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Breakouts for Feb 9th: The first pick, DJO, first featured as a breakout on Jan 11th, but managed a second breakout today on a strong earnings report. Note the raised stop price although I have kept the original price target. In the space of a month the stocks Investor Business Daily ranking has gone from a 'C+' to an 'A-', this is a stock heading in the right direction. On-balance-volume breached resistance as slow stochastics remained overbought - implying strong upward momentum. The MACD trigger line remains in a sideways trend, although it is well above the bullish zero-line. Point-n-figure charts show a triple top breakout with a revised upside target of $45.50. The second pick, VOCL, is a combination breakout and 200-day moving average play. There are two ways to play the stock, [1] to use GTC buy orders to near term support (c$1.57) and/or the 200-day moving average at $1.61 (not shown - but click chart to see this average), or [2] buy a solid break of $1.75 resistance. Earnings are set to be released on Feb 10th. The point-n-figure chart shows a descending triple bottom breakdown with a price target of $0.50. This will be negated by a move to $3.00 which will switch the play to a double top breakout with resistance at $4.25. Supporting long positions are breakouts in on-balance-volume and slow stochastic resistance, including a pending breakout in the MACD trigger line. The third pick, PNX, released positive Q4 results which brought a heavy volume breakaway gap. The stock has a bullish point-n-figure chart as marked by the break of the red trendline resistance (and the continuation of the blue support line, currently at $9.00). A move to $15.00 sets up a double top breakout with resistance at $20.00. Today's price action generated a 'buy' signal with a bullish crossover in the MACD trigger line and a crossover of the 20-day on-balance-volume moving average. Slow stochastics are overbought, implying strong bullish momentum. The key negative is the poor Investor Business Daily ranking.

Buy Stop Target Support Resistance Risk:Reward IBD
$24.97

$23.29

$29.14 $25.00 none 2.5 A-

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Buy Stop Target Support Resistance Risk:Reward IBD
$1.74 $1.49 $2.49 $1.57 $2.50 3.0 E

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Buy Stop Target Support Resistance Risk:Reward IBD
$13.49 $12.69 $19.40 $13.17 $14.50 7.4 D

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Date
Stock 1

Max gain %

Stock 2
Max gain %
Stock 3
Max gain %
Date
Stock 1
Max gain %
Stock 2
Max gain %
Stock 3
Max gain %
.
.
Long
11
.
.
.
.
Long
45
.
.
Long
35
Long
18
.
.
Long
39
.
.
.
.
Long
26
Long
12
.
.
.
.
.
.
Long
17
Long
32
.
.
.
.
.
.
.
.
Long
35
.
.
Long
34
.
.
.
.
Long
36
.
.
.
.
.
.
Long
20
Long
33
.
.
.
.
Oct 27th
.
.
Long
6
.
.
Long
94
.
.
.
.
.
.
Long
78
.
.
Long
18
.
.
.
.
Long
65
.
.
.
.
Nov 5th
Long
40
.
.
Long
37
Long
29
Long
29
.
.
.
.
Long
48
Long
38
Long
19
.
.
.
.
.
.
Long
21
.
.
Long
18
.
.
.
.
.
.
Long
35
.
.
.
.
.
.
Long
24
.
.
.
.
Long
40
Dec 7th
.
.
.
.
Long
8
.
.
.
.
Long
16
.
.
.
.
Long
14
Long
28
Long
22
.
.
.
.
Long
19
.
.
.
.
Long
19
.
.
.
.
.
.
Long
24
.
.
Long
24
.
.
Long
54
.
.
.
.
.
.
Long
9
.
.
.
.
Long
10
.
.
Long
31
Long
38
.
.
.
.
.
.
Long
28
Long
16
.
.
Swing
21
.
.
Swing
33
.
.
.
.
Long
32
.
.
Long
34
.
.
.
.
.
.
.
.
Long
16
.
.
Long
65
.
.
.
.
Long
3
Long
22
Long
28
.
.
Short
5
Long
33
.
.
Short
24
.
.
Short
9
.
.
.
.
.
.
Long
8
.
.
Short
12
.
.
.
.
.
.
Short
7
Long
14
.
.
Long
184
.
.
Long
9
Short
4
Long
9
Long
7
Short
13
Swing
20
.
.
Long
9
Long
4
.
.
Long
9
.
.
.
.
Long
4
.
.
Long
11
Long
7
.
.
.
.
Long
9
Long
4
Long
2
.
.
.
.
.
.
Long
10
Long
14
.
.
Long
15
.
.
.
.
Long
13
.
.
Long
6
.
.
Short
10
Short
5
Short
2
Short
9
Short
5
.
.
Short
2
.
.
Short
3
Long
3
.
.
.
.
Short
6
Short
2
.
.
Short
3
Short
4
Long
3
Long
7
Long
13
.
.
.
.
.
.
Long
5
Long
7
Long
17
Long
0
Short
1
Long
1
Long
0
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
TYPICAL RISK 6% AVG MAX GAIN OF WINNERS 74% AVG MAX GAIN OF LOSERS 7%
TYPICAL RISK 11% AVG MAX GAIN OF WINNERS 65% AVG MAX GAIN OF LOSERS 8%

