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Daily - Go to TTD's Chart scroller of Breakout Stocks - Tuesday - July 12, 2022 |
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(WMV video player download for Google) https://videoconverter.iskysoft.com/play-video/wmv-player-for-chrome.html Go to Video Show - "How to Make Money With Breakout Stocks |
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By Leo Fasciocco -- TTD
Ticker Tape Digest presents its daily stock market report containing stocks to go long as Breakout Trades, Quick Trades, or Bargain Accumulation Trades.
We also feature stocks under Significant Accumulation that are poised to breakout.
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Ticker Tape Digest's Daily schedule guide for TTD subscribers 1. Pre-market - check Breakout Watch List and Quick Trades. 2. Morning - (11:30 - 12 A.M.) - check breakout stocks tape and breakout chart slide show. 3. Midday (1 P.M.) check TTD Midsession Report and see market video show. 4. After close (4 P.M.) check final TTD Report for day. Trading Strategies Bullish Aggressive Investors Bullish - "Breakout Stocks" - ideally suited for bull markets and special situation stocks. Potential for large returns. (See Performance) Aggressive Investor Bullish- "Quick Trade Stocks" -ideally suited for entry into top performing issues looking for a small quick profit." (See Performance) Conservative Investors "Bargain Buy Trades for the Long Term." Ideally suited for entry into top performing big cap stocks on pullbacks within overall up trend.(See Performance) Bearish Aggressive Bearish Investors - "Breakdown Stocks" to Sell Short. Ideally suited for bear markets or market pull backs. Potential for large returns (See Performance) |
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The TTD report also contains stocks to short as breakdown plays and as bargain (swing trade) shorts.
Investors should tend to try to go with a strategy that fits with the stock market's trend, unless there is a special situation play.
TTD's Breakout Stocks - Long are
most suitable for aggressive investors seeking ideal entry points into leading stocks, especially during bull markets. They can do extremely well in bull markets with gains of as much as several hundred percent. 
These stocks can also do extremely well during strong market rallies, or if they are in a industry group that is performing very well. They tend to have strong earnings outlooks and are near new-52 week, or all-time highs.
TTD Swing - Quick Trade Stocks - Long These are leading issues that have pulled back in recent days, but could move higher soon. They are most suitable for Aggressive Investors willing to trade short term. These stocks will do extremely well during market advances. They have about 74% win rate. During market rally sequences the win rate is even higher. The return is small 3% to 8% in just a few days.
TTD also presents Stocks To Sell or Sell Short. These issues are suitable for aggressive investors willing to take short positions both as trades or for longer-term plays. These stocks will do very well during bear markets or market pull backs.
TTD's Bearish breakdown stocks to sell short. These issues have potential to fall sharply. They often show a technical breakdown and also some fundamental business problem such as weak earnings.
TTD's multi-media updates include a slide-show that presents charts and analysis at midsession. Some times TTD presents feature analysis on stocks and the market. TTD uses Windows Media Files. (WMV).
TTD also presents a "Breakout Watch List" that is up dated daily. This list consists of key stocks in position to breakout. A close watch of this list can put you in the stock just as it breaks out. A good idea is to study the list and be ready to move into a stock quickly as it hits its breakpoint.
TTD often suggests using stop buy orders to enter. It is very important to buy a breakout stock as close as possible to the breakpoint. The idea is to get "elbow room" if the stock should follow through to the upside. This is very important in being successful in making big money with breakout stocks.
It is also essential to have a stop loss strategy for all stocks in which positions are taken. Not every stock will work as expected. It is important for investors to "police" their portfolios and avoid getting trapped in any bad positions.
Quality rating of breakout Two key factors: 1 - Stock near all-time high in price or near a 52-week high. 2 - earnings growth current year is strong. The ideal play is a stock with an Above Average Quality Rating. The stock is near a new high and will have strong earnings. TTD's other ratings are Average and Below Average.
TTD also has special feature sections on Educational Tips on Investing.
To email Mr. Leo Fasciocco leo@tickertapedigest.com.
For service, email Beverly Owen owen@tickertapedigest.com. TTD’s Tel: 1-480-878-8381 or 480-704-3331.
Tuesday - July 12, 2021
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakout Stocks - 1
Quality of Breakouts - Average.
Stocks Screened - 6,500
Bull side - Stock market falls sharply and resumes down trend. Only one breakout.
Stock market - Major averages bearish in all time zones.
Comment - Bulls be conservative and watchful. Stock market still needs to form a bottom and rally significantly. Key now will be earnings reports that will be reported soon.
See Latest Earnings Reports - A company that tops the Street's highest earnings estimate has potential to go higher. Today's key earnings beats with a stock on the move higher: None.
