Breakoutwatch Weekly Summary 02/23/19

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.

Weekly Commentary
Buy At Open Strategy Launched The NASDAQ Composite flirted with the 200 day moving average for the first 3 trading days of this shortened week before finally breaking through on slightly above average volume on Friday. Positive news from the trade talks with China gave the impetus for the accumulation day. The index gained 0.7% for the week and bested the other 2 major indexes. Low volumes limited the number of breakouts this week to just 7. A software bug that I unknowingly introduced last weekend threw off our alerts for the week. The daily watchlists were not updated on Tuesday through Thursday with the result that alerts sent on those days were based off last Friday's watchlists and therefore weren't relevant to each day's trading. This was corrected Thursday evening and the watchlists published on Friday for next Monday's trading are correct.

New Features this Week
Buy At Open Strategy Launched This week I started sending out emails containing stocks that meet our Buy At Open strategy guidelines. These emails go to Test Drive and Platinum subscribers. Only two stocks met the guidelines, one on Tuesday and one on Friday. Tuesday's email contained: These are our daily selection(s) for the Buy at Open Strategy The strategy is described here: https://www.breakoutwatch.com/html/BuyatOpenStrategy2019.html There was only one symbol today that met the criteria symbol: JKS Minimum price to buy at open: 16.99 Maximum price to buy at open: 17.84 Daily trailing stop if bought at open: 17.2 You are receiving this email because you are a subscriber to breakoutwatch.com JKS closed on Friday 23% above its breakout price. Friday's email suggested one stock to buy at open on Monday and was sent to Test Drive and Platinum subscribers.

Strategy Suggestions
Our latest strategy suggestions are here.

Breakouts Summary by Watchlist for Week Beginning 02/18/19
List	Breakouts	Avg. Gain
CWH	5	7.25
SQZ	2	1.85
HTF		0
HSB		0
DB		0

Breakouts Detail for Week Beginning 02/18/19
Brkout Date	Symbol	Base	Squeeze	Brkout Price	Brkout Day Close	RS Rank^*	Last Close	Current % off BOP	Gain at Intraday High
2019-02-20	JKS	CWH	n	16.99	17.86	93	20.94	23.25%	23.31%
2019-02-20	AMRC	CWH	y	15.50	16.23	92	16.76	8.13%	9.68%
2019-02-22	LPSN	CWH	n	26.54	27.39	95	27.39	3.2%	5.5%
2019-02-22	NTWK	SQZ	y	6.98	7.14	88	7.14	2.29%	3.15%
2019-02-22	ACRE	SQZ	y	14.87	15.08	82	15.08	1.41%	3.16%
2019-02-22	GIL	CWH	n	34.70	35.08	81	35.08	1.1%	1.47%
2019-02-22	PDVW	CWH	y	45.25	45.5	91	45.5	0.55%	6.94%
^*RS Rank on day before breakout.

Top Rated Cup and Handle Stocks as of Friday February 22, 2019
Symbol	BO Price	BO Vol.	Company	Industry	RS Rank	Last Close
No stocks met 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	26031.8	0.57%	11.59%	Up
NASDAQ	7527.54	0.74%	13.45%	Up
S&P 500	2792.67	0.62%	11.4%	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 7.19 %	Dow Jones 0.94 %	NASDAQ Composite 13.45 %

Best Performing Industry (by average technical score over each period)
1 Week	3 Weeks	13 Weeks	26 Weeks
Foreign Utilities	Foreign Utilities	Foreign Utilities	Auto Parts Stores

Most Improved Industry (by change in technical rank²)
Drugs Wholesale 124	Consumer Services 145	Music & Video Stores 191	Synthetics 214
Charts of each industry rank and performance over 12 months are available on the site

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