It’s time to return to the bi-monthly reviews of the SelfInvestors.com Breakout Tracker. The Breakout Tracker has been the cornerstone of the premium service since day 1 and is a database comprised of the best companies in the world that are near a breakout or have broken out of a base (ie. cup with handle, flat, base on base, ascending, etc). All stocks are analyzed and ranked by me before they ever make it to the database, guaranteeing only a database of the best. The Breakout Tracker combines the power of the human element of stock research with the updating, sorting and filtering capabilities of a dynamic database, alerting members to buying opportunities in the highest quality stocks with very little research.
The following list is a screenshot of the Breakout Watch filter which spits out a list of the highest ranked stocks that are near a breakout or within 5% of the pivot (or breakout) point. Note: Fundamental Rank (F Rank) and Technical Rank (T Rank) are ranked from 0 – 30, 30 being the best.
Click on the image below for a larger image.
One other important thing to point out are the DI Scores, which are proprietary indicators of SelfInvestors that basically measure the demand in a stock using price and volume data over 20 and 40 days. The higher the score, the greater the demand.
Please keep in mind that while there are some great looking opportunities in this list, the current market environment makes initiating positions more risky, so scaling into positions with small initial buys or avoiding positions altogether is probably the best course of action. Of course, ALWAYS do your own research.. but you knew that 🙂 With the disclaimers out of the way, I’d like to highlight one breakout stock in particular – Simulations Plus (SLP). The thin trading volume, lack of institutional ownership and the fact that the company did just over 6 million in sales in ’06 may cause concern for some but this also indicates it’s off the radar and could continue to provide explosive gains if the company can continue the growth it has posted over the past year and a half. Technically, the base looks outstanding with a beauty of a breakout from a cup with handle base today.
Disclaimer: I currently own a small position in SLP.