The market remains in an buyable mode.
As long as we have breakouts, they should be considered buys.
DHI broke out yesterday from the High Ranked Leaders Watch List.
Volume was off though, being only -23% of the stock’s 50 DAV.
BFAM broke out from the Technical SetUps WatchList.
(provided by Buying BreakOuts.com)
Volume for that one was only about average.
Ideally, we would like to see volume be at least +50% of the stock 50-day average volume.
The formula is of course – 50 DAV x 1.5
I was able to add two new stocks to our TrendLine SetUps Watch List.
I was also able to add two new stocks to our Technical SetUps Watch List.
Any questions or concerns, please email me at firstname.lastname@example.org.