Weekly BO

Weekly breakout. Stocks breaking out low price range that might attract big money.

Criteria:
  1. 65DMA > 195DMA on SPY
  2. On Weekly Fundamentals screener
  3. Quarterly Industry performance  is > Quarterly SPY performance
  4. Float approximately 15M
  5. EPS growth over past 3 quarters
  6. Low YoY comparative earnings
  7. EPS catalyst (conference call transcripts)
  8. 13WMA > 39WMA
  9. Price > upper Donchian channel
  10. Volume > 13 week average
  11. Fair value 20% > entry price
Notes:
  • If the stock has gone up double digits, it’s still a buy
  • If makes triple digit profit, take some off the table