Breakouts for Sep 28th: The first pick, IRN, is a current Gold Member pick for August 24th. The stock made a low key break of $6.38 resistance in the absence of stock related news. Technicals remain firm, although the MACD remains in consolidation and hasn't yet triggered a "buy" signal. The point-n-figure chart shows a double top breakout from August 23rd with a price target of $9.75. I have kept the Gold Member price target. The second pick, DESC, last featured as a Breakout play for July 26th, and featured on Cramer's 'Mad Money' on September 13th (rated as 'bullish'). Other than the Cramer feature there has been little in the way of PR from the company. Decent volume accompanied the days move but GTC buy orders down to $7.71 may yet be good enough for fills. The current run from $1.50 lows late last year may be running out of steam but this is not reason enough to fight the trend. Technically, there is little against it. Keep a watchful eye on a potential bearish divergence in the MACD trigger line, but there is no evidence of such yet. The third pick is, PBY, was an interesting base breakout play as the stock closed with the last of a bullish 'three white soldier' combination of candlesticks completing a break of $13.75 resistance. The traditional long trade is to buy a retracement to the open of the second candlestick and run a stop on the lows of the first. One could mix-and-match by buying today's close on tomorrow's open and running GTC buy orders down to the second day's (of the last three days) open. The day's move was accompanied by a resistance break in on-balance-volume. The days move completed a double top breakout for September 27th with a price target of $18.50. For a stock with a well known brand name it is not averse to losses, nor its poor Investors Business Daily ranking. Caution advised.

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"IBD" refers to Investors Business Daily

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