Traders can look to buy MKTG off any weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support levels at $13.31 to $13.24 a share, or right below more support at its 50-day of $12.47 a share. One can also buy MKTG off strength once it takes out those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point. Keep in mind that MKTG is set to report earnings on Monday, August 5, 2013 after the market close. I would look to play that breakout ahead of the quarter for a run to $17 to $18, and then after the quarter for a run north of $20 if the stock reacts positively the numbers. Lone Pine Resources My final breakout trading candidate is Lone Pine Resources (LPR) ( LPR), which is an oil and gas exploration, development, and production company. This stock has been destroyed by the bears so far in 2013, with shares down sharply by 60%. If you look at the chart for Lone Pine Resources, you'll notice that this stock has recently come out of a big downtrend, which took shares from $1.34 to its recent low of 26 cents per share. After hitting that low at 26 cents, this stock has reversed its downtrend and started to uptrend, with LPR moving higher to its recent high of 59 cents per share. During that reversal, shares of LPR have been seeing strong upside volume flows, which is bullish. That move is quickly pushing shares of LPR within range of triggering a major breakout trade. Traders should now look for long-biased trades in LPR if it manages to break out above some near-term overhead resistance levels at its 50-day moving average of 54 cents per share and then once it takes out more key resistance levels at 57 cents to 59 cents per 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 854,221 shares. If that breakout triggers soon, then LPR will set up to re-test or possibly take out its next major overhead resistance levels at 70 cents to 90 cents per share. This stock could even tag its 200-day at $1.02 or more resistance at $1.05 to $1.10 a share.