FREE DAY TRADING SYSTEMS RESEARCH

Channel Breakout : (Trading System 2)

We look for stock that break an old channel.
We buy when the stock go quickly above resistance, we do not wait for a confirmation. We go long as soon
as the stock break its channel.

We will provide a realtime alerts for this trading system.

Example of trade :

We have now 8 day of testing period.

Filters :
- Stock Price >1$
- Stock with a little spread
- Average $ Daily Volume > 10 000 000$
- Volatile Stock

Here is the performance over the tested period

Here is the percentage winning trade over the tested period

Trades of date 28/10/2005

Trades of date 27/10/2005

Trades of date 26/10/2005

Trades of date 25/10/2005

Trades of date 24/10/2005

Click to see performance :

Last update of this trading system :
Channel breakout - Week 12
Channel breakout - Week 11
Channel breakout - Week 10
Channel breakout - Week 9
Channel breakout - Week 8
Channel breakout - Week 7
Channel breakout - Week 6
Channel breakout - Week 5
Channel breakout - Week 4
Channel breakout - Week 3
Channel breakout - Week 2

Buisness :
Solitron Devices, Inc. (Solitron) designs, develops, manufactures and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets. The Company manufactures a variety of bipolar and metal oxide semiconductor (MOS) power transistors, power and control hybrids, junction and power MOS field effect transistors (Power MOSFETS), field effect transistors and other related products. Its products are custom made pursuant to contracts with customers whose end products are sold to the United States government. Other products, such as Joint Army/Navy transistors, diodes and standard military drawings voltage regulators are sold as standard or catalog items. The Company's products are sold in the United States and abroad primarily through a network of manufacturers' representatives and distributors.

Financial :
BRIEF: Solitron Devices designs, develops, manufactures and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets. For the 3 months 5/31/05, net sales rose 9% to $2.1M. Net income totaled $292K, up from $5K. Revenues reflect a rise in level of scheduled orders that were shipped in accordance with customer requirements. Higher net income reflects lower selling, general & administrative expenses.