PERFORMANCE STUDY: All BreakOuts – September 2016

Below Are All of the Technical BreakOuts That We Had for September.

These Stocks Were First Featured in Our –
Stock WatchList: Morning Update

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Early each market morning we diligently screen through thousands of high EPS and RS ranked stocks that have solid fundamentals.

We are looking for those select few which are setting up in bullish technical bases and which looked poised to breakout that day.

Stocks are assigned their own specific trading criteria such as a TRIGGER PRICE and MAX BUY PRICE, each listed in our – Stock WatchList: Morning Update which is emailed to subscribers before the market opens.

If a stock from that list breaks out above its TRIGGER PRICE with above average volume, it is triggering a BUY signal up to the MAX BUY PRICE.

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9 BreakOuts From The Stock WatchList: Morning Update – September 2016

From the Technical SetUps WatchList, which is included in the Stock WatchList Morning Update, there were nine breakouts for the month of September.

The criteria for selecting stocks for this list is not as strict as the High Ranked Leaders Watch List. However, these stocks are still highly ranked yet may not have the strongest fundamentals (longs). The stocks featured there are more technically based and the list also includes stocks to sell short.

Here are the nine breakouts we had from the Technical SetUps WatchList for the month of September and how they have performed.

 

#1 Rambus Inc. (RMBS – Nasdaq)

BreakOut Alert!: Sept. 1st        P/L: -12.40%

Rambus Inc. manufactures and sells semiconductor and IP products, spanning memory, and interfaces to security, smart sensors, and lighting industries in South Korea and internationally.

rmbs093016

Chart courtesy of stockcharts.com – Click chart to enlarge.

#2 Teleflex Incorporated (TFX – NYSE)

BreakOut Alert!: Sept. 6th        P/L: -9.52%

Teleflex Incorporated designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications worldwide.

tfx093016

Chart courtesy of stockcharts.com – Click chart to enlarge.

#3 Dolby Laboratories, Inc. (DLB – NYSE)

BreakOut Alert!: Sept. 15th        P/L: +7.17%

Dolby Laboratories, Inc. creates audio, imaging, and voice technologies that transform entertainment and communications at the cinema, at home, at work, and on mobile devices.

dlb093016

Chart courtesy of stockcharts.com – Click chart to enlarge.

#4 Tyler Technologies, Inc. (TYL – NYSE)

BreakOut Alert!: Sept. 15th        P/L: -0.16%

Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector with a focus on local governments in the United States and internationally.

tyl093016

Chart courtesy of stockcharts.com – Click chart to enlarge.

 

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#5 ABIOMED, Inc. (ABMD – Nasdaq)

BreakOut Alert!: Sept. 19th        P/L: +2.84%

ABIOMED, Inc. engages in the research, development, and sale of medical devices to assist or replace the pumping function of the failing heart.

abmd093016

 

Chart courtesy of stockcharts.com – Click chart to enlarge.

#6 Hewlett Packard Enterprise Company (HPE – NYSE)

BreakOut Alert!: Sept. 19th        P/L: +1.47%

Hewlett Packard Enterprise Company provides technology solutions to business and public sector enterprises.

hpe093016

Chart courtesy of stockcharts.com – Click chart to enlarge.

#7 Dorman Products, Inc. (DORM – Nasdaq)

BreakOut Alert!: Sept. 20th        P/L: -1.93%

Dorman Products, Inc. supplies automotive replacement parts, automotive hardware, brake products, and household hardware to the automotive aftermarket and mass merchandise markets in the United States, Europe, Mexico, the Middle East, Asia, and Canada.

dorm093016

 

Chart courtesy of stockcharts.com – Click chart to enlarge.

#8 Edwards Lifesciences Corp. (EW – NYSE)

BreakOut Alert!: Sept. 21st        P/L: +1.29%

Edwards Lifesciences Corporation provides products and technologies to treat structural heart disease and critically ill patients worldwide.

ew093016

Chart courtesy of stockcharts.com – Click chart to enlarge.

#9 Masimo Corporation (MASI – Nasdaq)

BreakOut Alert!: Sept. 22nd        P/L: -1.30%

Masimo Corporation, a medical technology company, develops, manufactures, and markets noninvasive monitoring technologies worldwide.

masi093016

 

Chart courtesy of stockcharts.com – Click chart to enlarge.

 

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Richard-James For more than 8 years James had served as Editor-in-Chief an independently licensed website that offered stock reports and services based on the CAN SLIM® investment system.

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