Breakouts for Nov 17th: Two gold mining stocks and new opinions on a current breakout play for review. The first pick, AEM, is an August breakout play, current holders should note the new raised stop and target price. The stock was up as the mining sector benefited from inflation fears. From a technical standpoint we have yet to see a breakout in the point-n-figure chart ($15.50 will do the trick), but all three technical indicators are once again in the green. Pullbacks into the low $14s are buying opportunities. The second pick, TRDO, has been a stellar performer. The stock is a current Gold Member feature from September 27th, but previously featured as a Breakout play for July 8th, and June 7th. The recent sequence of dojis allows for new tighter stops as the stock approaches key resistance at $24. Breakouts in the MACD trigger line and on-balance-volume still favor the bulls, as does the October 28th ascending triple top breakout (although the price target of $23.50 has almost been met). Earnings had been released at the start of November. The third pick, MGN, is the second of the two mining stocks. This stock has featured as a Gold Member pick for for August 4th 2004, and again for October 5th of this year. The company had filed its 10-Q on Monday. The point-n-figure chart is currently bearish, but maintains a (bullish) price target of $14.75; a move to $8.50 will be enough for a double top breakout. All three technical indicators are in the ascendancy. Wednesday's closing price provides for a good opportunity to get in before the real action begins on a break of $7.86.

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