WINDERMERE, Fla. ( Stockpickr) -- Trading stocks that trigger major breakouts can lead to massive profits. Once a stock trends to a new high, or takes out a prior overhead resistance point, then it's free to find new buyers and momentum players that can ultimately push the stock significantly higher.A great example of a successful breakout trade that I highlighted recently was AuthenTec (AUTH). On Tuesday, I highlighted shares of AUTH in " 4 Stocks Under $10 Making Big Moves," because the stock was moving notably higher with above average volume. Shares of AUTH were also starting to take out some previous overhead resistance levels at $5.19 a share.
5 Biotech Stocks Poised for Breakouts
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