 27's " 5 Stocks Under $10 Set to Soar" at $1.37 a share. I mentioned in that piece that shares of LDK were starting to come out of a downtrend as the stock was moving back above its 200-day moving average, and it was trending within range of its 50-day moving average. That move was setting up LDK for a potential breakout trade above a key downtrend line. >>5 Stocks Set to Soar on Bullish Earnings Guess what happened? Shares of LDK started to flirt with that breakout the following week after the stock hit a high $1.43 to $1.49 a share. Then on Monday of this week LDK triggered that breakout in spades with heavy upside volume of 6.22 million shares versus its three-month average of 2.39 million shares. Shares of LDK rocketed higher on Tuesday and hit a high of $2 a share. That represents a gain of 45% in a very short time frame for anyone who bought the stock in anticipation of the move. Once LDK broke above its downtrend line with volume the stock exploded, so you can see how powerful trading breakouts can be when they trigger. 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. >>Beat the S&P With 5 Stocks Wall Street Hates 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. >>6 Stocks Under $10 Triggering Major Breakouts With that in mind, here's a look at several under-$10 stocks that look poised to trade higher from current levels.