One more stock that could be ready to trigger a near-term breakout trade is rental and leasing player Hertz Global ( HTZ), which, through its subsidiaries, engages in the car and equipment rental businesses worldwide. The company operates in two segments, Car Rental and Equipment Rental. This stock is up modestly so far in 2012, with shares higher by around 11%. If you look at the chart for Hertz Global, you'll notice that this stock recently traded down from $13.70 to $10.22 a share with heavy selling volume. During that slide lower, shares of Hertz Global were consistently making lower highs and lower lows, which is bearish technical price action. That said, the stock has started to rebound sharply off that $10.32 low with strong volume, and it's started to move back above its 50-day moving average of $12.29 a share. That move is quickly pushing HTZ within range of triggering a near-term breakout trade. Traders should now look for long-biased traders in HTZ once it manages to clear some near-term overhead resistance levels at $13 to $13.13 a share, and then above $13.70 to $13.91 a share with high volume. Look for volume off that move that hits near or above its three-month average action of 5,636,770 shares. If that breakout triggers soon, then HTZ has a great chance of re-testing and possibly taking out its May high of $16.64 a share. One could look to get long HTZ off weakness and simply use a stop right around its 50-day moving average of $12.29 a share. You could also just buy off strength once HTZ takes out $13 and then its 200-day moving average of $13.13 a share with high volume. I would look to add to ether position once HTZ clears $13.70 to $13.91 with heavy volume. If you buy HTZ off strength, use a stop that sits near $12.34 or below the 50-day. To see more breakout candidates, check out the Breakout Stocks of the Week portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.