China Green Agriculture Another stock that's trending very close to triggering a major breakout trade is China Green Agriculture ( CGA), which is engaged in the research, development, production and distribution of humic acid based compound fertilizer; and development, production and distribution of top-grade fruits, vegetables, flowers and colored seedlings. This stock has been uptrending modestly so far in 2012, with shares up 16%. If you look at the chart for China Green Agriculture, you'll see that this stock has been trending sideways for the last three months, with shares moving between $2.74 on the downside and $3.76 on the upside. This stock has now started to trend back above its 50-day moving average at $3.39 a share and it's quickly moving within range of breaking out above the upper-end of that sideways trading pattern. A move outside of that range with high volume will likely set up CGA for its next major trend. Traders should now look for long-biased trades in CGA if it manages to break out above some near-term overhead resistance at its 200-day of $3.69 a share and then once it takes out more overhead resistance levels at $3.65 to $3.76 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 56,149 shares. If that breakout hits soon, then CGA will set up to re-test or possibly take out its next major overhead resistance levels at $4.37 to $4.56 a share. Any high-volume move above $4.56 will then put $4.64 to $4.75 a share into focus for CGA. Traders can look to buy CGA off any weakness and simply use a stop that sits close to some near-term support levels at $3.20 to $3.11 a share. One can also buy off strength once CGA takes out those breakout levels with volume and then simply use a stop that sits right around its 50-day moving average of $3.39 a share.