Another stock that's trading within range of triggering a near-term breakout trade is Deckers Outdoor ( DECK), a designer, producer, marketer and brand manager of innovative, high-quality footwear and accessories. This stock has been in a decent uptrend for the last three months, with shares up 14%. If you look at the chart for Deckers Outdoor, you'll see that this stock has been finding buyers over the last month and change any time it's traded down towards its 50-day moving average. Shares of DECK are now bouncing strongly off its 50-day of $37.23 a share and its quickly moving within range of triggering a near-term breakout trade. Market players should now look for long-biased trades in DECK if it manages to break out above some near-term overhead resistance levels at $41 to $41.93 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 2.5 million shares. If that breakout triggers soon, then DECK will set up to re-test or possibly take out its next major overhead resistance levels at $44.16 to its 200-day moving average at $44.36 a share. Any high-volume move back above $44.36 will then put $46 to $49.61 into range for shares of DECK. Traders can look to buy DECK off any weakness to anticipate that breakout and simply use a stop that sits close to its 50-day moving average of $37.23 a share. One can also buy off strength once DECK clears those breakout levels with volume and then use a stop that sits just below $40 to $39 a share. This stock is a favorite target of the bears, since its current short interest as a percentage of its float is a whopping 44.8%. If DECK triggers that breakout soon, then this stock could explode higher due to its high short interest.