DELAFIELD, 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.>>5 Stocks Under $10 Set to Soar One example of a successful breakout trade I flagged recently was solar power player SolarCity ( SCTY), which I featured in June 28's " 5 Stocks Ready to Break Out" at around $36.80 a share. I mentioned in that piece that SCTY had recently started to trend higher right off its 50-day moving average and was quickly starting to move with range of triggering a breakout trade above the upper end of its sideways trading chart pattern. That breakout was set to hit if SCTY managed to take out some near-term overhead resistance levels at $38.88 to $39.07 a share and then once it cleared more resistance levels at $39.59 to $40 a share. Guess what happened? Shares of SCTY flirted with that breakout the following day after the stock tagged an intraday high of $41.20 a share. Then shares of SCTY pulled back the next two trading sessions with the stock hitting a low of $37.30 a share. That pullback was the last time this stock looked back since SCTY hit its recent high of $44.98 a share. That represents a gain of just over 20% for SCTY in just two weeks for anyone who bought the stock in anticipation of the breakout. Shares of SCTY still have more upside potential if this stock can manage to break out again above some near-term overhead resistance levels at $43.02 to $44.98 a share with high volume. >>5 Must-See Charts to Buy in July 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. 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 above past resistance levels, and hold above those breakout prices, then it can easily trend significantly higher. >>5 Dividend Stocks That Want to Pay You More With that in mind, here's a look at five stocks that are setting up to break out and trade higher from current levels.