Wednesday, March 27:
Of 2,399 stocks and exchange-traded funds in this week's analytical universe, 35 that are traded on the major American stock exchanges broke beyond their 20-day price channels, 18 to the upside and 17 to the downside.
Three survived my initial screens, all with bull signals. In descending volume order, they are LBTYA, MO and ROST.
Six over-the-counter stocks from my analytical universe broke beyond their 20-day price channels, two to the upside and four to the downside. None survived initial screening.
The surviving issues that confirm their signals by trading on Thursday beyond their breakout levels will merit further analysis.