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Breakouts for Dec 22nd: The first pick, FRE, will be influenced by company resignations announced after hours. Watch the market open for leads on this stock. Two heavy volume accumulation days have pushed this to new territory on excellent technical strength. The point-n-figure price target is $85.00 which in the absence of overhead resistance is a reasonable target to aim for. The second pick, SIM, first featured on Nov 29th. The current breakout, on heavy volume, came in the absence of stock related news. I have raised the stop and target price, although the point-n-figure price projection was $7.75. Excellent technical strength led by the MACD trigger line. I would use GTC buy orders down to $3.11, and in the current market environment, use a tighter stop just below $3.07 (for my analysis I am using $2.69 as the stop price). The third pick, POSO, is a speculative penny play. The company had released its quarterly earnings report on Dec 15th. A brief read of the report turned up this statement "As long as certain registration statements that have been filed with the SEC remain effective, the selling stockholders under those registration statements may sell approximately 19.9 million shares, or approximately 46% of the shares of common stock outstanding (assuming the issuance of all shares covered by those registration statements). These shares were privately issued and many shares are otherwise subject to restrictions on resale under securities laws. Any such sales, or even the market perception that such sales could be made, may depress the price of the common stock." - how much (if any??) was responsible for today's volume given the huge surge over average daily trading volume? Market manipulation??? Today's large move is likely to retrace, but technicals do mark strength with rising slow stochastics short of overbought territory - implying further short term upside and a strong MACD trigger line. One to watch more than buy, I had listed this here as a test case due to a lack of suitable candidates.

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