Stock Market Momentum
(Daily is based on a moving average)
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Market (Daily) |
Market (Weekly) |
Market (Monthly) |
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Dow - Bearish |
Dow - Bearish |
Dow - Bearish |
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Nasdaq - Bearish |
Nasdaq - Bearish |
Nasdaq - Bearish |
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S&P 500 - Bearish |
S&P 500 - Bearish |
S&P 500 - Bearish |
Ticker Tape Digest's 
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TTD's Quality Rating of Stock - SWIR - Below Average |
SWIR, based in Richmond, B.C., moves higher Tuesday and breaks out from its 7-week, cup-and-handle base. 
So far today, SWIR is trading a heavy 1.4 million shares. Its average daily volume is 913,000 shares.
The move is impressive given the sharp decline in the stock market.
TTD sees potential for more on the upside.
SWIR provides solutions for the Internet of Things comprised of its recurring connectivity services, cloud platform, gateways and embedded cellular modules. Annual revenues:are $473 million.
SWIR's stock moved higher in the morning.
The stock cleared its breakpoint in the afternoon. That was good action considering the stock market was declining during that time of the day.
The stock finished near its high for the day.
In after-hours trading, SWIR was up 34 cents a share.
Tape Action
SWIR's tape action shows the recent block trades.
One can see the price for the blocks rising from $23.74 in the morning to as high as $25.44 late in the day..
A key bullish trade came in the morning when a block of 3,504 shares crossed the tape at $23.92.
That was up from the prior block at $23.90 on 5,357 shares.
Near the close a block of 44,959 shares crossed at $25.44.
That was up from the prior block at $25.39 on 3,900 shares.
Business
SWIR provides solutions for the Internet comprised of its recurring connectivity services, cloud platform, gateways and embedded cellular modules.
The company operates through two segments: Solutions and Enterprise Solutions.
The IoT Solutions segment includes its cellular wireless IoT module solutions, IoT connectivity services, embedded broadband solutions, and Octave edge-to-cloud solution.
The Enterprise Solutions includes its range of Sierra Wireless AirLink routers, IoT gateways, IoT applications and advanced network management and mobility applications.
Charts
SWIR's 12-month performance chart shows the stock up 40% versus a loss of 11% for the stock market.
Insider activity was not available.
SWIR's long-term chart shows the stock rising from $13 back in 2016 to a peak at $31.95 by 2017.
However, the stock fell back to $4.31 in early 2020 when the stock market fell.
SWIR, however, surged back to $22 by early 2021. The stock has since worked to $24. 
SWIR's daily chart shows the stock rising from $15 in April to a peak near $25 by June.
he stock pulled back and formed a cup-and-handle base.
The breakout clears the base with an expansion in volume.
SWIR's CCI momentum indicator is bullish.
The company will be reporting earnings later this month.
Earnings Outlook
This year, the Street projects a profit of 86 cents a share compared with a loss of 82 cents the prior year.
For 2023, analysts project a 28% increase in net to $1.10 a share from the anticipated 86 cents this year.
For the fiscal second quarter, analysts predict a profit of 21 cents a share versus a loss of 3 cents the year before.
The highest estimate on the Street is at 24 cents a share.
The company beat the Street estimate the past four quarters by 20 cents a share, 15 cents, 17 cents and 12 cents.
Then in the third quarter net should rise to 20 cents a share versus a loss of 56 cents the year before.
Strategy Opinion: TTD is targeting SWIR for a move to $31 after a breakout.
A protective stop can be placed near $23.50 after a breakout.
Intermediate-Term Rating: Average.
Suitability: Average Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
SWIR scored some big gains off recent breakouts. |
Response to Net |
Bearish |
SWIR rose 7 times after 15 earnings reports. |
Seasonal Success |
Bullish |
SWIR avg gain 11.6% in July, loss 3.6% in Aug. |
Earnings Beats |
Bullish |
SWIR beat net estimates 14 times after 20 reports. |
Stock's Prior Performance After a Breakout
Stock's % Change from Breakout to peak - prior to cut below 50-day M/A. |
Date of Breakout |
Break point Price |
Stocks Price Peak after Breakout - prior to cut below 50-day M/A |
Date Trade Closed |
28% |
5/13/2020 | 20 | 25.53 | Still in play |
39% |
1/7/2021 | 16.04 | 22.22 | 1/22/2021 |
84% |
11/25/2020 | 12.08 | 22.22 | 1/22/2021 |
(In actual trading, entry and exit points could vary depending on broker execution.
Also, ideal are breakouts to a new 52-week high or better, perhaps all-time highs. Sell point can be a cut below the 50-day M/A.)
