One stock that's within range of triggering a near-term breakout trade is Tesla Motors ( TSLA), which designs, develops, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components. This stock has been on fire so far in 2013, with shares up 180%. If you take a look at the chart for Tesla Motors, you'll notice that this stock recently pulled back off its all-time high of $97.12 a share to its recent low at just under $85 a share. That pullback came on much lighter volume than the upside volume we saw as shares of TSLA soared post-earnings from just under $65 to that $97.12 high. Shares of TSLA are now breaking out above some near-term overhead resistance at $95 a share and it's quickly moving within range of taking out its all-time high at $97.12 a share. >>3 Big Stocks on Traders' Radars Traders should now look for long-biased trades in TSLA if it manages to break out above some near-term overhead resistance levels at $96 to $97.12 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 5.71 million shares. If that breakout triggers soon, then TSLA will set up to enter new all-time high territory, which is bullish technical price action. Some possible upside targets off that breakout are $110 to $120 a share. Traders can look to buy TSLA off any weakness to anticipate that breakout and simply use a stop that sits right below today's low of $92 a share. One could also buy TSLA off strength once it takes out those breakout levels with volume and then simply use a stop that sits right below $95 a share or a comfortable percentage point from your buy entry. This current short interest as a percentage of the float for TSLA is extremely high at 37.3%. The bears do not want to see this stock make a new all-time high, since it will just add to any losses they already have. Look for a fast move and short-squeeze to develop if TSLA prints a new all-time high soon.