Breakoutwatch Weekly Summary 01/09/21

You are receiving this email because you are or were a BreakoutWatch.com subscriber, or have subscribed to our weekly newsletter. This newsletter summarizes the breakout events of the week and provides additional guidance that does not fit into our daily format. It is published each weekend.
Newsletter Archive: https://www.breakoutwatch.com/content/newsletters

Weekly Commentary
Breakouts Gain 8.6%; Top Breakout 94%; NASDAQ Gain 2.4%; Bug Fixes

The new year began with a continuation of the last year's momentum and each of the major indexes set new intraday and closing highs. The NASDAQ gained 2.4% and closed on Friday just 6 points short of its intraday high. The best performing index was the Russel 2000 with a 5.9%gain, indicating that small cap stocks are expected to perform well in 2021. The markets seemed unphased by the Republican loss of their Senate majority and instead anticipated further fiscal stimulus from the Democrats with control of the two houses Congress and the Presidency.
NASDAQ Chart
As can be seen in the list of breakouts below, the number of breakouts, 113,  greatly exceeded the recent 4 week average of 54. Top breakout of the week was MARA which broke out of a High Tight Flag (HTF) pattern for a 94% gain. MARA HTF Breakout
Best Volatility Squeeze Breakout was VERI with an 80% gain.
Chart VVERI SQZ
Best Cup and Handle pattern breakot was RUN with a 30% Gain
Chart RUN CWH
Chart of the Week
Eyenovia, Inc. (EYEN) is my selection for the week. Although HTF stocks have done well, the most frequent and reliable breakouts come from the cup and handle pattern. EYEN had a very strong run to set the latest pivot and after a profit taking in a short handle looks ready to move higher.

EYEN Chart
New Features this Week

A feature requested by a subscriber was the ability to be notified when a stock on their personal watchlist(s) appears on our watchlists. IF so, you will receive an email showing the name of your personal watchlist, the stock and the watchlist that it is currently on. For example:
Personal Watchlist Stocks for Trading at Next Session

