It’s already been a busy 2019 as we have had 3 breakouts, each from several of my watch lists. There has also been 1 short, which triggered yesterday, from the two stocks which I had on the ShortSetUps WatchList. Below is an update on all 4 of these stocks which have been our only actionable trades so far this week. SEE ALL MY CURRENT WATCH LISTS HERE: James’ Stock WatchLists On Monday, we had two breakouts confirm a BUY signal as both DORM and FIVN traded above their posted TRIGGER PRICE while also making their TRIGGER VOLUME. Shares of DORM quickly started trading higher on Monday’s open, with a sharp increase in volume. This bullish action triggered a BUY signal as price rose above the posted TRIGGER PRICE of $91.42 mid-morning. Unfortunately, the stock did pull back and close the breakout day back below the TRIGGER PRICE. Of course, this is never a good sign. So, strike 1 for the breakout. Wednesday action did not add any reassurance as shares closed down another -1% with volume up +85%. The stock closed just under its 1st SUPPORT. Any further declines would be tough to tolerate. Chart courtesy of stockcharts.com FIVN is from the TrendLine SetUps WatchList and it broke out Monday morning with gap open – backed with a +113% increase in volume. The stock made some decent follow-through gains yesterday, with continued volume conviction, and a close at the session highs (+2.3%). Looks poised to move higher as soon as tomorrow morning. Chart courtesy of stockcharts.com From the Technical SetUps WatchList we had CIEN also break out on Monday. Volume was not as much as we normally like to see being only +15%, however, lower volume breakouts can still work out in an up-trending market. Chart courtesy of stockcharts.com Yesterday, we had one of the two stocks which were on the ShortSetUps WatchList trigger a SHORT by default as shares of ANTM headed lower. Volume on the session showed a +78% increase above normal levels. However, the fact that shares closed well off of the session lows, is a concern, especially considering the present bullish environment. Further upward trading tomorrow would be a concern, any gains above the 200-day moving average ($253.10) would be an appropriate place to cover with a manageable -3%~ loss. Chart courtesy of stockcharts.com SEE ALL MY CURRENT WATCH LISTS HERE: James’ Stock WatchLists Regardless of market conditions, I am always preparing a watch list of high-ranked leaders which are building bullish technical bases. This morning, I ran my routine stock screens, yet did not find any new stocks to add to our watch lists. We have a total of 9 stocks which we will be watching for a potential breakout. SEE ALL MY CURRENT WATCH LISTS HERE: James’ Stock WatchLists Missed any of these morning reports? You can find all previous reports here. As always, if anyone has any questions – please feel free to email me at james@jamestaulman.com as I would be glad to assist you.