Breakouts for Jan 18th: The first pick, BRNC, featured as a Subscriber play for January 3rd and later featured in a positive spin, Marketwatch.com article on January 5th. The stock broke from a 3-month consolidation on a slight bump in volume. Technicals are improving with a return above the bullish zero line in the MACD trigger line, and a cross of the 20-day MA in on-balance-volume; slow stochastics still has some room to move to overbought levels. A move to $27 would register as a double top breakout on the point-n-figure chart with no price target (as of yet). I have estimated a price target from a projected base forward. The second pick, CHAR, first featured as a Subscriber play for December 28th when it broke a symmetrical triangle to the upside. A push to $6.00 will trigger a double top breakout on the point-n-figure chart and send it on its way to its point-n-figure target of $10.25; I have opted for a measured move forward which gives a slightly higher price target and overides the original Subscriber price target. Technicals favor the bulls with new near term highs in on-balance-volume and a 'buy' trigger in the MACD. Tuesday's breakout came in the absence of company specific news (other than the gain in oil prices!). The third pick, ENG, has been a strong performer in recent weeks since its November 14th Subscriber feature. The stock sports the strongest technical picture of the three picks; pending breakouts in the MACD and on-balance-volume, with overbought slow stochastics, shows firm bullish momentum. Cramer made some positive comments on the company in an article for the TheStreet.com on December 22nd. The stock has enjoyed an extended run from lows of $1.16 in 2004 and with a January 4th double top breakout on the point-n-figure target and an ambitious target of $24.50, it could go far. My target is taken from a projected base target.

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For those who prefer to set their own price targets the table opposite represents the frequency for a given % return (taken from maximum highs) assuming a fill at at the stated "Buy" price on the open (i.e. the prior days close). The return per trade from 5% risk is typical of what my subscribers can expect from their picks. The return per trade from 10% risk is what one can expect from my free stock picks. Returns will be higher on fills below my "Buy" price

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96% of featured stocks turn a profit greather than or equal to breakeven, assuming a fill at the prior day's close. 91% of featured stocks return a profit of 1% or more assuming a fill at the prior's day close; 78% of picks return a profit of 2% or more. 92% of featured plays are completed within a 6-month time frame. Stocks which are still in play beyond 6-months are usually experiencing strong rallies. Returns will be higher on fills below my "Buy" price

Buy	Stop	Target	Support	Resistance	Risk:Reward	IBD
$11.94	$10.72	$19.22	$11.94	none	6.0	A-

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"IBD" refers to Investors Business Daily

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