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.>>Why You Should Buy Hedge Funds' 5 Favorite Stocks Just take a look at some of the hot movers in the under-$10 complex from Thursday, including Biostar Pharmaceuticals ( BSPM), which is soaring higher by 49%; YuMe ( YUME), which is ripping to the upside by 30%; BioFuels Energy ( BIOF), which is jumping higher by 27%; and Metabolix ( MBLX), which is spiking higher by 34%. 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 soared higher was healthcare player NuPathe ( PATH), which I highlighted in Nov. 7's " 5 Stocks Under $10 Set to Soar" at $1.75 per share. I mentioned in that piece that shares of NuPathe had just started to reverse its downtrend, which was signaling that the downside volatility for the stock was potentially over in the short-term. That reversal in trend was quickly pushing shares of PATH within range of triggering a breakout trade above some near-term overhead resistance at $1.79 a share. >>5 Stocks With Big Insider Buying Guess what happened? Shares of NuPathe didn't wait long to trigger that breakout, since the stock exploded the upside on Nov. 8 with monster upside volume. Shares of PATH went on to tag an intraday high the following trading session at $2.42 a share. That represents a big gain of close to 40% in just a few days for anyone who bought shares of PATH and played this breakout setup. As you can see, trading breakouts that trigger with volume can produce huge profits in very short order. 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 Set to Soar on Bullish Earnings 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.