Breakouts for Mar 1st: My breakout scan drew a blank of decent stocks - plenty of candidates, but nothing which really stood out. Instead I have two stocks which were prior breakouts and are again breaking consolidation patterns. The first pick, IVN, was previoulsy traded as HUGO back in November. The stock broke $7.70 resistance on higher volume in the absence of stock related news. Current longs should note the raised stop and target price. The MACD trigger completed a consolidation and is again above the bullish zero line. On-balance-volume remained flat through its three month conslidation, a bullish indicator (= little selling interest). Slow stochastics are just shy of overbought levels, implying strong bullish momentum. The point-n-figure chart suggests a price target of $16.25, but I am using a base projected target of $11.69 first. The second pick, UPCS, edged over resistance on modest volume. The stock first featured here in October of last year. Current longs should note the raised stop price - the existing price target is kept for now. The company had reported a narrower Q4 loss in early February, which the market considered was good enough to trigger the current upward move. Technicals are well positioned, with breakouts in on-balance-volume and MACD trigger line resistance. The point-n-figure chart continues a bullish triangle breakout from Oct 13th with an upside target of $12.88. There is no third pick, xxx,

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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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