As markets have been sideways, choppy and/or down, buying the break outs has not been very active.  I will continue to report charts I like as you never know when the market will move up strong.  We are in a secular bull market so patience is the game.  On any breakouts, make sure there is volume to continue the momentum.  Until the markets do start to trend up, I will be more short bias in my daily trades or looking to by more gap stocks.

GOL: Nice reversal on the this chart.  touching down to support at $6.00 then rocketing off to $9.30 closing at $9.06. If the momentum continues the stock could trade up to $11.30.  But, if it goes red on the day, I would look to go short.  500 million shares outstanding so it may not be too volatile after this big move.  We'll see what the morning brings.  

LGYC:  Earnings winner after hours.  From the $2.45 close the stock gapped up to $3.40 and has settled down to $3.11.  Momentum is strong but it is somewhat extended.  It needs to break above $4.10 to go long.  If it does, $6.00 is the next target.  But, as it is an energy play it will be dependent on the price of oil as well.  And I imagine, with oil somewhat softer, the shorts will be piling in around $4.00.  If it fails to break out, I will probably join them.

PRMW:  I wrote about this stock yesterday and it closed at a five year high.  It did break above briefly but couldn't hold. If big markets get strong this stock should move above these levels with a $13.75 target.

QUAD: Stock exploded today up $3.34 and was one of the largest % gainers today.  If we get follow through tomorrow I wouldn't be surprised to see it trade into the $18.00 range.  Shorts, 6 days to cover.

RSYS:  This stock has come off of a strong base at $3.00.  Moved up strongly in a nice wave pattern breaking out above $4.72.  It closed at $5.10. ON a break above $5.22, my short term goal is $6.00

SYNC: Announced a major deal with AT&T with over $100 million in revenue.  Trading up sharply in after hours with over 1 million in volume.  I will look to go long this stock in the morning above $3.63.  Price target of $4.50 and $5.25.  Needs to hold $3.20 support.