Breakouts for Jan 24th: The first pick, HBX, had released in early January a PR release outlining favorable results from a nausea drug trial, but since then the PR machine has been quiet. This calm has not prevented a break of price resistance on higher volume as part of a trend-line ride of the 50-day MA, not to mention the $0.15 needed to trigger a double top breakout on the point-n-figure chart with a price target of $11.50. The weekly chart shows a price aggregation around former 2004 support (now resistance) of the $6-8 range (the wide support price range is an artifact of the low liquidity), a solid move above this zone would leave little in the way of resistance to challenge 2004 highs. The second pick, MMUS, surged after its earnings release in October. The stock was able to maintain these gains as it shaped a new base, surviving the worst of the January sell off. Recent buying volume has triggered a breakout which was helped in part by the announcement of a new partnership deal. With no overhead resistance, and a prior history of rapid gains, it might not take much for this to rise to its projected target of c$19.30 (I have set my price target a buck below to ensure a sale). New near term highs in the technicals add credence to Monday's move. The point-n-figure double top breakout helps, along with the projected target of $19 - further confirmation of my own projection. The third pick, is no candidate.

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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
$-	$-	$-	$-	$-	-	-

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"IBD" refers to Investors Business Daily

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