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 13 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 04/11/2005

Trades of date 03/11/2005

Trades of date 02/11/2005

Trades of date 01/11/2005

Trades of date 31/10/2005

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 :
KSW, Inc. is engaged in furnishing and installing heating, ventilating and air conditioning (HVAC) systems and processes piping systems for institutional, industrial, commercial, high-rise residential and public works projects, primarily in the State of New York. The Company also serves as a mechanical trade manager, performing project management services relating to the mechanical trades and as a constructability consultant. KSW conducts operations through its wholly owned subsidiary, KSW Mechanical Services, Inc. (KSW Mechanical). At December 31, 2004, work under contracts with Bovis Lend Lease Inc., Newmark Construction Services, LLC and related entities, and Glenwood Management Corporation, constituted 32%, 23% and 16% of the Company's total revenues, respectively.

Financial :
KSWW furnishes and installs heating, ventilating and air conditioning systems and process piping systems for institutional, commercial, residential, and public works projects. For the 6 months ended 6/30/05, revenues rose 67% to $21.4M. Net income totaled $453K, vs. a loss of $695K. Revenues reflect the increased backlog of work as of 12/31/04 and projects obtained during 2005. Net income also reflects improved operating margins.