PWL: QQQQ Symbol: QCOM Watchlist: Head and Shoulders Bottom
PWL: QQQQ Symbol: GOOG Watchlist: Head and Shoulders Bottom
PWL: QQQQ Symbol: NVDA Watchlist: Short Sale
Bug Fixes:
  • The save TAprefs check box on our TA charts now works. Once checked, your future charts will use these preferences until you unset them with the 'Unset' check box.
  • Daily Reports were sometimes truncated in the case of very large reports. That is fixed now
Strategy Suggestions
Our latest strategy suggestions are here.
Breakouts Summary by Watchlist for Week Beginning 01/04/21
List Breakouts Avg. Gain
CWH 19 5.61
SQZ 74 9.02
HTF 18 10.92
HSB
0
DB 2 0.83
Breakouts Detail for Week Beginning 01/04/21
Brkout Date Symbol Base Squeeze Brkout Price Brkout Day Close RS Rank* Last Close Current % off BOP Gain at Intraday High
2021-01-06 MARA HTF n 14.66 16.96 99 26.39 80.01% 93.52%
2021-01-06 VERI SQZ y 26.59 26.85 98 38.45 44.6% 46.06%
2021-01-04 FUTU SQZ y 45.76 48.94 96 64.53 41.02% 45.8%
2021-01-06 RUN CWH n 74.14 85.17 97 96.5 30.16% 30.46%
2021-01-04 ODP SQZ y 29.31 30.3 99 36.96 26.1% 31.08%
2021-01-06 SIG SQZ y 29.63 33.06 94 37.3 25.89% 29.73%
2021-01-04 HOME SQZ y 15.47 15.77 96 19.18 23.98% 32.32%
2021-01-06 NIU SQZ y 28.91 28.93 93 35.43 22.55% 25.01%
2021-01-07 NIU SQZ y 28.94 33.55 93 35.43 22.43% 24.88%
2021-01-04 KRA SQZ y 27.80 28.72 89 33.61 20.9% 28.05%
2021-01-04 NIO SQZ y 48.75 53.49 99 58.92 20.86% 21.66%
2021-01-08 VERI SQZ y 31.94 38.45 98 38.45 20.38% 21.6%
2021-01-05 PLL SQZ y 28.66 32.25 97 33.88 18.21% 28.93%
2021-01-05 OII HTF n 8.91 9.15 88 10.42 16.95% 21.66%
2021-01-06 PRTY HTF n 6.83 6.97 99 7.97 16.69% 22.99%
2021-01-06 HOME SQZ y 16.60 17.4 97 19.18 15.54% 23.31%
2021-01-08 MYO SQZ y 7.64 8.8 98 8.8 15.18% 22.12%
2021-01-06 VFF SQZ y 10.88 11.86 94 12.51 14.98% 21.51%
2021-01-06 VOXX SQZ y 12.75 14.04 93 14.62 14.67% 18.51%
2021-01-06 GPI SQZ y 127.81 141.65 88 146.42 14.56% 17.31%
2021-01-04 DVN SQZ y 15.82 16.13 82 18.11 14.48% 21.81%
2021-01-06 WKHS SQZ y 22.44 23.65 98 25.565 13.93% 24.54%
2021-01-07 WPG HTF n 7.83 7.96 99 8.79 12.26% 20.56%
2021-01-06 CYRX SQZ y 50.59 52.01 89 56.6 11.88% 12.93%
2021-01-06 AMSC HTF n 26.44 26.93 95 29.38 11.12% 20.2%
2021-01-06 PLT SQZ y 28.03 30.08 91 31.12 11.02% 17.12%
2021-01-06 BOOT SQZ y 43.77 47.86 89 48.59 11.01% 11.74%
2021-01-05 ALT SQZ y 12.72 12.75 96 14.12 11.01% 16.75%
2021-01-06 ALT SQZ y 12.76 12.8 95 14.12 10.66% 16.38%
2021-01-06 SSL CWH n 9.70 9.73 81 10.71 10.41% 14.74%
2021-01-07 FUV SQZ y 13.50 15.6 97 14.89 10.3% 19.85%
2021-01-07 HOME SQZ y 17.41 17.98 97 19.18 10.17% 17.58%
2021-01-07 FCEL HTF n 13.91 14.99 99 15.32 10.14% 21.78%
2021-01-06 RAMP CWH y 74.56 75.94 83 82.09 10.1% 11.6%
2021-01-07 STIM HTF n 11.71 12.07 97 12.89 10.08% 11.19%
2021-01-07 TFFP SQZ y 15.58 16.85 91 17.14 10.01% 10.72%
2021-01-07 SSL SQZ y 9.74 10.19 81 10.71 9.96% 14.27%
2021-01-04 LAZY SQZ y 16.26 16.38 97 17.83 9.66% 21.89%
