My final breakout trade idea today is Sandstorm Gold ( SAND), a growth-focused resource-based company that seeks to complete gold purchase agreements with gold mining companies that have advanced stage development projects or operating mines. This stock has been trending lower so far in 2013, with shares off by 15%. If you look at the chart for Sandstorm Gold, you'll notice that this stock has been uptrending strong for the last few weeks, with shares ripping higher from its low of $8.25 a share to its recent high of $10.22 a share. During that uptrend, shares of SAND have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of SAND within range of triggering a near-term breakout trade. Traders should now look for long-biased trades in SAND if it manages to break out above some near-term overhead resistance at $10.22 a share with high volume. Look for a sustained move or close above $10.22 a share with volume that registers near or above its three-month average action of 461,963 shares. If that breakout triggers soon, then SAND will set up to re-test or possibly take out its 200-day moving average at $10.91 a share and then its 50-day moving average at $11.13 a share. Any high-volume move above those levels will then put $12 to $12.50 into range for shares of SAND. Traders can look to buy SAND off any weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support at $9.40 a share. One could also buy SAND off strength once it takes out $10.22 a share with volume and then simply use the same stop at $9.40 a share. I would add to either position once SAND clears its 50-day and 200-day moving averages with strong upside volume. To see more breakout candidates, check out the Breakout Stocks of the Week portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.