AIZ, broke out on 3/25, as it cleared the pivot high of 182.02. I have been talking about this name for a few weeks as it has been on Focus List consistently. Notice how it took a day or two to really clear the base it had put in. This is why being patient is so important, AIZ came out with a whimper but never did anything abnormal and by Wednesday it cleared the base and for the week it closed up +4.76%.

IOT, last week put in a pivot as it pulled back to the base it broke out from. It staged a pullback buy on 3/15 that triggered on 3/18. It took a few days before it started to move out of that pivot area and is now working on another potential pivot on the right side of the chart. I drew in a hypothetical so I would watch this here to see if we get another pivot that would complete the look of the chart. MonALert looks constructive. Another example of a name that broke out but took a few days to get going.

BPMC, formed a cheat with the pivot being 91.81. We bought the name as it broke out on 3/26 getting filled at 91.97. It ended up squatting on the day triggering a Reversal Alert on MonAlert but, the very next day we saw some follow through with confirmations, Daily Pressure Off being a potential change in character Which I highlight. Another name that did not follow through with the breakout of the pivot, seeing a theme here. Also watch to see if we get a handle if this rallies to the old high of 101.00 we could see some short term profits taken there.

MHO, formed a low cheat Pivot with contracting volume as it got really tight before it broke out on Thursday 3/28, It did close off the highs of the day which was 139.25. It looks like there were some potential short-term profits taken as it traded near the old high. Overall though a decent breakout with above average volume. Another name that could form a handle here on the right side of the chart.

FOR formed a short base up near the highs of 38.73 which was the high post earnings announcement on 1/23 which it reversed from. So, it has a slight look to a cup using that high, it is a little creative, but it has the look we get 2 nice contractions with the last one being very tight at roughly 2.5% and as the pivot is being complete, we get a contraction in volume just before the breakout which is telling us supply is getting very low. On Wednesday 3/27 we got the breakout with multiple confirmations, RS New High +163 volume increase up 6.31% and 2 weekly higher highs and we saw some follow through on 3/28 as well.