Another stock that's moving within range of triggering a major breakout trade is NuVasive ( NUVA), which is a medical device company focused on the design, development and marketing of products for the surgical treatment of spine disorders. This stock is off to a hot start in 2013, with shares up 20%. If you look at the chart for NuVasive, you'll notice that this stock has been uptrending very strong for the last four months, with shares soaring higher from its low of $12.35 to its intraday high of $18.70 a share. During that uptrend, shares of NUVA have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of NUVA within range of triggering a major breakout trade. Traders should now look for long-biased trades in NUVA if it manages to break out above its 200-day moving average of $18.65 a share with high volume. Look for a sustained move or close above $18.65 a share with volume that registers near or above its three-month average volume of 553,042 shares. If that breakout triggers soon, then NVA will set up to re-fill some of its previous gap down zone from last October that started just above $23 a share. Traders can look to buy NUVA off any weakness to anticipate that breakout and simply use a stop that sits right below its 50-day moving average of $17 a share. One can also buy off strength once NUVA takes out its 200-day at $18.65 a share with volume and then simply use that sits just below $18 a share.