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home / news releases / CAN - Week 32 MDA Breakout Stocks - August 2021: Short-Term Picks To Give You An Edge


CAN - Week 32 MDA Breakout Stocks - August 2021: Short-Term Picks To Give You An Edge

  • Two new Breakout Stocks for Week 32 with better than 10% short-term upside potential. The ETF/ETN forecast section now goes out in a separate article.
  • Following the Momentum Gauges® the portfolio is up +49.8% YTD with a record 17 out 31 weeks this year in negative market conditions above the 40 MG level.
  • This past week 3 stocks had over 10% peak gains with GDYN +33.6%, POWI +10.5%, CODX +10.1% despite negative gauge signals.
  • The streak of weekly picks gaining over 10% in less than a week of trading days continues to 182 out of 220 trading weeks (82.7%) not counting multiple gainers.
  • The MDA breakout picks completed 2020 up +73.4% beating the S&P 500 for the fourth consecutive year with average annual minimal returns of +43.8%.

For further details see:

Week 32 MDA Breakout Stocks - August 2021: Short-Term Picks To Give You An Edge
Stock Information

Company Name: Canaan Inc.
Stock Symbol: CAN
Market: NASDAQ
Website: canaan-creative.com

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