Nine Buyable BreakOuts This Week – 3/20/15

As we all witnessed, it was another turbulent week on Wall Street.
However, the major averages ended with weekly gains and the NASDAQ closed at a new high, and back above 5000.
This week we had a total of 9 stocks break out from our watch list.
Let’s take a quick look at the charts of each one…

 

#9 CBG – Very high ranks and hails from a leading group. Closed the week at a new all-time high with no resistance in the way of further possible gains.

CBG

 

#8 EW – Made a solid breakout this week with single session gains of nearly +10% on three times the normal daily volume.

EW

#7 ADI – Broke out on Thursday and had a solid follow through on Friday.

ADI

 

#6 HNI – Breaks out on Friday with a +140% increase in the daily trading volume. There is no resistance in the way of any further possible gains.

HNI

 

#5 CELG – Was just added to the watch list on Friday morning before the opening bell, then broke out and triggered a buy signal that same day.

CELG

 

#4 TWX – Nearly triggered our buy signal on Wednesday before more clearly breaking out on Friday.

TWX

 

#3 FB – Made three consecutive days of gains as it breaks out and triggers our technical buy signal.

FB

 

#2 STE – Broke out on Monday then closed the week at a new all-time high and up +5.4%.

STE

 

#1 REGN – Massive move this week after breaking out on Monday. Made five straight days of gains with volume conviction, each day plowing to new all-time highs. Closed up +13.8%.

REGN

 

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