TTD's Feature Breakout Stock
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Long- Term Chart
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Stock's Price Performance after Reporting Earnings
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12 - month Performance Chart vs. S&P 500
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Feature Stock Under Accumulation
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TTD's Quality Rating of Stock - CHEF - Average |
CHEF, based in Ridgefield, Ct., sells specialty foods in the U.S. and Canada such as pastry, cheese and dairy products. Annual revenues: $1.7 billion. CHEF's stock moves slightly higher Tuesday. It is in position to break out from its 11-week, flat base. 
CHEF is trading 673,711 shares. Its average daily volume is 585,000 shares.
TTD suggests accumulation in anticipation of a breakout.
CHEF had a breakout a few sessions ago, but then fell back into the base.
CHEF's stock short higher in the morning and reached an intraday peak at $40.36.
The stock then fell back during the rest of the day as the stock market declined.
In after hours trading CHEF was down 14 cents a share.
Tape Action
CHEF's tape action shows the recent block trades.
One can see the prices for the blocks rising from $38.55 in prior session to as high as $40.28 later in the morning.
A key bullish trade came in the morning when a block of 2,324 shares crossed the tape at $38.99
That was up from the prior block at $38.55 on 4,302 shares..
Near the close a big block of 34,129 shares crossed at $38.69.
That was up from the prior trade at $38.66 on 100 shares.
Business
CHEF is a distributor of specialty foods in the U.S. and Canada.
The company sells pastry, cheese and Charcuterie, dairy and eggs, oils and vinegars and kitchen supplies.
CHEF operates through the foodservice distribution segment, which is concentrated in the U.S.
The Company's customer base consists primarily of menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, cruise lines and casinos.
Charts
CHEF's 12-month performance chart shows the stock up 28% versus an 11% loss for the stock market.
Insider have not done any recent buying.
They were sellers at $35.32 to $40 a share. .
CHEF's long-term chart shows the stock climbing from $12 back in 2017 to a peak at $42 by 2019.
The stock fell back to $3.55 in 2020 when the stock slumped. However, CHEF has since rallied to the $40 area. .
CHEF's daily chart shows the stock climbing from $27.50 in March to a peak at $39 by May.
The stock broke out in late June.
It has since has now slipped below its breakpoint.
CHEF is still in position to reemerge from its basing pattern and to get over the TTD breakpoint zone that is show on the chart.
The CCI momentum indicator has backed off.
Earnings Outlook
This year, analysts project a profit of $1.22 a share compared with a loss of 5 cents a share the prior year.
Going out to 2023, the Street predicts a 21% rise in net to $1.47 a share from the anticipated $1.22 this year.
Quarterly earnings will be strong.
Net for the second quarter should jump 775% to 36 cents a share from the four cents the year before.
The company beat the Street estimate the past four quarters by 7 cents a share, 8 cents, 11 cents and 39 cents.
For the third quarter, the Street predicts a 150% leap in net to $30 cents a share from the 12 cents the year before.
Strategy Opinion: TTD suggests accumulation of CHEF. The key will be for CHEF to breakout from its breakpoint zone with a top at $42.28.
TTD is targeting CHEF for a move to $49 within the next few months after a breakout. , or sooner.
A protective stop can be placed near $37.
Intermediate-Term Rating: Average.
Suitability: Aggressive Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
CHEF scored big gains off recent breakouts. |
Response to Net |
Bullish |
CHEF rose 10 times after 15 earnings reports. |
Seasonal Success |
Bullish |
CHEF avg. loss 5.2% in July, gain 12% in July. |
Earnings Beats |
Neutral |
CHEF beat net estimates 10 time after 20 reports. |
Stock's Prior Performance After a Breakout
Stock's % Change from Breakout to peak - prior to cut below 50-day M/A. |
Date of Breakout |
Break point Price |
Stocks Price Peak after Breakout - prior to cut below 50-day M/A |
Date Trade Closed |
68% |
11/23/2020 | 20.70 | 34.74 | 4/19/2021 |
75% |
2/19/2018 | 21.86 | 38.31 | 10/1/2018 |
(In actual trading, entry and exit points could vary depending on broker execution.
Also, ideal are breakouts to a new 52-week high or better, perhaps all-time highs. Sell point can be a cut below the 50-day M/A.)
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Stock's Long-term Chart
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Stock's Price Performance after Reporting Earnings
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Stock Performance Chart with Earnings Markers vs. S&P 500 Insider Buying in Green - Insider Selling in Red
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TTD's Key Stocks Under Accumulation
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Consol Energy (CEIX) - 51.49 Set a Stop Buy at 59.60 to Catch the Breakout Net to Jump 170% This Year
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StoneX Group Inc. (SNEX) - 78.85 Set a Stop Buy at 80.70 to Catch the Breakout Net to Rise 29% for Fiscal 2022 (Sept.)
