Another stock that's quickly moving within range of triggering a major breakout trade is Atossa Genetics ( ATOS), a health care company focused on the commercialization of cellular and molecular diagnostic risk assessment products and related services for the detection of pre-cancerous conditions that could lead to breast cancer. This stock has been on fire so far in 2013, with shares up 101%. This company has a catalyst on the horizon, since its set to present at the 25th Annual Roth Conference on March 19. The company plans on discussing its growth strategy and will provide updates on its national rollout of ForeCYTE Breast Health Test. If you look at the chart for Atossa Genetics, you'll notice that this stock recently formed a double bottom chart pattern at around $6.10 to $6.20 a share. That bottoming pattern also formed right above ATOS's 50-day moving average of $5.68 a share. Shares of ATOS are now starting to rip significantly higher off that double-bottom area, and the stock is quickly moving within range of triggering a major breakout trade. At last check, ATOS has hit an intraday high of $8.25 and volume at over 245,000 shares is dramatically higher than its three-month average action of 20,172 shares. Market players should now look for long-biased trades in ATOS if it manages to break out above its intraday high of $8.25 a share and then its all-time high of $9.45 a share with high volume. Look for a sustained move or close above those breakout levels with volume that hits near or above its three-month average action of 20,172 shares. If that breakout triggers soon, then ATOS will enter new all-time high territory above $9.45, which is bullish technical price action. Some possible upside targets are $13 to $15 a share, or even higher. Traders can look to buy ATOS off any notable weakness to anticipate that breakout and simply use a stop that sits near today's low of $6.45 or near that double bottom area at $6.20 to $6.10 a share. One can also buy ATOS off strength once it clears those breakout levels with volume and then simply use a stop that's a comfortable percentage from your entry point.