The number of breakouts picked up dramatically to close out October with 44 stocks clearing pivots in the period. However, the success rate was below average (average success rate is somewhere in the neighborhood of 65%) with just over half (25) ending the period with a gain.

I’ve provided a screenshot of the first few top breakouts at the end of October.  As always, you may see a larger version of the screenshot of the database.

The biggest winner in the period was Wesco International (WCC), a large distributor of electrical parts, with a gain of 25% since breaking out on Oct. 17th.  It broke out to an all time high 3 days later with very heavy volume and is currently consolidating those gains.

While the number of stocks ending the period with a gain was less than average, no stock ended the period with a loss of 8% or more, which would indicated a failed breakout.  The 2 worst performing breakouts in the period belong to Oxford Industries (OXM), a clothing retailer and NDS Group (NNDS), a fast growing provider of solutions for the secure delivery of entertainment and info to television set top boxes and IP devices.  Each ended the period with a 5% loss, but both continue to look OK technically and remain above support of the 50 day moving average.

If you’d like to see the SelfInvestors.com Breakout Tracking database in action and get the full list of breakouts before they happen, you can try it out for free for 30 days with PayPal.  SelfInvestors.com free members may sign up by logging into there profile page or you may create a new account and sign up for the premium membership trial.