Daily - Go to TTD's     Chart scroller of  Breakout Stocks   -  Tuesday - August 30, 2022

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List  - Wednesday - August 31,  2022

Daily - Bullish Aggressive Investor - Go To TTD Quick-Swing Trades Setups (74% win rate) - Wednesday  - August 31, 2022

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Ticker Tape Digest

Tuesday - August 30, 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.

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)

   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.

Quote or chart

   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 - August 30, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakout Stocks -  None

Quality of Breakouts -  None

Stocks Screened -  6,500

Bull side - Only one breakout as stock market continues decline.

Stock market - Major averages bearish.

Comment - Potential for more on the downside.

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)

Market (Daily)

 Market (Weekly)

 Market (Monthly)

 Dow - Bearish

 Dow - Bearish

 Dow - Bearish

 Nasdaq - Berish

  Nasdaq - Bearish

Nasdaq - Bearish

   S&P 500 - Bearish

  S&P 500 - Bearish

  S&P 500 - Bearish





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.

Tueday Breakouts

None


No Breakouts

TTD Features A Stock Near A Breakout

Cameco Corp. (CCJ) - 29.68, up 0.54, Breakpoint 32.70

Net To Rise This Year and Next, TTD Targets 37

      TTD's Quality Rating of Stock - CCJ  -  Above Average

   CCJ, based in Saskaton, Canada,  is an integrated uranium supplier, offering refining, conversion, and fuel manufacturing services. Annual revenues $1.5 billion Canadian dollars.

CCJ's stock moves higher Tuesday and is closer to a potential breakout from its 5-month flat base.

  There were no breakouts Tuesday. So, TTD highlights a stock close to a breakout.

  So far today, CCJ is trading a heavy 14 million shares, more than double its average daily volume of 5.7 million shares.

  CCJ's stock fell in the morning with the stock market.

  The stock touched an intraday low of $28.03 in the morning.

  However, the stock rallied steadily the rest of the day to finish with a gain.

   Tape Action

 CCJ's   tape action shows the recent block trades.

 One can see the price for CCJ's blocks rising from $28.40 in the morning to as high as $29.81 in the afternoon..

 A key bullish trade came in the morning when a block of 46,300 shares crossed the tape at $28.50.

 That was up from the prior block at $28.40 on 40,100 shares..

 Near the close a big block of 298,332 shares crossed at $29.68.

 That came on an up tick from the prior trade at $29.65 on 1,000 shares.

 Business 

  CCJ is a uranium supplier, offering refining, conversion, and fuel manufacturing services.

The Company operates two segments: uranium and fuel services.

The uranium segment involves the exploration for, mining, milling, purchase, and sale of uranium concentrate.

 The fuel services covers the refining, conversion and fabrication of uranium concentrate and the purchase and sale of conversion services.

 The Company also provides nuclear fuel processing services. Its uranium projects include Millennium, Yeelirrie, and Kintyre.

Charts

  CCJ's 12-month performance chart shows the stock up 65% versus a 10 loss for the stock market.

  Insider activity was not available.

  CCJ 's long-term chart shows the stock climbing from $$7.68 in 2017 to $13.04 by 2019..

 The stock then fell back to $$5.30 in early 2020 when the stock market tumbled. fell.

  Since then, CCJ climbed to a peak at $32 earlier this year.

  CCJ has since pulled back the past few months but now is climbing toward its breakpoint.

  CCJ's daily chart shows the stock climbing from $21 in July to $29.68.

  The stock is within range to breakout.

 The CCI  momentum indicator is strongly bullish.

  Earnings Outlook

 This fiscal year, analysts forecast a profit of 21 cents a share compared with a loss of 20 cents the prior year.

  Going out to 2023, the Street projects a 402% lift in net to $1.05 a share from the anticipated 21 cents this year.

  For the third quarter ending, the Street expects a loss of 2 cents a share, down from a loss of 11 cents the prior year.

 Then in the fourth quarter they predict a profit of 11 cents a share up 12-% from the 5 cents the year before.

Strategy Opinion: TTD is targeting CCJ for a move to $37 within the next few months or sooner. A protective stop can be placed near $27.50. Its Intermediate-Term Rating: Average.

Suitability:  Aggressive Bulls.

