Click on the image below for a larger image.<\/p>\n
One other important thing to point out are the DI Scores, <\/strong>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. Here’s a detailed look at all the Breakout Tracker data.<\/strong><\/p>\n At the top of the list this time around is ShoreTel (SHOR) a highly rated VOIP provider that recently IPO’d. The stock just broke out of its first base since going public and based on my analysis of past highly rated IPO’s that break out, the odds are definitely in favor of more upside from here. Note in the chart of SHOR below that the stock did take out support of the pivot point with heavy volume on Friday. It was able to recoup all of those gains yesterday, but not with good volume. I’d give this one a few days to sort itself out and see if the high volume drop on Friday was just an aberration. <\/p>\n Next on the top breakouts list is Trina Solar (TSL).<\/strong> Keep in mind that while the stock triggered a breakout in my system yesterday, it could still continue forming a handle considering this consolidation has just been a few days. If it can’t clear yesterday’s highs and hold there, I will probably reset the pivot point on this one.<\/p>\n Not surprising, Google (GOOG)<\/strong> is right up there as well after having busted out of a cup with NO handle base. I really thought it would digest gains a bit more and retest the area around 550 before moving higher, but based on yesterday’s move, it may not do any "resting" for some time! I continue to hold my long term position in Google and looking to add shares on a decent pullback.<\/p>\n Stocks that have yet to breakout on the list include two highly rated Chinese companies – American Oriental Bioeng (AOB)<\/strong>, the Chinese provider of plant based pharmaceuticals and Suntech Power Holdings (STP)<\/strong>. Considering the overall momentum in Chinese stocks, it may be just a matter of time before these highly rated companies bust out of their bases. 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 … Continue reading Breakout Stocks Review: Top Pick IPO Shoretel (SHOR)<\/span> ![](\"http:\/\/selfinvestors.com\/tradingstocks\/uploads\/Image\/100107_breakouts.gif\")
<\/a><\/p>\n<\/p>\n
\n
\n:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::<\/strong>
\n
\n<\/strong>Keep tabs on all of the highest rated breakout stocks with the Breakout Tracker by signing up for SelfInvestors Gold Membership<\/a><\/strong> today! You’ll also receive the IPO Tracker, the ETF Tracker and Model Portfolio buy\/sell alerts.<\/font><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"