[isatrader]

For the watchlist from yesterdays scans - AXAS, APPN, CBW.V, FND, GALT, JJU, JJM, GSP, JCO.V, LGO.TO, MGW.V, HIP.V, ROYT, DBC

Note: Am noticing a number of oil and commodity stocks in the scans, with multiple commodity indexes at breakout levels. I've been looking for potential areas ...

I've noted that a number of the larger UK listed miners are or are on the cusp of breaking out. Volume is generally low though.

With the method, volume is meant to come on, and following the breakout day. So low volume before the breakout isn't necessarily a bad thing, as at that point it's the weekly setup, relative performance and potential resistance that matters most. But once breakouts occur we want to see very strong volume in all stocks in that specific subsector that the stock is in. The Canadian cannabis stocks are the best example I've seen of this recently that Shaun highlighted.