Another name that's quickly moving within range of triggering a major breakout trade is Harvest Natural Resources ( HNR), an energy company engaged in the acquisition, exploration, development, production and disposition of oil and natural gas properties. This stock has been hit hard by the sellers so far in 2013, with shares off by 65%. >>4 Hot Stocks to Trade (or Not) If you look at the chart for Harvest Natural Resources, you'll notice that this stock has been trending sideways inside of a consolidation pattern for the last two months and change, with shares moving between $2.45 on the downside and $3.96 on the upside. Shares of HNR are now starting to move within range of triggering a major breakout trade above the upper-end of its sideways chart pattern. Market players should now look for long-biased trades in HNR if it manages to break out above some near-term overhead resistance levels at $3.13 a share to its 50-day moving average at $3.37 a share and then once it takes out more resistance levels at $3.63 to $3.96 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 o 654,771 shares. If that breakout hits soon, then HNR will set up to re-fill some of its previous gap down zone from March that started near $5.50 a share. Traders can look to buy HNR off any weakness to anticipate that breakout and simply use a stop that sits right below some near-term support levels at $2.90 to $2.88 a share, or even near $2.45 a share if you want to give it more room. One can also buy HNR off strength once it clears those first tier breakout levels with volume and then simply use a stop right below $2.90 to $2.88 a share. I would add to either position once HNR takes out $3.63 to $3.96 a share with strong upside volume. This stock is a favorite target of the short-sellers, since the current short interest as a percentage of the float for HNR is very high at 14.1%. If that breakout triggers soon, then we could easily see a large short-squeeze develop for shares of HNR, so make sure to have this name on your breakout trading radar.