Breakoutwatch Weekly Summary 03/25/17

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Contents
New Features this Week Strategy Suggestions Breakouts Summary Breakouts Detail	Top Cup and Handle Chart Pattern Stocks Breakouts Index Major Indexes Performance	Best Performing Index Best Performing Industry Most Improved Industry

Weekly Commentary
By Tuesday it became evident that repeal and replace of Obamacare was in trouble. Although the NASDAQ did recover from Tuesday's close, it did so on low volume and closed with a loss of 1.22% for the week. Lower than average volume shows that confidence in the Trump rally is slipping and the markets must now worry that promised tax reform and infrastructure spending may now be delayed or in jeopardy. Low volume kept the number of breakouts for the week to just 4 all of which came from a cup and handle pattern. FLXN broke out on Thursday on news of a takeover offer and we issued an alert at 10:39 am when the price was $22.55. The stock closed on Friday at $27.27 representing a gain of 21% over the alert price.

New Features this Week
No new features this week.

Strategy Suggestions
Our latest strategy suggestions are here.

Breakouts Summary by Watchlist for Week Beginning 03/20/17
List	Breakouts	Avg. Gain
CWH	4	5.11
SQZ		0
HTF		0
HSB		0
DB		0

Breakouts Detail for Week Beginning 03/20/17
Brkout Date	Symbol	Base	Squeeze	BrkoutOut Price	Brkout Day Close	RS Rank^*	Last Close	Current % off BOP	Gain at Intraday High
2017-03-23	FLXN	CWH	n	21.50	26	91	27.27	26.84%	31.16%
2017-03-23	CWST	CWH	n	13.42	14	92	13.76	2.53%	4.32%
2017-03-24	SLP	CWH	n	10.80	11	83	10.95	1.39%	2.78%
2017-03-20	CRBP	CWH	n	10.15	10	98	9.1	-10.34%	3.45%
^*RS Rank on day before breakout.

Top Rated Cup and Handle Stocks as of Friday March 24, 2017
Symbol	BO Price	BO Vol.	Company	Industry	RS Rank	Last Close
BZUN	16.20	653,154	Baozun Inc.	Catalog & Mail Order Houses	96	14.93
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	20596.7	-1.52%	4.22%	Up
NASDAQ	5828.74	-1.22%	8.28%	Up
S&P 500	2343.98	-1.44%	4.7%	Up
¹The Market Trend is derived from our proprietary market model. The market model is described on the sitehere. 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 3.33 %	Dow Jones 12.79 %	NASDAQ Composite 8.28 %

Best Performing Industry (by average technical score over each period)
1 Week	3 Weeks	13 Weeks	26 Weeks
General Entertainment	General Entertainment	Basic Materials Wholesale	Regional - Southwest Banks

Most Improved Industry (by change in technical rank²)
Diversified Computer Systems 60	Consumer Services 142	Diversified Computer Systems 145	Long Distance Carriers 207
Charts of each industry rank and performance over 12 months are available on the site

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