"IBD" refers to Investors Business Daily

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Fallond Trade history

Prior breakout candidates: Breakout home, 1May06, 2May06, 3May06, 4May06, 5May06, 8May06, 9May06, 10May06, 11May06, 15May06, 16May06, 17May06, 19May06, 22May06, 23May06, 24May06, 25May06, 26May06, 30May06, 1Jun06, 2Jun06, 5Jun06, 6Jun06, 8Jun06, 12Jun06, 15Jun06, 16Jun06, 19Jun06, 26Jun06, 27Jun06, 28Jun06, 30Jun06, 3July06, 6July06, 7July06, 11July06, 12July06, 13July06, 14July06, 17July06, 18July06, 19July06, 20July06, 21July06, 24July06, 25July06, 26July06, 27July06, 28July06, 31July06, 1Aug06, 2Aug06, 3Aug06, 4Aug06, 8Aug06, 9Aug06, 10Aug06, 14Aug06, 15Aug06, 16Aug06, 25Aug06, 28Aug06, 29Aug06, 30Aug06, 31Aug06, 1Sep06, 5Sep06, 6Sep06, 8Sep06, 11Sep06, 12Sep06, 14Sep06, 15Sep06, 18Sep06, 19Sep06, 20Sep06, 22Sep06, 25Sep06, 26Sep06, 27Sep06, 28Sep06, 29Sep06, 2Oct06, 3Oct06, 4Oct06, 6Oct06, 9Oct06, 10Oct06, 11Oct06, 13Oct06, 16Oct06, 17Oct06, 18Oct06, 19Oct06, 20Oct06, 23Oct06, 24Oct06, 25Oct06, 27Oct06, 30Oct06, 31Oct06, 8Nov06, 9Nov06, 10Nov06, 13Nov06, 14Nov06, 15Nov06, 16Nov06, 17Nov06, 20Nov06, 21Nov06, 22Nov06, 29Nov06, 4Dec06, 5Dec06, 6Dec06, 7Dec06, 12Dec06, 13Dec06, 15Dec06, 18Dec06, 21Dec06, 28Dec06, 4Jan07, 9Jan07, 11Jan07, 12Jan07, 16Jan07, 17Jan07, 18Jan07, 22Jan07, 24Jan07, 29Jan07, 31Jan07, 1Feb07, 2Feb07, 5Feb07, 8Feb07, 14Feb07, 15Feb07, 20Feb07, 26Feb07, 8Mar07, 12Mar07, 13Mar07, 14Mar07, 16Mar07, 21Mar07, 22Mar07, 29Mar07, 2Apr07, 3Apr07,

Biggest gainers
As of Nov 12th 2006
Rank
Stock
Feature
Gain
Date
1
Breakout
186
2
Breakout
165
3
Breakout
131
4
Breakout
105
5
Breakout
93
6
Breakout
77
7
Breakout
77
8
Breakout
74
9
Breakout
74
10
Breakout
73

Biggest losers

As of Jan 10th 2007
Rank
Stock
Feature
Loss
Date
1
Breakout
35
2
Breakout
35
3
Breakout
32
4
Breakout
32
5
Breakout
32
6
Breakout
30
7
Breakout
27
8
Breakout
27
9
Breakout
27
10
Breakout
26
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