Traders should now look for long-biased trades in MDLZ as long as it's trending above its 50-day at $27.04, and then once it sustains a move or close above some near-term overhead resistance levels at $28.32 to $28.48 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 12.59 million shares. If that breakout triggers soon, then MDLZ will set up to trend potentially well north of $30 a share. Fastenal One more stock to consider with some decent insider buying is Fastenal ( FAST), which is in the wholesale distribution of industrial and construction supplies in North America. Insiders are buying this stock into solid strength, since shares are up 27% during the last three months. Fastenal has a market cap of $15.4 billion and an enterprise value of $15.02 billion. This stock trades at a premium valuation, with a trailing price-to-earnings of 36.60 and a forward price-to-earnings of 27.20. Its estimated growth rate for this year is 15.5%, and for next year it's pegged at 16.5%. This is a cash-rich company, since the total cash position on its balance sheet is $79.96 million and its total debt is zero. A director just bought 10,000 shares, or about $528,000 worth of stock, at $52.87 per share. From a technical perspective, FAST is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has been uptrending strong for the last three months and change, with shares soaring higher from its low of $39.45 to its recent high of $53.38 a share. During that uptrend, shares of FAST have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of FAST within range of triggering a near-term breakout trade. If you're bullish on FAST, then look for long-biased as long as it's trending above some key near-term support at $50.64, and then once it breaks out above some key overhead resistance at $53.38 to $53.60 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 2.02 million shares. If that breakout triggers soon, then FAST will set up to potentially trend towards $60 a share or higher.