Traders should now look for long-biased trades in VDSI once it breaks out above some near-term overhead resistance levels at $7.49 to $7.60 a share, and then once it clears its gap down day high of $7.90 a share with high volume. Look for a sustained move or close above those levels with volume that hits close to or above its three-month average action of 167,948 shares. If that breakout triggers soon, then VDSI will set up to re-test or possibly take out its next significant overhead resistance levels at $8.64 to $9 a share, or possibly even $9.95 to $10.41 a share. One could look to buy VDSI off weakness to anticipate that breakout and simply use a stop that sits just below some previous support levels at $7 to $6.95 a share. One could also buy off strength once VDSI clears those breakout levels with volume and then simply use a stop that sits just below $7.25 a share. To see more hot under-$10 equities, check out the Stocks Under $10 Setting Up to Explode portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.