Ticker Tape Digest

Wednesday - July 13, 2022  

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.

   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.

Wednesday - July 13, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakout Stocks - 1

Quality of Breakouts - Average.

Stocks Screened -  6,500

Bull side - Just one breakout for the day.

Stock market - Major averages decline as stock market resumes its down trend.

Comment - Bulls be patient and conservative. One needs to be watchful now of upcoming earnings reports.

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)

Ticker Tape Digest's

Timely Breakout Stocks From Tape Action

(The “breakout List” gives all stocks breaking out of a base of five weeks or more. These stocks have a good chance to trend higher. However, a stop should be used to avoid those that do not work.

They are ranked according to percentage change and classified as leaders or other.

(Trading strategy: One should buy breakout stocks near breakpoint by using market order or stop buy.  They can also be bought soon after a follow through move, sometimes on an intraday pullback.

Wednesday Breakouts

TTD's Featured Breakout Stock

Artesian Resources Co. (ARTNA) - 50.73, up 0.39, Breakpoint 50.72

Net to Rise 6%This Year, TTD Targets 57

  ARTNA, based in Newark, De., is a holding company providing water services in Delaware, Maryland, and Pennsylvania. Annual revenues: $90.8 million. ARTNA edges higher Wednesday and just edges out of its 5-month flat base.   

  So far today, ARTNA is trading 55,472 shares. Its average daily volume is 38,500 shares.

  ARTNA is a conservative breakout. TTD sees chances for a push higher.

  ARTNA's stock moved higher in the morning and cleared is breakpoint

  The stock reached an intraday high of $51.37 in the morning.

  The stock pulled back slightly in the afternoon, but just managed to hold above its breakpoint.

  Tape Action

 ARTNA's tape action shows the recent block trades.

 One can see the price for the blocks rising from $50 in the morning to as high as $51.30 in the afternoon..

 A key bullish trade came in the morning when a block of 680 shares crossed the tape at $51.02.

That was up from the prior block at $50 on 300 shares.

 Near the close a block of 3,325 shares crossed at $50.78.

That was down from the prior block at $50.80 on 822 shares.  

  Business 

 ARTNA through its subsidiaries offers water and  wastewater, services in Delaware, Maryland, and Pennsylvania.

The Company distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal, and utility customers in Delaware, Maryland, and Pennsylvania.

The Company provides wastewater services to customers in Delaware. In addition, it provides contract water and wastewater operations.

ARTNA operates through its subsidiaries which includes Artesian Water Company, Inc., Artesian Water Pennsylvania, Inc., Artesian Water Maryland, Inc. and Artesian Wastewater Management, Inc.

Charts

 ARTNA's 12-month performance chart shows the stock up 35% versus a loss of 11% for the stock market.

 Insider were buyers at $19.01. They were sellers at $46 to $47 a share.

 ARTNA's long-term chart shows the stock rising from $29.83 back in 2017 to a peak at $43.22 late in  2017.

 The stock then trended mostly sideways until late 2021. Then the stock rose to $50.78.

 ARTNA's daily chart shows the stock in a trading range for the past four months

  The stock now edges out of the base with a modest pick up in volume.

  ARTNA's CCI  momentum indicator is slightly bullish.

  Earnings Outlook

   This year, the Street  projects a 6% rise in net to $1.90 a share from the $1.79 the prior year.

 For 2023, analysts project a 15% increase in net to $2.18 a share from the anticipated $1.90 this year.

 For the second quarter, analysts predict a 4% rise in profits to 50 cents a share from 48 cents the year before. 

 Then in the third quarter net should rise 4% to 56 cents a share from the 54 cents the year before.

Strategy Opinion: TTD is targeting ARTNA for a move to $57 within the next few months.

 A protective stop can be placed near $49.

Intermediate-Term Rating: Average.

Suitability:   Conservative Bulls.

TTD's special research of Stocks Prior Performance: