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 Stocks to Trade for Gains: Must-See Charts Just take a look at some of the hot movers in the under-$10 complex from Wednesday, including Clean Diesel Technologies ( CDTI), which skyrocketed higher by 49.1%; Zhone Technologies ( ZHNE), which soared higher by 35.5%; Top Ships ( TOPS), which spiked higher by 26.5%; and Mastech ( MHH), which jumped higher by 23.4%. 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 exploded higher was solar power player Suntech Power ( STP), which I highlighted in June 27's " 5 Stocks Under $10 Set to Soar" at $1.05 a share. I mentioned in that piece that shares of STP had recently formed a triple bottom chart pattern, with the stock finding buying interest at 86 cents, 89 cents and 93 cents per share. This stock was starting to bounce off that support zone and move within range of triggering a major breakout trade. That trade was set to hit if STP managed to take out some near-term overhead resistance levels at $1.18 to $1.28 a share with high volume. >>5 Stocks Insiders Love Right Now Guess what happened? Shares of STP started to trigger that breakout on July 15 with heavy upside volume. The stock closed at $1.40 a share on that day and then it went on to hit an intraday high of $1.68 a share the following trading session with monster upside volume. Had you bought STP off weakness and anticipated that move, then you would have captured a gain of close to 60% from when my article first hit. Shares of STP are now setting up again for another breakout trade above $1.68 a share. If that breakout triggers soon, then this stock could easily hit $1.80 a share to north of $2 a share. 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. >>5 Toxic Stocks to Sell Now 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.