 TTD's special research of Stocks Prior Performance: 

Breakout Success

Bullish

CCJ scored good gains off its recent breakouts.

Response to Net

Bullish

CCJ rose 8 times after 15 earnings reports.

Earnings Beats

Bullish

CCJ beat net estimates 10 times after 18 reports.

Seasonal Success

Bullish

CCJ avg. gain 5.6% in Sept, loss 1.5% in Oct.


          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

               10%

    5/27/2021      19.66         21.63     6/10/2021

               21%

    12/11/2020      12.14         14.68     1/7/2021

    (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


Long-Term Performance Chart


12 - month Performance Chart vs. S&P 500



TTD's Feature Stock Under Accumulation

(Trading strategy: Purchase of these stocks is done when either the stock is still in a base, or has emerged and is acting very bullish. Purchase while a stock still is basing should be a scale-in strategy with the final buying to be done on a breakout from a base. Buying of these stocks when they are trending higher can be done


Enphase Energy Inc. (ENPH) - 285.77

Set a Stop Buy at 311 to Catch the Breakout

Net To Leap 70% This Year, TTD Sees 370 after a breakout

       TTD's Quality Rating of Stock - ENPH  -  Average

  ENPH, based in Fremont, Ca., is an early-development-stage biotech company developing next-generation mental health and oncology treatments using a clinical discovery platform

  ENPH's stock ,moves higher Tuesday. It is in position to breakout from its 5-week flat base.

  A breakout would carry the stock to a new all-time high. It came public in 2012.

  TTD suggests accumulation in anticipation of a breakout.

  ENPH's stock moved higher in the morning and reached an intraday high of $296.82 in the morning.

  The stock then faded back to $276.70 in the early afternoon. The stock lifted to $285.77 by the close.  

  Tape Action

 ENPH's tape action shows the recent block trades.

 One can see the prices for the blocks rising from $284.82 in the prior session to as high as $292.19 in the morning.

 A key bullish trade came in the morning when a block of 16,612 shares crossed the tape at $287.45.

That was up from the prior block at $284.82 on 104,575 shares.

  Near the close a big block of 151,719 shares crossed at $285.77.

  That was up from the prior block at $284.93 on 9,300 shares.

  Business 

 ENPH develops  mental health and oncology treatments using a clinical discovery platform to enable psychedelic-derived molecules for the mind and synthetic cannabinoids for the body.

It is developing its product candidates that are focused on cannabinoids derived from non-hemp botanical sources.

Its product candidates include EV104, EVM-101, EVM-201, EVM-301, EV102 and EV101. EV104 includes cannabidiol  and celecoxib conjugate.

Charts

 ENPH's 12-month performance chart shows the stock up 60% versus a 10% loss for the stock market.

 Insider were buyers using stock options at 70 cents a share to $54.

They were sellers at $188 to $297 a share.

ENPH's long-term chart shows the stock climbing from $8.03 in 2019 to a peak at $282 by 2021.

The stock then fell back to $113 in 2022 .

Then ENPH turned and rallied strongly to $308.

  ENPH's  daily chart shows the stock climbing from $129 in May to a peak at $310 by August.

  The stock formed a tight flat base.

  It is in good position to breakout at any time.

  The CCI  momentum indicator is neutral.

  Earnings Outlook

 This year, analysts project a 70% surge in earnings to $4.10 a share from the $2.41 a year ago.  

 Going out to 2023, the Street sees a  21% rise in net to $4.98 a share from the anticipated $4.10 this year.

 For the third quarter, net should jump 77%  to  $1.06 a share from the 60 cents the prior year.

 Then for the fourth quarter, the Street is predicting  a 55%  leap in net to $1.13 a share from the 73 cents the year before.

Strategy Opinion: TTD suggests accumulation in ENPH in anticipation of a breakout over $311.

TTD is targeting ENPH for a move to $370 within the next few months after a breakout.  A protective stop can be placed near $295 after a breakout.

Intermediate -Term Rating: Average.

Suitability:  Average Bulls.

 

TTD's special research of Stocks Prior Performance: 

Breakout Success

Bullish

ENPH scored big gains off recent breakouts.

Response to Net

Bullish

ENPH rose 10 times after 13 earnings report.

Earnings Beats

Bullish

ENPH beat net estimate 17 times in 20 quarters.

