Daily - Go to TTD's Chart scroller of Breakout Stocks - Tuesday - July 19, 2022 |
(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.
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.
Monday - July 18, 2021
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakout Stocks - 1
Quality of Breakouts - Average.
Stocks Screened - 6,500
Bull side - Only one breakout.
Stock market - Major averages are bearish week and monthly and the S&P 500 daily. Daily Dow and Nasdaq holding bullish.
Comment - Stock market falls sharply Monday. Move sets back stock market rally try. Earnings now will be coming in... 260 this week and 900 next week. Key to look for earnings that top the highest estimate on the Street.
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: GS, SYF and GNTY.
Stock Market Momentum
(Daily is based on a moving average)
Market (Daily) |
Market (Weekly) |
Market (Monthly) |
Dow - Bullish |
Dow - Bearish |
Dow - Bearish |
Nasdaq - Bullish |
Nasdaq - Bearish |
Nasdaq - Bearish |
S&P 500 - Bearish |
S&P 500 - Bearish |
S&P 500 - Bearish |
TTD's Quality Rating of Stock - ENPH - Above Average |
ENPH, based in Fremont, Ca., is a supplier of microinverter-based solar and battery systems. Annual revenues: $1.4 billion. ENPH's stock moves sharply higher Monday and now is in position to breakout from its 15-week, cup-and-handle base.
So far today, ENPH is trading 3.5 million shares. Its average daily volume is 3 million shares.
TTD suggests accumulation in anticipation of a breakout.
ENPH's stock moved higher in the morning and reached an intraday high of $213.66 around noon.
The stock then backed off to around $206 and trended sideways the rest of the day.
In after-hours trading, ENPH was down 3 cents a share.
Tape Action
ENPH's tape action shows the recent block trades.
One can see the price for the blocks rising from $194.91 in the prior session to as high as $21.53 by midday.
A key bullish trade came in the morning when a block of 22,529 shares crossed the tape at $199.61.
That was up from the prior block at $104.91 on 5,961 shares.
Near the close a big block of 93,383 shares crossed at $206.43.
That was up from the prior block at $206 on 5,000 shares.
Business
ENPH is a supplier of microinverter-based solar and battery systems that can be controlled bysmart mobile application.
Its semiconductor-based microinverter converts energy at the individual solar module level and combined with its networking and software provides monitoring and control.
System owners can use Enphase Enlighten to monitor their home’s solar generation, energy storage and consumption from any Web-enabled device.
Charts
ENPH's 12-month performance chart shows the stock up 22% versus a loss of 11% for the stock market.
Insider were buyers at 70 cents a share to $1.31 a share using stock options.
They were sellers at $$193 to $198 a share That was a big gain for them
ENPH's long-term chart shows the stock climbing from $73 back in 2018 to a peak at $159 by 2021.
The stock then set up a base, broke out and climbed to $217 in April of this year.
ENPH's daily chart shows the stock rising from $125 in March to $217 by April
The stock pulled back and then rallied back to $217.
it has since formed a tight flat base.
Earnings will be coming soon.
The company beat the Street estimate 16 times on 19 reports.
That is bullish
ENPH's CCI momentum indicator is bullish.
Earnings Outlook
The company will be reporting second quarter net soon.
The Street predicts a 55% jump to 82 cents a share from 53 cents the year before.
The highest estimate is at 94 cents a share.
Then in the third quarter net should surge 50% to 90 cents a share from 60 cents the year before.
This year, the Street projects a 46% jump in net to $3.51 a share from the $2.41 the prior year.
For 2023, analysts predict a 28% increase in net to $4.49 a share from the anticipated $3.51 this year.
Strategy Opinion: TTD suggests accumulation in ENPH with further buying to be done on a breakout over $218.
TTD is targeting ENPH for a move to $255 within the next few months or sooner after a breakout.
A protective stop can be placed near $198.
Intermediate-Term Rating: Average.
Suitability: Aggressive Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
ENPH scored big good gains off recent breakouts. |
Response to Net |
Bullish |
ENPH rose 9 times after 12 earnings reports. |
Seasonal Success |
Bullish |
ENPH avg gain 15.7% in July, gain 1.8% in Aug. |
Earnings Beats |
Bullish |
ENPH beat net estimates 16 time after 19 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 |
36% |
10/27/2021 | 197.34 | 267.74 | 11/19/2021 |
70% |
11/19/2020 | 119.13 | 203.38 | 1/6/2021 |
156% |
9/29/2020 | 79.37 | 203.38 | 1/6/2021 |
(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
Long- Term Chart |
Stock's Price Performance after Reporting Earnings |
12 - month Performance Chart vs. S&P 500 |
TTD's Feature Stock Under Accumulation
TTD's Quality Rating of Stock - DGII - Average |
DGII, based in Hopkins, Min., makes internet connection products Annual revenues: $308 million. DGII's stock moves higher Monday and is in good position to breakout from its 8-week flat base.
A breakout would carry the stock to a new all-time high.
So far today, DGII is trading is trading 270,038 shares. Its average daily volume is 160,000 shares.
TTD suggests accumulation in anticipation of a breakout..
DGII's stock moved higher in the morning getting to an intraday peak of $25.47.
The stock then trended mostly sideways the rest of the day.
DGII was down 33 cents a share in after-hours trading.
Tape Action
DGII's tape action shows the recent block trades.
One can see the prices for the blocks rising from $24.85 in the prior session to as high as $25.35 at midday.
A key bullish trade came in the morning when a block of 1,638 shares (duplicated) crossed the tape at $25.08.
That was up from the prior block at $24.85 on 16,881 shares in the prior session.
Near the close a big block of 16,981 shares crossed at $25.31.
That was down from the prior block at $25.35 on 1,969 shares.
