On Thursday, May 2:
Of 4,136 stocks and exchange-traded funds in this week's analytical universe, 110 that are traded on the major American stock exchanges broke beyond their 20-day price channels, 85 to the upside and 25 to the downside.
In addition, 12 that are traded over the counter broke out, nine to the upside and three to the downside.
The symbols I'm analyzing are among those that have drawn at the least minimal attention from analysts. They range from penny stocks to blue chips with liquidity running from barely existing to the maximum.
Seven of the major-exchange symbols survived my initial screening, six having broken out to the upside. They are BRP, CAMP, CP, IPCM, TNC and XBKS. One broke out to the downside: CVTI.
Three over-the-counter symbols survived initial screening. One of them broke out to the upside: MTNOY. Two broke out to the downside: AONEQ and SAPX.
I'll do further analysis on the survivors that confirm their signals by trading beyond their breakout levels on Friday, May 3.
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