Fast Money Traders Share Their Breakout Stocks

CNBC Fast Money's Tim Seymour said on the show that iShares MSCI Emerging Markets Index ETF EEM is trading at its major resistance and if China continues to grow there should be a significant rally in this name. EEM jumped 0.47 percent Tuesday and closed at $45.15.

Dan Nathan thinks that Nike NKE could jump above its 52-week high and the Q1 earnings in the late September could be a catalyst for the move higher. He is using a call spread to place a bullish bet, owning the October expiration calls and shorting shorter dated calls. Nike fell 0.05 percent and closed at $78.51.

Brian Kelly believes that Market Vectors Gold Miners ETF GDX, which lost 1.15 percent, is going higher. He explained that inflation could increase and that would be positive for gold.

Guy Adami is a buyer of EXACT Sciences EXAS. The company has developed a non-invasive colorectal cancer screening test. Adami thinks that EXACT Sciences could spike to $25; it is currently trading at $18.34.