Another under-$10 stock in the personal services complex that's setting up to trend higher is Jiayuan.com International ( DATE), an online dating platform in China. This stock is off to a weak start in 2012, with shares off by around 17%. If you take a look at the chart for Jiayuan.com International, you'll see that this stock has been downtrending hard for most of the year, with shares dropping from close to $8 a share to a recent low of $3.60 a share. During that sharp move lower, shares of Jiayuan.com International have been making lower highs and lower lows, which is bearish technical price action. That said, the stock has now rebounded off that $3.60 low and started to trend higher to sideways. That move has pushed DATE within range of triggering a near-term breakout trade. >>5 Stocks to Buy and Hold for True Value Traders should now look for long-biased trades in DATE if it can manage to trigger a breakout trade above some near-term overhead resistance at $5.02 a share with high-volume. Look for volume on a sustained move or close above $5.02 that registers near or above its three-month average action of 70,694 shares. If we get that action soon, then DATE will have little resistance until $5.45 to $6.00 a share. Any high-volume move over $6 could mean DATE is ready to fill a previous gap-down that takes this stock back towards $7.25 to $7.50 a share. If you're in the bull camp on DATE, then one could anticipate the breakout and look to buy this stock off weakness and simply use a stop that's a few percentage points below its 50-day moving average of $4.77 a share. You could even go all the way down to $4.55 a share, since that's where the stock has found big-time buying interest during the past month. One could also just get long off strength once DATE takes out $5.02 with high-volume. I would still use a stop around the 50-day if you buy off strength.