2021-01-06 MWK HTF n 19.08 19.12 98 20.92 9.64% 10.83%
2021-01-06 FOXF CWH n 108.89 113.45 84 119.04 9.32% 10.2%
2021-01-06 BJRI CWH n 40.74 41.7 87 44.43 9.06% 9.47%
2021-01-06 QTRX SQZ y 44.71 47.02 83 48.74 9.01% 11.79%
2021-01-06 CHUY SQZ y 26.10 28.42 81 28.45 9% 13.24%
2021-01-06 KRA SQZ y 30.96 34.68 90 33.61 8.56% 14.98%
2021-01-07 FET SQZ y 13.27 13.93 99 14.4 8.52% 9.72%
2021-01-07 SLP CWH n 76.13 80.11 80 82.32 8.13% 8.22%
2021-01-07 RAMP SQZ y 75.95 80.62 84 82.09 8.08% 9.56%
2021-01-07 WKHS SQZ y 23.66 27.6 98 25.565 8.05% 18.12%
2021-01-06 LAD SQZ y 294.79 313.05 91 317.79 7.8% 10.67%
2021-01-06 DKL SQZ y 31.76 32.02 87 34.18 7.62% 8.6%
2021-01-07 NETE SQZ y 12.33 14.28 93 13.23 7.3% 17.1%
2021-01-05 AGCO CWH n 104.60 105.46 83 112.09 7.16% 10.54%
2021-01-06 SEAS SQZ y 30.65 32.47 88 32.81 7.05% 12.69%
2021-01-07 CRSP HTF n 181.42 194.43 94 193.82 6.83% 15.97%
2021-01-04 GDOT SQZ y 55.81 55.9 81 59.61 6.81% 10.82%
2021-01-08 HOME SQZ y 17.99 19.18 97 19.18 6.61% 13.79%
2021-01-04 STAA SQZ y 79.23 81.59 87 84.37 6.49% 8.49%
2021-01-04 SGC SQZ y 23.25 23.83 83 24.75 6.45% 10.97%
2021-01-06 GNMK CWH n 15.68 16.49 90 16.63 6.06% 12.12%
2021-01-08 NIU SQZ y 33.56 35.43 94 35.43 5.57% 7.69%
2021-01-06 MATX SQZ y 58.31 62.19 83 61.54 5.54% 11.53%
2021-01-06 UAN HTF n 16.53 18.13 99 17.44 5.51% 13.37%
2021-01-06 GNRC CWH n 239.62 246.29 86 252.5 5.38% 8.51%
2021-01-06 RM SQZ y 29.41 30.83 85 30.92 5.13% 9.78%
2021-01-06 GRWG HTF n 43.14 44.41 99 45.32 5.05% 11.52%
2021-01-06 CASH SQZ y 36.69 40.33 86 38.53 5.01% 11.75%
2021-01-07 TEN SQZ y 11.21 12.17 86 11.71 4.46% 15.39%
2021-01-08 FTSI SQZ y 18.45 19.27 97 19.27 4.44% 5.85%
2021-01-06 TISI SQZ y 10.62 11.73 80 11.06 4.14% 13.75%
2021-01-06 MOD HTF y 12.93 13.47 93 13.46 4.1% 6.34%
2021-01-07 VOXX SQZ y 14.05 14.92 94 14.62 4.06% 7.54%
2021-01-08 REPL SQZ y 41.12 42.78 92 42.78 4.04% 4.55%
2021-01-06 NEON SQZ y 8.04 8.14 92 8.36 3.98% 9.45%
2021-01-07 VEL SQZ y 6.79 7.07 83 7.05 3.83% 9.35%
2021-01-06 SLM CWH n 12.55 12.81 81 13.03 3.82% 5.26%
2021-01-05 CLB CWH n 29.85 30.42 84 30.98 3.79% 11.22%
2021-01-08 DKL CWH n 32.94 34.18 84 34.18 3.76% 4.71%
2021-01-06 DLHC SQZ y 9.60 9.83 80 9.96 3.75% 6.77%
2021-01-06 VAC SQZ y 136.13 144.84 82 141.14 3.68% 7.85%
2021-01-07 QTRX SQZ y 47.03 49 84 48.74 3.64% 6.27%
2021-01-05 ETH CWH n 20.66 20.89 84 21.41 3.63% 7.26%
2021-01-06 EYE CWH y 48.58 49.42 81 50.19 3.31% 6.06%
2021-01-06 REZI HTF n 22.85 22.86 94 23.6 3.28% 3.85%
2021-01-05 APA HTF n 16.14 16.18 76 16.58 2.73% 8.43%
2021-01-06 PLCE HTF n 52.17 56.83 87 53.52 2.59% 11.83%
2021-01-06 MED DB n 203.20 218.13 86 208.31 2.51% 11.6%
2021-01-05 COHU HTF y 41.00 41.5 94 42 2.44% 5.93%
2021-01-06 EBIX SQZ y 38.21 40.31 88 39.02 2.12% 8.77%
2021-01-06 SSP SQZ y 15.34 16.36 82 15.63 1.89% 7.5%
2021-01-08 TFFP SQZ y 16.86 17.14 93 17.14 1.66% 2.31%
2021-01-07 EYE SQZ y 49.43 50.04 83 50.19 1.54% 4.24%
2021-01-08 ALT SQZ y 13.91 14.12 95 14.12 1.51% 6.76%