Business
DGII is a provider of Internet-of-Things (IoT) connectivity products, services and solutions.
The company's systems operate through four segments: Cellular Routers, Console Servers, OEM Solutions and Infrastructure Management.
Cellular routers provide fully enclosed box devices, which provides connectivity typically in a place where the device can be plugged in exclusively using cellular communications.
Console servers is similar except they are exclusively for edge computing installations and data center applications.
Charts
DGII's 12-month performance chart shows the stock up 34% versus a 9% loss for the stock market.
Insider were recent buyers around $19 a share. They also bought using stock options at $7.40 to $11.87 a share.
They were sellers at $22 to $24 a share. .
DGII's long-term chart shows the stock climbing from $9.28 back in 2018 to a peak at $18.99 by 2019.
The stock fell back to $6.18 in early 2020 when the stock nosedived. However, DGII has since rallied back to $26 and is now basing.
DGII's daily chart shows the stock climbing from $19 in May to a peak at $26 by June.
The stock has pulled back and is now basing.
The company will report earnings soon.
When it reported in the prior quarter in early May, it had a big run up.
The CCI momentum indicator is strongly bullish.
Earnings Outlook
This fiscal year ending in September, analysts predict a 390% surge in net to $1.52 a share from the 31 cents the year before.
Going out to fiscal 2023, the Street predicts a more modest 15% rise in net to $1.76 a share from the anticipated $1.52 this year.
Quarterly earnings will be strong.
Net for the fiscal third quarter ending in June should jump 322% to 38 cents a share from the nine cents the year before.
The company beat the Street estimate the past three quarters by 6 cents a share, 5 cents and 5 cents..
For the fiscal fourth quarter ending in September, the Street predicts a 208% surge in net to 40 cents a share from the 13 cents the year before.
Strategy Opinion: TTD suggests accumulation of DGII in anticipation of a breakout over $26.20. TTD is targeting DGII for a move to $31 within the next few months after a breakout. A protective stop can be placed near $24 after a breakout.
Intermediate-Term Rating: Average.
Suitability: Aggressive Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
DGII scored modest gains off recent breakouts. |
Response to Net |
Bullish |
DGII rose 8 times after 15 earnings reports. |
Seasonal Success |
Bullish |
DGII avg. gain 3.4% in July, gain 3.9% in Aug, |
Earnings Beats |
Bullish |
DGII beat net estimates 14 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 |
13% |
11/1/2021 | 22.21 | 25 | 11/11/2021 |
28% |
2/3/2021 | 19.91 | 25.41 | 2/9/2021 |
11% |
12/10/2020 | 18.15 | 20.11 | 1/26/2021 |
(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.)
Stock's Long-term Chart |
Stock's Price Performance after Reporting Earnings |
Stock Performance Chart with Earnings Markers vs. S&P 500 Insider Buying in Green - Insider Selling in Red |
TTD's Key Stocks Under Accumulation
Concol Energy Inc. (CEIX) - 57.81 Set a Stop Buy at 59.60 to Catch the Breakout Net to Surge 170% This Year |
Stride Inc. (LRN) - 41.97 Set a Stop Buy at 42.70 to Catch the Breakout Net to Jump 48% For Fiscal 2022 (June) |
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 - 2
Stocks Screened - 6,500
Long-Term Environment for Bears: Favorable.
Bear Side - Small list of shorts and very selective. Bears be conservative today.
TTD's Quality Rating of Stock - STRT - Below Average |
STRT, based in Milwaukee, makes a wide variety of products for autos. Annual revenues: $485 million. STRT's stock moves lower Monday and undercuts key technical support.
So far today, STRT is trading 12,967 shares, double its average daily volume of 5,290 shares
The stock is thinly traded. However, TTD sees more on the downside.
STRT's stock moved lower in the morning.
It continued south through the day and closed near its low for the session.
The stock was unchanged in after-hours trading.
Tape Action
STRT's tape action shows the recent block trades.
One can see the price for the blocks falling from $30.27 in the morning to as low as $29.02 near the close.
A key bearish trade came in the morning when a block of 150 shares crossed the tape at $29.91.
That was down from the prior block at $30.27 on 234 shares..
Business
STRT makes auto access control products. They include mechanical locks and keys, electronically enhanced locks and keys, passive entry passive start systems , steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power tailgate systems and door handles.
The company supplies its products under the VAST brand name.
The Company’s products are shipped to customers in the U.S., Canada, Mexico, Europe, South America, Korea, China and India.
ide full service and aftermarket support for each VAST Automotive Group partners’ products.
The Company provides its customers with engineered access control products, including locksets, fobs, push button ignition systems and other products.
Charts
STRT's daily chart shows the stock declining from $40 in March down to $30 by May.
The stock tried to rally but fell back.
Now, SRT cuts below recent support with a pick up in volume.
The CCI momentum indicator is bearish.
Earnings:
This fiscal year ending in June, analysts predict a 56% drop in net to $2.51 a share from the $5.67 the prior year.
Net for the upcoming fiscal fourth quarter ended in June should be up 8% to 81 cents a share from the 75 cents the year before.
Going out to 2023 ending in June, the Street predicts a 93% rebound in net to $4.84 a share from the anticipated $2.51 this fiscal year.
For the fiscal first quarter ending in September, the Street is calling for a big rebound in net to 86 cents a share from the depressed 3 cents the year before.
Strategy Opinion: TTD is targeting STRT for a decline to $23 within the next few months or sooner.
A protective stop buy can be placed near $31.
Suitability: Aggressive Bears.
TTD's Stock Probability research of Prior Performance:
Response to Net |
Bearish |
STRT rose 4 time after 9 earnings reports. |
Seasonal Success |
Bearish |
STRT avg. gain 2% in July, Loss 4.7% 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
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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.
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(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.)