Each week we provide video chart analysis on 3-5 stocks for our subscribers, and below is a transcript of this weekend's picks. Our first stock is Almost Family (AFAM) in the home health care and health services field, which has been a market stalwart. Very few stocks are hitting new 52-week highs here, but this is one of them.

Almost Family had a big move from April to August when it went from the 16 1/2 area up to the mid 30s.
The stock then went into a consolidation period from the August high that lasted into the October low when it did spike down towards the 29 area. Since then the stock has bounced up to resistance, backed off, and then bounced and backed off a second time, forming a little left shoulder, head and right shoulder type bottom. The breakout occurred this past Thursday on volume, and the stock accelerated on heavier volume on Friday, making new all-time highs.

So AFAM looks like it's ready to roll. It has had a substantial move from 34 and change to 48 and change just in the last four sessions, so I would look for pullback periods somewhere to around the 44-45 zone ideally to maybe pick up the stock for a move that takes it to the high 50s to 60 area. Short-term support is at the 21-day and 40-day moving averages around 38. Beneath that a must stop is below 34 1/2 or thereabouts, which would violate not only the trendlline but the reaction low.

Our next stock is AeroVironment (AVAV), which we first highlighted back in July when it came across resistance on heavy volume. The stock made its way from the highs 20s to the mid 30s before the back-off brought it back to test the breakout point in the October 10 deep slide. The test was successful. The stock absolutely popped last week, running from 26 to nearly 37 in about a 5-6 day period, which has slightly broken it out above its highs, and the volume has picked up quite nicely.

Any pullback on low volume would be desirable for an entry point, but if we do get a favorable market this one could ride into the high 30s to low 40s on a short-term basis potentially. The stock is in all-time high territory, so projections could be a measured move that takes it up into the high 40s and even 50. Support on it is in the 31 area, not only at the gap but double moving average support as well. A move below that would be a violation and may be a reason for exiting, but obviously longer-term support is at the double bottom in the 25-25 1/2 area.

Our last chart of the week is LHC Group (LHCG), which is very similar in terms of their business line to Almost Family. So here's another stock in a group that is very hot and one of the strongest on Wall Street.

LHC reached a high in early 2007 in the low 30s, and then the stock came all the way down to the 13 1/2 area in April of this year. It came back up in the July-August period to test its highs but couldn't get through. The back-off was rather muted, as the stock went sideways while the market was falling, and then finally it caved in when the market did, dropping from the 30 to 22 zone. It reached up to its moving average and backed off and retested the lows, and then last week as in the case of AFAM and AVAV spiked up from 22 1/2 to 35 and change on heavy volume and a price breakaway gap above the moving averages, surging through the old highs to new all-time highs.

So, very strong relative strength here, making new highs, and there aren't too many stock making new highs in this market, that's for sure. LHC is one to keep an eye on, particularly on any pullback to the 31-32 zone on light volume in a nice bullish consolidation mode ideally. It's a possibility this stock continues and extends, gets up to the 40-41 zone, my original target at the top of the 8-9 month channel, and then longer-term projections could take this stock to the 48-50 zone.

Short-term support as indicated would be at the previous highs around 32-32 1/2, and then at secondary support at the moving averages and gap in the 27 1/2-28 zone.