On Wednesday, April 24:
Of 4,144 stocks and exchange-traded funds in this week's analytical universe, 93 that are traded on the major American stock exchanges broke beyond their 20-day price channels, 74 to the upside and 19 to the downside.
In addition, 17 that are traded over the counter broke out, 15 to the upside and two to the downside.
The symbols I'm analyzing are among those that have drawn attention from analysts. They range from penny stocks to blue chips with liquidity running from barely existing to the max.
Five of the major-exchange symbols survived my initial screening, all having broken out to the upside. The potential bull plays are ASML, CZZ, JKS, MEI and PTP.
One of the over-the-counter symbols survived initial screening, with an upside breakout. It is CMXHY.
I'll do further analysis on the survivors that confirm their signals by trading beyond their breakout levels on Thursday, April 25.
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