– James F. Taulman, former Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.
[dropcap]S[/dropcap]o far, for the month of May 2019 we have had a total of 4 breakouts from the weekly Sunday Stock Report Watch List.
Three of those (in the table below) have pulled back modestly, yet do remain above support.
One, Atlassian (TEAM) continues to hold onto its gains, as it closed the week at new all-time highs.
| SYM | LAST | ADDED TO WATCH LIST |
BREAK OUT PRICE |
BREAK OUT DATE |
MAX BUY PRICE | CURRENT % GAIN /LOSS |
| DRI | $120.13 | 5/4/19 | $122.47 | 5/20/19 | $128.59 | -1.91% |
| TWLO | $133.90 | 5/12/19 | $137.50 | 5/16/19 | $144.38 | -2.62% |
| MMC | $95.38 | 5/4/19 | $95.92 | 5/10/19 | $98.57 | -0.56% |
| TEAM | $129.52 | 5/2/19 | $117.16 | 5/8/19 | $123.02 | +10.55% |
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
This very highly-ranked, fundamentally sound, leader was first added to the Sunday Stock Report Watch List on May 5th.
Shares broke out late-afternoon on 5/8 as they traded above our posted TRIGGER PRICE of $117.16 while volume was running twice the normal rate.
CONTINUED HERE
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About the Founder: James F. Taulman – James served as Editor-in-Chief of the first independently licensed website that offered stock reports and services based on the CAN SLIM® investment system. He has developed a knack for being able to quickly and accurately analyze high-ranked stocks based on this winning investment strategy. Over the years, Mr. Taulman has enjoyed assisting individuals from professional money managers to private investors with their needs in relation to implementing this investment approach on a daily basis in the current marketplace. Each Sunday you could hear him deliver his weekly market report as part of the “Your Money Matters” radio program on ABC and CBS radio networks.
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