Breakouts for Sep 20h: The first pick, BJS, featured as a Breakout play for July 6th and for Gold Member subscribers on February 17th. The stock finally negated the bearish black candlestick with a solid, heavy volume move above $33.42 resistance (which is now new support) following concerns of the new Hurricane risk in the gulf. On-balance-volume is at new highs as slow stochastics are once again overbought. The MACD trigger line had triggered an earlier "buy" but has yet to develop a bearish divergence - so this could go on a major run. A double top breakout from July 12th remains in play on the point-n-figure chart with a price target of $38.00. I am looking for a test of $50 psychological resistance. The strong Investors Business Daily rank doesn't do this stock any harm either. The second pick, PQUE, closed at new 5-year highs on the point-n-figure chart as part of the August 10th double top breakout. The latter chart shows a price target of $15.25. Again, this is another energy hurricane play. The stock had earlier featured as a breakout for August 9th. Assuming a break of $10 resistance I am looking for a move to $15 whole number resistance. Technicals continue to rise but remain below near term highs. One to watch. The third pick is, RIMG, is unusual as a non-energy play (CD-R/DVD-R producer) with little in the way of news to generate buying interest. The stock had last featured as a breakout for July 22nd following its strong earnings. Monday's gains pushed it over resistance from July, providing a better low capital risk entry than before. Watch for a move to $27.00 which will trigger a double top breakout on the point-n-figure chart. The current price target sits at $41.50 from which I have taken my price target.

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"IBD" refers to Investors Business Daily

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