MADISON, Wis. ( Stockpickr) -- Trading stocks that trigger major breakouts can lead to massive profits. Once a stock trends to a new high, or takes out a prior overhead resistance point, then it's free to find new buyers and momentum players that can ultimately push the stock significantly higher.One example of a successful breakout trade I flagged recently was global thermal processing systems provider Amtech Systems ( ASYS), which I featured in April 26's " 5 Stocks Poised for Big Breakouts" at around $3.80 a share. ASYS had just started to trend back above its 50-day and 200-day moving averages with above-average volume, which was quickly pushing shares within range of triggering a major breakout trade above some near-term overhead resistance levels at $3.93 to $4.08 a share. >>5 Stocks Under $10 Set to Soar Guess what happened? Shares of ASYS didn't wait long to trigger that breakout after the stock flirted with those overhead resistance levels for most of May. Then on May 20 this stock exploded higher and hit $4.50 a share with heavy upside volume. Shares of ASYS continued to uptrend and hit a new 52-week high on Thursday of $6.85 a share. That represents a gain of close to 80% in just a few months for anyone who bought the breakout for ASYS. Breakout candidates are something that I tweet about on a daily basis. I frequently tweet out high-probability setups, breakout plays and stocks that are acting technically bullish. These are the stocks that often go on to make monster moves to the upside. What's great about breakout trading is that you focus on trend, price and volume. You don't have to concern yourself with anything else. The charts do all the talking. >>5 Big Trades After the Fed Meeting Trading breakouts is not a new game on Wall Street. This strategy has been mastered by legendary traders such as William O'Neal, Stan Weinstein and Nicolas Darvas. These pros know that once a stock starts to break out and hold above past resistance levels, then it can easily trend significantly higher. With that in mind, here's a look at five stocks that are setting up to break out and trade higher from current levels. >>5 Stocks the Pros Love This Summer
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