Ticker Tape Digest

Thursday - August 25, 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.

Thursday - August 25, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakout Stocks -  5

Quality of Breakouts -  Above Average.

Stocks Screened -  6,500

Bull side - Small list of breakouts, but some interesting plays for aggressive bulls.

Stock market - Major averages turn bullish in many time sectors.

Comment - Stock market rallies as it tries to form a near-term bottom. Bulls remain alert. September tends to be bearish.

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: LANC, WDAY, TITN, ULTA and MOV.

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.

Thursday Breakouts

TTD's Featured Breakout Stock

Acadia Healthcare Co. (ACHC) - 85.23, up 1.16, Breakpoint 83.87

Net To Rise 20% This Year, TTD Targets 100

 ACHC, based in Franklin, Ten., provides behavioral healthcare services in the U.S. ACHC's stock moves higher Thursday and breaks out from a 5-week, flat base.

  So far today ACHC is trading 527,871 shares. Its average daily volume is 507,000 shares.

  TTD sees potential for more on the upside.

  ACHC's stock broke out in the morning getting to $85.29.

  The stock then slipped back a bit to $83.93. However, it then worked steadily higher the rest of the day.

  It closed near its high for the session.

  In after-hours trading, ACHC was unchanged.

  Tape Action

 ACHC's  tape action shows the recent block trades.

 One can see the price for ACHC's  blocks rising from $84.07 in the prior session to as high as $85.23 by the close.

 A key bullish trade came in the morning when a block of 1,941 shares crossed the tape at $84.59.

 That was up from the prior block at $84.07 on 2,631 shares..

 Near the close a big block of 27,350 shares crossed at $85.23.

 That was up from the prior block trade at 85.19 on 1,909 shares.

  Business 

 ACHC provides behavioral healthcare services in the U.S.

 It operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities and outpatient behavioral healthcare services.

Its specialty treatment facilities include residential recovery facilities, eating disorder facilities and comprehensive treatment centers.

Charts

  ACHC's 12-month performance chart shows the stock up 32% versus a 5% loss for the stock market.

  Insiders were buyers recently at $50.75  using stock options.

 They were sellers at $80 to $83 a share.

 ACHC's long-term chart shows the stock declining from $54 in 2017 to $11.09 by early 2020.

 The stock then rose steadily to a peak at $85. It is in a strong long-term up trend..

 ACHC's  daily chart shows the stock climbing  from $64 in June to a peak at $83 by late July.

 The stock put down a five-week flat base above its 30-day Moving average line.

 ACHC now breaks out with modest volume.

The CCI  momentum indicator is strongly bullish.

  Earnings Outlook

 This year, analysts forecast a 20%rise in net to $3.08 a share from the $2.56 the prior year.

 For 2023, analysts project a 10 rise in earnings to $3.40 a share from the anticipated $3.08 this year.

 For the third quarter, the Street predicts an 11% increase in net to $80 cents a share from the 72 cents the prior year.

 Then in the fourth quarter analysts expect an 18% rise in net to 79 cents a share from the 67 cents the prior year.  

Strategy Opinion: TTD is targeting ACHC for a move to $100 within the next few months or sooner. A protective stop can be placed near $80.

Intermediate-Term Rating: Average.

Suitability:  Average Bulls.