2021-01-07 DLHC SQZ y 9.84 10 81 9.96 1.22% 4.17%
2021-01-07 KWR SQZ y 268.84 273.94 81 271.38 0.94% 2.94%
2021-01-08 CVEO HTF n 17.22 17.37 99 17.37 0.87% 3.08%
2021-01-08 NBLX CWH n 11.73 11.83 81 11.83 0.85% 1.88%
2021-01-06 ANF SQZ y 21.38 22.24 84 21.53 0.7% 6.13%
2021-01-06 WTRE SQZ y 34.70 34.76 84 34.8 0.29% 0.3%
2021-01-07 RYTM SQZ y 33.80 34.63 82 33.88 0.24% 4.85%
2021-01-07 LAZY CWH n 17.79 19.14 97 17.83 0.22% 11.41%
2021-01-08 CLDX SQZ y 17.50 17.53 97 17.53 0.17% 2.34%
2021-01-07 GPS SQZ y 21.42 21.5 84 21.42 0% 2.26%
2021-01-07 GDOT SQZ y 59.67 60.27 82 59.61 -0.1% 3.65%
2021-01-06 JELD CWH n 26.45 26.84 81 26.41 -0.15% 3.21%
2021-01-07 SGC SQZ y 24.94 25.65 84 24.75 -0.76% 3.45%
2021-01-05 JD DB n 92.33 95.5 82 91.54 -0.86% 4.19%
2021-01-07 MATX SQZ y 62.20 62.92 85 61.54 -1.06% 4.56%
2021-01-05 WLL SQZ y 26.53 26.88 99 26.12 -1.55% 6.9%
2021-01-07 CIR SQZ y 38.74 39.27 85 38.09 -1.68% 1.86%
2021-01-07 EPIX HTF n 12.49 12.8 90 12.02 -3.76% 5.84%
2021-01-07 BTAI CWH n 54.91 54.95 83 52.61 -4.19% 0.16%
2021-01-06 TACO CWH y 9.65 9.7 80 9.24 -4.25% 3.21%
2021-01-07 CWH SQZ y 28.72 28.81 91 27.5 -4.25% 2.65%
*RS Rank on day before breakout.
Top Rated Cup and Handle Stocks as of Friday January 08, 2021
Symbol BO
Price
BO
Vol.
Company Industry RS
Rank
Last
Close
PBI 7.17 3,952,636 Pitney Bowes Inc. Business Equipment & Supplies 90 6.91
HL 7.06 12,847,208 Hecla Mining Company Gold 88 6.08
ICLK 9.10 1,325,866 iClick Interactive Asia Group Limited Advertising Agencies 86 8.89
SPWH 18.08 2,705,730 Sportsman's Warehouse Holdings - Inc. Leisure 81 17.54
UROV 16.15 595,142 Urovant Sciences Ltd. Biotechnology 81 16.10
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 31098
1.61% 1.61% Up
NASDAQ 13202
2.43% 2.43% Up
S&P 500 3824.68
1.83% 1.83% 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 NASDAQ Composite
14.01
NASDAQ Composite
24.34
NASDAQ Composite
2.43
Best Performing Industry
1 Week 3 Weeks 13 Weeks 26 Weeks
Uranium
Aluminum
Silver

Most Improved Industry (by change in technical rank2)
Department Stores
26
Solar
103
Aluminum
124
Textile Manufacturing
127
Charts of each industry rank and performance over 12 months are available on the site

 

If you received this newsletter from a friend and you would like to receive it regularly please go to the BreakoutWatch.com site and you will then be able to register to receive the newsletter.

Copyright (c) 01/09/2021 NBIcharts, LLC dba BreakoutWatch.com. All rights reserved.
" BreakoutWatch," the BreakoutWatch.com "eye" logo, and the slogan "tomorrow's breakouts today" are service marks of NBIcharts LLC. All other marks are the property of their respective owners, and are used for descriptive purposes only.

BreakoutWatch is not affiliated with Investor's Business Daily or with Mr. William O'Neil. Our site, research and analysis is supported entirely by subscription and is free from advertising.