U.S. Auto Parts Network One under-$10 name that's trending very close to triggering a major breakout trade is U.S. Auto Parts Network ( PRTS), which is a distributor of aftermarket auto parts and accessories. This stock has been destroyed the bears during the last six months, with shares off by a whopping 56%. If you take a look at the chart for U.S. Auto Parts Networks, you'll see that this stock has been trending sideways during the last two months, with shares moving between $1.71 on the downside and $2.06 on the upside. Shares of PRTS are just starting to spike higher today and move within range of its 50-day moving average of $1.96 a share. The stock is also starting to trend close to breaking out above the upper-end of its recent sideways trading pattern. Traders should now look for long-biased trades in PRTS if it manages to break out above some near-term overhead resistance levels at $1.92 to $1.99 a share and then once it clears more resistance at $2 to $2.06 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 37,810 shares. If that breakout triggers soon, then PRTS will set up to re-test or possibly take out its next major overhead resistance levels at $2.50 to its 200-day moving average of $3.23 a share. Traders can look to buy PRTS off any weakness to anticipate that breakout and then simply use a stop that sits just below some key near-term support at $1.71 a share. One could also buy PRTS off strength once it clears those breakout levels with volume and then simply use a stop that sits just below its 50-day moving average of $1.96 a share.