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Breakouts for November 16th: The first pick, CG, featured as a Breakout for July 7th. The stock spent the best part of August through November shaping a cup with small 1-week handle (which could morph into something bigger should it fail - if this was to happen I would look for support at $58). TheStreet.com published a piece in favor of the tobacco sector which may help explain recent gains. The push above $60.85 resistance was supported by a breakout in on-balance-volume. November has also seen a sharp upswing in bullish trend strength (+DI and ADX > 20 and climbing). November 8th triggered an ascending triple top breakout on the point-n-figure chart - unfortunately the chart price target of $43.50 has long since passed. The second pick, HA, has enjoyed a series of accumulation days marked by frequent buying spikes, accounting for its two earlier features in August and October of this year. Wednesday saw a decisive break of recent reaction highs; raising both stop and target prices on the potential for further consolidation in the airline sector. Technicals are all on the rise; new reaction highs in bullish trend strength (+DI) and intermediate term slow stochastics [39,1] are tempered somewhat by a lack of such highs in the MACD trigger line and on-balance-volume. A move to $5 would be enough for a spread triple top breakout which should negate the current bearish price target. The third pick, PSMT, last featured on September 22nd. For the past 5-weeks the stock has traded in a tight range between $16.35 and $17.50. The stock closed Wednesday just shy of a resistance breakout, but should it come and push to $18 it would trigger a double top breakout on the point-n-figure chart which holds to an upside target of $32. The company released its 10-Q and fiscal year results on November 13th, so there should be no big price shocks based on earnings. Although the MACD trigger line is in a downtrend, on-balance-volume shows strong accumulation dating back to late July. I have maintained the original price target but raised the stop price.

Buy Stop Target Support Resistance Risk:Reward IBD
$62.22

$59.89

$69.11 $60.85 none 3.0 B+

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Buy Stop Target Support Resistance Risk:Reward IBD
$4.85 $4.57 $5.79 $4.60 $6.00 3.4 C

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Buy Stop Target Support Resistance Risk:Reward IBD
$17.40 $16.67 $22.11 $16.35 $17.50 6.5 B+

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"IBD" refers to Investors Business Daily

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Prior breakout candidates: Breakout home, 1Nov05, 2Nov05, 3Nov05, 7Nov05, 8Nov05, 9Nov05, 11Nov05, 14Nov05, 15Nov05, 16Nov05, 17Nov05, 18Nov05, 21Nov05, 22Nov05, 23Nov05, 25Nov05, 28Nov05, 29Nov05, 30Nov05, 2Dec05, 5Dec05, 6Dec05, 7Dec05, 8Dec05, 9Dec05, 12Dec05, 13Dec05, 14Dec05, 15Dec05, 16Dec05, 19Dec05, 20Dec05, 21Dec05, 22Dec05, 23Dec05, 28Dec05, 29Dec05, 30Dec05, 3Jan06, 4Jan06, 5Jan06, 6Jan06, 12Jan06, 13Jan06, 17Jan06, 18Jan06, 19Jan06, 20Jan06, 23Jan06, 24Jan06, 25Jan06, 26Jan06, 30Jan06, 31Jan06, 1Feb06, 2Feb06, 3Feb06, 6Feb06, 7Feb06, 8Feb06, 9Feb06, 10Feb06, 13Feb06, 14Feb06, 15Feb06, 16Feb06, 17Feb06, 22Feb06, 23Feb06, 24Feb06, 27Feb06, 28Feb06, 1Mar06, 2Mar06, 3Mar06, 6Mar06, 7Mar06, 8Mar06, 9Mar06, 10Mar06, 14Mar06, 15Mar06, 16Mar06, 17Mar06, 20Mar06, 22Mar06, 23Mar06, 27Mar06, 29Mar06, 30Mar06, 31Mar06, 3Apr06, 4Apr06, 5Apr06, 6Apr06, 7Apr06, 10Apr06, 11Apr06, 12Apr06, 13Apr06, 17Apr06, 18Apr06, 19Apr06, 20Apr06, 21Apr06, 24Apr06, 25Apr06, 26Apr06, 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,

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 Nov 12th 2006
Rank
Stock
Feature
Loss
Date
1
Breakout
35
2
Breakout
32
3
Breakout
32
4
Breakout
32
5
Breakout
30
6
Breakout
27
7
Breakout
27
8
Breakout
27
9
Breakout
26
10
Breakout
26
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