Breakouts for Mar 11th: A poor selection of breakout candidates reflecting the lack of leadership in the market, cream of the crop were; The first pick, ADRX, ended Thursday above two key areas, [1] the 200-day MA, and [2] $23.28 resistance. The generic drug company reported a 33% jump in Q4 profit on a day when fellow generic drug producer HITK reported a 58% increase in EPS for Q3. Supporting the move in price were new highs in on-balance-volume. The MACD trigger line is back above the bullish zero line and slow stochastics are overbought. The stock is still riding a double top breakout on the point-n-figure chart from Dec 7th with a preliminary price target of $38.50. I have set the price target based on a projected move from the last reaction low of $14.75. The second pick, HIBB, closed at new highs as the retailer reported a 26% gain in Q4 profits. The projected target of $52.50 is part of a double top breakout from the point-n-figure chart. But I have based the current price target from a projected move off the lows of the 'V' bottom (see weekly chart). However, the picture is not all rosy. A bearish divergence in the MACD trigger line and slow stochastics suggests we are in the last phase of the rally. The "V" base recovery on the weekly chart following an extended rally is typical of blowout moves at the end of a run. Watch for small steps up, but big steps down. The third pick, RAD, is a base breakout play. The stock ended the day over dual resistance of $3.90 and $4.00, and over the 200-day moving average. The Fool.com ran an article on the company on Tuesday which may have contributed to some of the upward momentum. The break of resistance is supported by new near term highs in the MACD trigger line and on-balance-volume. The point-n-figure chart is congesting into a tight range - the next move will be significant. The price target is based on the next point of resistance on the weekly chart.

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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 %
Aug 12th	.	.	Long	11	.	.	Sep 7th	.	.	Long	45	.	.
Sep 24th	Long	35	Long	18	.	.	Sep 29th	Long	39	.	.	.	.
Sep 30th	Long	26	Long	12	.	.	Oct 12th	.	.	.	.	Long	17
Oct 13th	Long	32	.	.	.	.	Oct 14th	.	.	.	.	Long	35
Oct 15th	.	.	Long	34	.	.	Oct 18th	.	.	Long	36	.	.
Oct 21st	.	.	.	.	Long	20	Oct 26th	Long	33	.	.	.	.
Oct 27th	.	.	Long	6	.	.	Oct 29th	Long	94	.	.	.	.
Nov 1st	.	.	Long	78	.	.	Nov 3rd	Long	18	.	.	.	.
Nov 4th	Long	65	.	.	.	.	Nov 5th	Long	40	.	.	Long	37
Nov 9th	Long	29	Long	29	.	.	Nov 10th	.	.	Long	48	Long	38
Nov 15th	Long	19	.	.	.	.	Nov 18th	.	.	Long	21	.	.
Nov 23rd	Long	18	.	.	.	.	Dec 1st	.	.	Long	35	.	.
Dec 3rd	.	.	.	.	Long	24	Dec 6th	.	.	.	.	Long	40
Dec 7th	.	.	.	.	Long	8	Dec 8th	.	.	.	.	Long	16
Dec 10th	.	.	.	.	Long	14	Dec 13th	Long	28	Long	22	.	.
Dec 14th	.	.	Long	19	.	.	Dec 15th	.	.	Long	19	.	.
Dec 16th	.	.	.	.	Long	24	Dec 17th	.	.	Long	24	.	.
Dec 20th	Long	54	.	.	.	.	Dec 21st	.	.	Long	9	.	.
Jan 7th	.	.	Long	10	.	.	Jan 11th	Long	31	Long	38	.	.
Jan 12th	.	.	.	.	Long	28	Jan 13th	Long	16	.	.	Swing	21
Jan 20th	.	.	Swing	33	.	.	Jan 21st	.	.	Long	32	.	.
Jan 24th	Long	34	.	.	.	.	Jan 25th	.	.	.	.	Long	16
Jan 27th	.	.	Long	65	.	.	Jan 31st	.	.	Long	3	Long	22
Feb 3rd	Long	28	.	.	Short	5	Feb 4th	Long	33	.	.	Short	24
Feb 8th	.	.	Short	9	.	.	Feb 9th	.	.	.	.	Long	8
Feb 10th	.	.	Short	12	.	.	Feb 11th	.	.	.	.	Short	7
Feb 15th	Long	14	.	.	Long	184	Feb 17th	.	.	Long	9	Short	4
Feb 22nd	Long	9	Long	7	Short	13	Feb 23rd	Swing	20	.	.	Long	9
Feb 24th	Long	4	.	.	Long	9	Feb 25th	.	.	.	.	Long	4
Feb 28th	.	.	Long	11	Long	7	Mar 1st	.	.	.	.	Long	9
Mar 2nd	Long	4	Long	2	.	.	Mar 3rd	.	.	.	.	Long	10
Mar 4th	Long	14	.	.	Long	15	Mar 8th	.	.	.	.	Long	13
Mar 9th	.	.	Long	6	.	.	Mar 10th	Short	10	Short	5	Short	2
Mar 11th	Short	9	Short	5	.	.	Mar 14th	Short	2	.	.	Short	3
Mar 15th	Long	3	.	.	.	.	Mar 16th	Short	6	Short	2	.	.
Mar 17th	Short	3	Short	4	Long	3	Mar 21st	Long	7	Long	13	.	.
Mar 22nd	.	.	.	.	Long	5	Mar 23rd	Long	7	Long	17	Long	0
Mar 24th	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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