Property and casualty insurer Universal Insurance Holdings (UVE) is near a 27.49 buy point after a powerful breakout on Friday. The stock jumped past the cup-with-handle entry in more than double its average daily volume. The base was well constructed, and it corrected just 16% over 10 weeks. It showed solid accumulation, a volume dry-up in the handle and three tight weekly closes along the lows — all positive traits.