My final idea that's trending very close to triggering a near-term breakout trade is Blyth ( BTH), which designs and markets home fragrance products and decorative accessories, as well as weight management products, nutritional supplements and energy drinks. This stock has been crushed by the sellers during the last six months, with shares down by 47%. If you look at the chart for Blyth, you'll notice that this stock has been uptrending modestly for the last month, with shares moving higher from its recent low of $14.01 a share to its intraday high of $18.75 a share. During that uptrend, shares of BTH have been consistently making higher lows and higher highs, which is bullish technical price action. This stock has also just started to trend back above its 50-day moving average of $16.76 a share and it's starting to clear some near-term overhead resistance at 417.48 a share. That move is quickly pushing BTH within range of triggering another near-term breakout trade. Traders should now look for long-biased trades in BTH if it manages to break out above some near-term overhead resistance levels at $17.48 to $19.69 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 483,161 shares. If that breakout hits soon, then BTH will set up to re-test or possibly take out its next major overhead resistance levels at $23 to $24 a share. Any high-volume move above those levels will then put $27 to $28.67 a share into focus for shares of BTH. Traders can look to buy BTH off any weakness to anticipate that breakout and then simply use a stop that sits just below its 50-day moving average of $16.76 a share or around some key near-term support at $15.19 a share. One could also buy BTH off strength once it takes out those breakout levels with volume and then simply use a stop just below $19 a share or just below the 50-day if buy once it clears $17.48 a share first. To see more breakout candidates, check out the Breakout Stocks of the Week portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.