My final idea today for a near-term breakout trade is Yingli Green Energy ( YGE), which is mainly engaged in the design, development, marketing, manufacturing and installation and sale of photovoltaic products in the People's Republic of China and overseas markets. This stock has been ripping to the upside during the last six months, with shares up 36%. If you look at the chart for Yingli Green Energy, you'll notice that this stock has been uptrending strong for the last month, with shares pushing higher from its low of $1.62 to its recent high of $2.45 a share. During that uptrend, shares of YGE have been mostly making higher lows and higher highs, which is bullish technical price action. Shares of YGE are now starting to flirt with taking out its 50-day moving average at $2.33 a share and the upside volume has been tracking in very strong over the last few trading session. This action is quickly pushing shares of YGE within range of triggering a near-term breakout trade. Traders should now look for long-biased trades in YGE if it manages to break out above some near-tem overhead resistance levels at $2.45 to $2.57 a share and then once it clears more resistance at $2.65 a share with high volume. Look for a sustained move or close above those levels with volume that registers near or above its three-month average action of 2.34 million shares. If that breakout triggers soon, then YGE will set up to re-test or possibly take out its next major overhead resistance levels at $3.20 to $3.63 a share. Traders can look to buy YGE off any weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support levels at $2.14 to $2 a share. One could also buy YGE off strength once it clears those breakout levels with volume and then simply use a stop just below its 50-day moving average at $2.33 a share or below its 200-day moving average at $2.14 a share. To see more breakout candidates, check out the Breakout Stocks of the Week portfolio on Stockpickr. -- Written by Roberto Pedone in Madison, Wis.