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 Big Trades for a Market Top Just take a look at some of the hot movers in the under-$10 complex from Wednesday, including Alvarion ( ALVR), which skyrocketed higher by 65.7%; ECOtality ( ECTY), which soared higher by 37.5%; On Track Innovations ( OTIV), which ripped higher by 25.5%; and Astex Pharmaceuticals ( ASTX), which jumped higher by 24.5%. 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 to the upside was shipping player Genco Shipping & Trading ( GNK), which I highlighted in Aug. 15's " 5 Stocks Under $10 Set to Soar" at around $2.08 per share. I mentioned in that piece that shares of GNK were bucking the overall market weakness since the stock was counter-trending in a weak tape. Shares of GNK were also starting to spike higher right off its 50-day moving average with decent upside volume. That move was starting to push shares of GNK within range of triggering a near-term breakout trade above some key overhead resistance levels at $2.32 to $2.36 a share, and then above its 200-day at $2.47 a share. >>Triple Your Gains With These 5 Cash-Rich Stocks Guess what happened? Shares of GNK pulled back to its 50-day moving average on August 19 after hitting an intraday low of $1.85 a share. This stock held that key technical level, and then it went on to trigger that breakout on August 22 with strong upside volume flows. This stock hit a recent intraday high of $3.30 a share, which represents a large gain of close to 60% for anyone who played the stock from the $2.08 a share level. That's a huge gain in a very short timeframe for anyone who played the breakout 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. >>4 Stocks in Breakout Territory on Big Volume 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. >>5 Stocks Insiders Love Right Now With that in mind, here's a look at several under-$10 stocks that look poised to potentially trade higher from current levels.