Tuesday, March 19, 2013

Tuesday's Breakouts

Tuesday, March 19:

Of 2,423 stocks and exchange-traded funds in this week's analytical universe, 51 broke beyond their 20-day price channels, 13 to the upside and 38 to the downside.

Four stocks survived my initial screens. HAIN, RLGY and FLO gave bull signals, and YNDX gave a bear signal.

The issues whose signals are confirmed on Wednesday by trading beyond their breakout levels will merit further analysis.

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