One under-$10 name that's trending within range of triggering a near-term breakout trade is RTI Biologics ( RTIX), which is engaged in the use of natural tissues and innovative technologies to produce orthopedic and other surgical implants that repair and promote the natural healing of human bone and other human tissues and improve surgical outcomes. This stock is off to a flat start in 2013, with shares up just 0.7%. If you take a look at the chart for RTI Biologics, you'll notice that this stock has been uptrending strong for the last month, with shares moving higher from its low of $3.60 to its recent high of $4.42 a share. During that uptrend, shares of RTIX have been mostly making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of RTIX within range of triggering a near-term breakout trade. >>8 Stocks Under $10 Trending Sharply Higher Traders should now look for long-biased trades in RTIX if it manages to break out above some near-term overhead resistance levels at $4.40 to $4.42 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 274,877 shares. If that breakout triggers soon, then RTIX will set up to re-test or possibly take out its next major overhead resistance levels at $4.80 to its 52-week high at $5.11 a share. Any high-volume move above $5.11 will then give RTIX a chance to run north of $6 a share. Traders can look to buy RTIX off weakness to anticipate that breakout and simply use a stop that sits right below its 200-day at $4.06 a share or below its 50-day at $3.91 a share. One can also buy RTIX off strength once it clears those breakout levels with volume and then simply use a stop that sits right below its 200-day at $4.06 a share.