Cambrex One stock in the biotechnology and drugs complex that's already starting to enter breakout territory is Cambrex ( CBM), a life sciences company that provides essential products and services to accelerate drug discovery, development and manufacturing processes for human therapeutics. This stock has been blazing a path to the upside so far in 2012, with shares up over 85%. >>4 Big Stocks to Trade (or Not) If you take a look at the chart for Cambrex, you'll notice that this stock has been trending sideways for the last two months, with shares moving between $11.60 on the downside and $13.77 on the upside. As CBM has trended sideways, the stock has managed to hold above its 50-day moving average. A move outside of that sideways range will likely setup the next major trend for CBM. Traders should now look for long-biased trades in CBM once it manages to break out above some near-term overhead resistance at $13.77 a share with high volume. Look for a sustained move or close above $13.77 with volume that hits near or above its three-month average action of 261,283 shares. If that breakout triggers soon, then CBM will have a great chance of re-testing or possibly taking out its next major overhead resistance at around $24 a share. Traders can look to buy CBM off any weakness to anticipate that breakout, and simply use a stop that sits right below its 50-day moving average of $12.29 a share. Take-Two Interactive Software Another stock in the that's setting up for a near-term breakout trade is Take-Two Interactive Software ( TTWO), a developer, marketer and publisher of interactive entertainment for consumers around the globe. This stock is off to a weak start in 2012, with shares down by around 18%. >>5 Toxic Tech Stocks to Sell Now If you take a look at the chart for Take-Two Interactive Software, you'll see that this stock has also been trending sideways for the last month and change, with shares moving between $9.86 on the downside and $11.36 on the upside. During that timeframe, shares of TTWO have been able to hold its trend above its 50-day moving average. A move outside of that range for TTWO will likely setup the next major trend for the stock.