US Breakout Stocks Watchlist - 11 October 2020
The weekend scans mostly produced a mix of leading large cap stocks and numerous gold miners, as the majority of leading tech stocks have already broken out over the last weeks. But if the large caps can join in, then would be good for the overall market, as well as the exceptionally strong market breadth we've seen this week. With the highest MA breadth reading of the year, and the financials finally joining the rally, with over 2/3rds now above their 150 day (30 week) MAs.
For the watchlist from the weekend scans - ADBE, AMZN, AQB, AUY, BTG, CHWY, DDOG, DOMO, DT, EGO, EQX, GFI, KL, MAG, MSFT, PYPL, SHOP, WIX, WKHS
Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.