Home | Subscribe | Daily breakouts | Blog | [$] Gold Level Subscribers | Stockcharts public list | [$] Model portfolio | [$] Stock Scan | Market links | Books | Contact me | Testimonials | Search site
 

Breakouts for Mar 24th: The first pick, AHOM, is a OTC BB play. The stock gapped up on heavy volume, closing over resistance on a jump in Q4 earnings. The move was accompanied by a break in MACD trigger line resistance (as part of a bearish divergence) with a bullish cross in the trigger line. On-balance-volume ended the day at new highs as slow stochastics crossed the bullish mid-line. The point-n-figure chart shows a triple top breakout as of today with no overhead resistance and a bullish price target of $11.13. I have set a preliminary price target drawn from a projected base move. The second pick, GME, broke from a scrappy base on higher volume as the stock reported lower net earnings but higher sales. The stock bounced off the 50-day moving average and continues a slow ascent. A move to $24 will be very bullish for the stock as it will mark a point-n-figure double top breakout with no overhead resistance, and mark new 3-year highs. Technicals continue to improve. The MACD trigger line is again above the bullish zero line and about to break to new near term highs. On-balance-volume earlier broke resistance and remains above its 20-day moving average trigger line while slow stochastics hold bullish momentum above the mid-line. The preliminary bullish target is $31.50 The third pick, FUL, breached two resistance levels; the first was declining resistance from December, the second was a new reaction high for March. However, the stock remains trapped inside a larger weekly trading range between $25 and $30. Technicals are heading northwards once again - watch for new reaction highs in the MACD trigger line and on-balance volume which should lead to a break of $29.11. The key move will come on a test and break of $30. Point-n-figure chart shows $32 as a 6-year high with a price objective of $38.00, below which I have set my price target.

Buy Stop Target Support Resistance Risk:Reward IBD
$4.25

$3.49

$5.34 $4.19 none 1.4 n/a

Click for Stockchart.com chart

Back to top

Buy Stop Target Support Resistance Risk:Reward IBD
$21.95 $19.99 $29.14 $21.30 $22.95 3.7 C+

Click for Stockchart.com chart

Back to top

Buy Stop Target Support Resistance Risk:Reward IBD
$28.25 $26.99 $37.64 $27.65 $29.11 7.5 D+
Click for Stockchart.com chart

Back to top

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 %
.
.
Long
11
.
.
.
.
Long
45
.
.
Long
35
Long
18
.
.
Long
39
.
.
.
.
Long
26
Long
12
.
.
.
.
.
.
Long
17
Long
32
.
.
.
.
.
.
.
.
Long
35
.
.
Long
34
.
.
.
.
Long
36
.
.
.
.
.
.
Long
20
Long
33
.
.
.
.
Oct 27th
.
.
Long
6
.
.
Long
94
.
.
.
.
.
.
Long
78
.
.
Long
18
.
.
.
.
Long
65
.
.
.
.
Nov 5th
Long
40
.
.
Long
37
Long
29
Long
29
.
.
.
.
Long
48
Long
38
Long
19
.
.
.
.
.
.
Long
21
.
.
Long
18
.
.
.
.
.
.
Long
35
.
.
.
.
.
.
Long
24
.
.
.
.
Long
40
Dec 7th
.
.
.
.
Long
8
.
.
.
.
Long
16
.
.
.
.
Long
14
Long
28
Long
22
.
.
.
.
Long
19
.
.
.
.
Long
19
.
.
.
.
.
.
Long
24
.
.
Long
24
.
.
Long
54
.
.
.
.
.
.
Long
9
.
.
.
.
Long
10
.
.
Long
31
Long
38
.
.
.
.
.
.
Long
28
Long
16
.
.
Swing
21
.
.
Swing
33
.
.
.
.
Long
32
.
.
Long
34
.
.
.
.
.
.
.
.
Long
16
.
.
Long
65
.
.
.
.
Long
3
Long
22
Long
28
.
.
Short
5
Long
33
.
.
Short
24
.
.
Short
9
.
.
.
.
.
.
Long
8
.
.
Short
12
.
.
.
.
.
.
Short
7
Long
14
.
.
Long
184
.
.
Long
9
Short
4
Long
9
Long
7
Short
13
Swing
20
.
.
Long
9
Long
4
.
.
Long
9
.
.
.
.
Long
4
.
.
Long
11
Long
7
.
.
.
.
Long
9
Long
4
Long
2
.
.
.
.
.
.
Long
10
Long
14
.
.
Long
15
.
.
.
.
Long
13
.
.
Long
6
.
.
Short
10
Short
5
Short
2
Short
9
Short
5
.
.
Short
2
.
.
Short
3
Long
3
.
.
.
.
Short
6
Short
2
.
.
Short
3
Short
4
Long
3
Long
7
Long
13
.
.
.
.
.
.
Long
5
Long
7
Long
17
Long
0
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

BUY THE NEWSLETTER

If you wish to learn how this service could be of use to you please download my How to? and sample newsletter.

In order to subscribe, please sign up for a payment plan

User id: member email address password: "gold"

Allow 24 hours to set up web site access. Please be aware in some instances the newsletter can be spam filtered; please allow emails from fallond@yahoo.com and fallond@fallondpicks.com.

Subscription rates

1-Year for $119 (save 33%)

6-months for $80 (save 11%)

$14.99 per month by credit card

Support Emerging Entrepreneurs

$25 of every Annual Subscription Sold is routed through Kiva.org

Fallond Trade history

Prior breakout candidates: Breakout home, 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, 4Dec06, 5Dec06, 6Dec06, 7Dec06, 12Dec06, 13Dec06, 15Dec06, 18Dec06, 21Dec06, 28Dec06, 4Jan07, 9Jan07, 11Jan07, 12Jan07, 16Jan07, 17Jan07, 18Jan07, 22Jan07, 24Jan07, 29Jan07, 31Jan07, 1Feb07, 2Feb07, 5Feb07, 8Feb07, 14Feb07, 15Feb07, 20Feb07, 26Feb07, 8Mar07,

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 Jan 10th 2007
Rank
Stock
Feature
Loss
Date
1
Breakout
35
2
Breakout
35
3
Breakout
32
4
Breakout
32
5
Breakout
32
6
Breakout
30
7
Breakout
27
8
Breakout
27
9
Breakout
27
10
Breakout
26
NASDAQ indicators
S&P indicators
Long term charts