Breakoutwatch Weekly Summary 01/11/20

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Weekly Commentary
Breakoutwatch Weekly Summary 01/11/20

Welcome to the New Year and I wish it will be a happy and prosperous one for you.

I'm in bed recovering from a cycling accident and hope to resume the weekly newsletter next week - Mike Gibbons

NASDAQ Chart

New Features this Week

No new features this week
Strategy Suggestions
Our latest strategy suggestions are here.
Breakouts Summary by Watchlist for Week Beginning 01/06/20
List Breakouts Avg. Gain
CWH 9 3.73
SQZ 4 5.71
HTF
0
HSB
0
DB
0
Breakouts Detail for Week Beginning 01/06/20
Brkout Date Symbol Base Squeeze Brkout Price Brkout Day Close RS Rank* Last Close Current % off BOP Gain at Intraday High
2020-01-06 ACMR CWH n 19.79 21 89 23.63 19.4% 32.84%
2020-01-08 COLL SQZ y 19.94 22.13 94 23.3 16.85% 18.59%
2020-01-07 VICR CWH n 48.86 51.15 94 51.86 6.14% 6.39%
2020-01-10 FENC CWH y 6.79 7 91 7 3.09% 5.01%
2020-01-07 WDC CWH n 65.98 67.66 85 67.94 2.97% 5.59%
2020-01-09 IIIV SQZ y 29.31 30.02 85 30.09 2.66% 4.74%
2020-01-09 SIEN CWH n 9.00 9.34 82 9.22 2.44% 7.78%
2020-01-08 SGMS SQZ y 26.99 28.98 89 27.525 1.98% 9.52%
2020-01-09 FIVN SQZ y 70.21 71.21 91 71.15 1.34% 2.04%
2020-01-06 GNTX CWH n 29.74 29.76 81 30.07 1.11% 1.78%
2020-01-09 RMBS CWH n 14.17 14.19 84 14.13 -0.28% 2.75%
2020-01-07 MESO CWH n 7.98 8 90 7.95 -0.38% 1.87%
2020-01-07 PTCT CWH y 50.96 51.49 87 50.51 -0.88% 4.56%
*RS Rank on day before breakout.
Top Rated Cup and Handle Stocks as of Friday January 10, 2020
Symbol BO
Price
BO
Vol.
Company Industry RS
Rank
Last
Close
REPH 19.00 524,301 Recro Pharma - Inc. Biotechnology 98 16.49
HABT 14.05 800,458 The Habit Restaurants - Inc. - Class A Common Stock Restaurants 94 13.92
SY 14.35 892,906 So-Young International Inc. - American Depository Health Information Services 90 13.95
SONO 15.98 2,593,016 Sonos - Inc. Consumer Electronics 86 15.23
IRWD 14.10 2,576,715 Ironwood Pharmaceuticals - Inc. - Class A Common St Drug Manufacturers - Specialty & Generic 86 12.66
LOCO 16.65 671,403 El Pollo Loco Holdings - Inc. Restaurants 82 14.96
These stocks meet our suggested screening factors for our Cup and Handle Chart Pattern watchlist.
See Revised Rules for Trading Cup and Handle Breakouts
Major Index Summary
Index Value Change Week Change YTD Trend1
Dow 28823.8
0.66% 1% Up
NASDAQ 9178.86
1.75% 2.3% Up
S&P 500 3265.35
0.94% 1.07% Up
1The Market Trend is derived from our proprietary market model. The market model is described on the site here.
2The site also shows industry rankings based on fundamentals, combined technical and fundamentals, and on price alone. The site also shows daily industry movements.
Best Performing Index
1 Week 13 Weeks 26 Weeks Year-to-Date
NASDAQ Composite
1.75 %
NASDAQ Composite
13.92 %
NASDAQ Composite
11.34 %
NASDAQ Composite
2.3 %
Best Performing Industry
1 Week 3 Weeks 13 Weeks 26 Weeks
Semiconductor Equipment & Materials
Semiconductor Equipment & Materials
Electric Utilities
Diversified Utilities
Most Improved Industry (by change in technical rank2)
Real Estate Development
46
Textile Industrial
100
Home Improvement Stores
135
Movie Production - Theaters
208
Charts of each industry rank and performance over 12 months are available on the site

 

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