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Ticker Tape Digest’s
Ticker Tape Digest’s Daily List of “Stocks To Sell or Sell Short” ranks stocks well timed to be sold immediately based on daily trading. The list can be used as an alert to reduce current long-term positions.
Shorts from tape action - 8
Stocks Screened - 6,500
Long-Term Environment for Bears: Favorable.
Bear Side - Large list of shorts with some interesting plays for aggressive bears.
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TTD's Quality Rating of Stock - FREE - Below Average |
FREE, based in Chicago, sells a variety of food products including flavor enhancement products. Annual revenues: $494 million. FREE's stock fell sharply Tuesday and undercut key technical support. 
So far today, FREE is trading 132,829 shares. Its average daily volume is 188,000 shares.
TTD sees more on the downside even though the stock is low priced.
FREE's stock fell in the morning and undercut key technical support.
The stock declined steadily the rest of the day.
It closed near its low for the session of $5.64.
Tape Action
FREE's tape action shows the recent block trades.
One can see the price for the blocks falling from $5.86 in the prior session to as low as $5.65..
A key bearish trade came in the morning when a block of 500 shares crossed the tape at $5.83.
That was down from the prior block at $5,86 on 12,963 shares in the prior session.
Near the close a block of 12,557 shares crossed at $5.65.
That was up from the prior block at $5.64 on 3,000 shares in the sequence.
Business
FREE has a global platform of branded products and ingredients, focused on the consumer transition towards natural alternatives and clean label products.
The company operates through two segments: Branded CPG, and Flavors and Ingredients.
Its global flagship brands include Whole Earth, Pure Via, Wholesome, Swerve, Canderel, Equal and existing branded adjacencies.
Charts
FREE's daily chart shows the stock declining from $9 in March down to $6 by May.
The stock tried to form a bottom and rally.
However, it rolled over, trended lower and now cuts below support.
The CCI momentum indicator is bearish.
Earnings:
This year analysts predict a 3% rise in earnings to 62 cents a share from 60 cents the prior year.
Net for the second quarter should decline 14% to 12 cents a share from the 14 cents the year before.
For the third quarter, net should be flat at 17 cents a share.
Going out to 2023, analysts predict a 31% jump in net to 82 cents a share from the anticipated 62 cents this year.
Strategy Opinion: TTD is targeting FREE for a decline to $4.30 within the next few months or sooner.
A protective stop buy can be placed near $6.05.
Suitability: Aggressive Bears.
TTD's Stock Probability research of Prior Performance:
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Response to Net |
Bearish |
FREE rose 1 time after 6 earnings reports. |
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Seasonal Success |
Bearish |
FREE avg. loss 8.4% in July, gain 4.6% in Aug.. |
Stock's Performance Chart with Quarterly Earnings Markers vs. S&P 500
Insider Buying in Green - Insider Selling in Red
Guide: Symbol=Ticker, Name=Corporate name, Entry is the buy price to enter on the breakout, Last=prior close, Change=change from last close to prior, Date=date of price of close etc, Gain in blue is price above breakpoint (entry), Gain in red is price below breakpoint (entry)., % Gain in blue is % over breakpoint (entry), Gain in red is % below breakpoint (entry)
Copyright --- Ticker Tape Digest - 2022
TTD columnist Leo Fasciocco has covered the stock market for over 30 years. His articles appear in many publications. He has also been a speaker at the Money Show conferences. He has been on television and radio. He is author of many educational articles about stock investing and the book “Guide To High-Performance Investing.”
For information to subscribe to the Ticker Tape Digest Services call: Beverly Owen at 1-480-704-3331 or 480-878-8381
Distributed by Corona Publishing Enterprises. Ticker Tape Digest Inc. 1220 W. Sherri, Gilbert, Az. 85233.
TTD “Professional Report” is available on the Web: $100 per month. Password needed. Published daily - around 20 times a month.
TTD Pro Report includes a Morning chart slide show of breakout stocks, a Midsession video-audio show with commentary on breakout stocks and shorts and a Final end of day overall report on breakout stocks for the session, short plays and accumulation plays. There are other features too such as Quick Trades and Long-term Plays.
TTD Daily Report is $39. It covers a Morning slide show of charts of stocks breaking out and a TTD end of day print report covering breakout stocks and shorts.
Credit cards accepted. Payable to Corona Publishing Enterprises.
(The information contained has been prepared from data deemed reliable but there is no guarantee of complete accuracy. Ticker Tape Digest Inc. is not affiliated with any broker, dealer or investment advisor. Nothing in this publication constitutes an offer, recommendation or solicitation to buy or sell any securities. Further research is advised. This report is copyrighted and no redistribution is permitted with out permission.)