Seasonal Success

Bullish

ENPH avg. loss 6.2% in Sept., gain 13.6% in Oct..


                  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

              39%

    7/27/2022

    217.45        301.13      Still in play

              30%

    8/31/2021

    196.41        254.48      11/18/2021

            164%

    9/30/2020

      81.14         213.76      1/7/2021

    (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.)


   Long-Term Performance Chart


 Stock's Price Performance after Reporting Earnings


Stock Performance Chart with Earnings Markers vs. S&P 500

Insider Buying in Green


TTD's Key Stocks Under Accumulation


Allied Motion Technolgies Inc. (AMOT) - 35.44

Set a Stop Buy at 37.80 to Catch the Breakout

Net to Rise 5% This Year, 34% in 2023


Civeo Corp.  (CVEO) - 30.17

Set a Stop Buy at 31.90 to Catch the Breakout

Net to Rise This Year, Soar 624% in 2023

 


Ticker Tape Digest’s

Stocks To “Sell or Short

    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 - 7

Stocks Screened - 6,500

Long-Term Environment for Bears:  Favorable

Bear Side - Good number of shorts with some interesting plays. Bears can be venturesome.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

Enveric Biosciences Inc.  (ENVB) - 5.53

Loss Seen This Year and Next, TTD Sees Drop to 4.30

       TTD's Quality Rating of Stock - ENVB  -  Below Average

  ENVB, based in Naples, Fla., is a biotech firm developing treatments for mental health and cancer. Annual revenues: Nil. ENVB's stock moves lower Tueday and ndercuts key technical support.

The stock is low priced, but TTD sees potential for more on the downside.

  So far today, ENVB is trading 209,543 shares. Its average daily volume is 1.1 million shares.

  ENVB's stock fell in the morning and undercut its key technical support.

  ENVB's stock fell in the morning and extended its decline.

  The stock touched an intraday low of $5.29 in the morning.

  The stock then lifted a bit later in the afternoon.

  Tape Action

  ENVB's  tape action shows the recent block trades.

 One can see the price for the blocks declining from $5.95 in the morning to as low as $5.32 in the morning.

 A key bearish trade came in the morning when a block of 4,000 shares crossed at $5.80. That was down from the prior block at $5.95 on 1,600 shares in the prior session.  

  Business  

 ENVB is developing mental health and oncology treatments using a clinical discovery platform to enable psychedelic-derived molecules for the mind and synthetic cannabinoids for the body.

 It is developing its product candidates that are focused on cannabinoids derived from non-hemp botanical sources, and synthetic materials containing no tetrahydrocannabinol in order to comply with U.S. federal regulations.

Its product candidates include EV104, EVM-101, EVM-201, EVM-301, EV102 and EV101. EV104 includes cannabidiol and celecoxib conjugate.

EVM-101 is a first-generation psychedelic asset, which is a psilocybin oral formulation.

  Charts

  ENVB's daily chart shows the stock cutting below key technical support at $5.96.

 The stock had been in a down trend from $16 back in April

  It had a few days where it spiked higher, but thefell back.

 ENVB's  CCI momentum indicator is bearish.

  ENVB was up 2 cents a share in after-hours trading.

   Earnings:

 This year, analysts expect a  loss of $15 a shae compared with a loss of $21.50 the prior year.

 Going out to 2024, they expect a loss of $12.50 a share.

 There was no quarterly estimates.

 Strategy Opinion:  TTD is targeting ENVB for a decline to $4.30 within the next few months or sooner.  

 A protective stop buy can be placed near $5.80.

Suitability: Aggressive Bears.

  TTD's Stock Probability research of Prior Performance:  

Response to Net

Bearish

ENVB fell 2 times after 2 earnings reports.

Seasonal Success

Bearish

ENVB avg. loss 4.8% in Sept., loss 32.3% in Oct.

   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)

TTD takes no responsibility for trading by those using this information. The stocks presented in our report are those we deem the best looking Trade Setups for the long side. We take no responsibility for the accuracy of this data, although every effort is made to present the information correctly. Copyright Ticker Tape Digest.

Copyright --- Ticker Tape Digest - 2022


   TTD takes no responsibility for trading by those using this information. The stocks presented in our report are those we deem the best looking "Day Trades" for the long side. We take no responsibility for the accuracy of this data, although every effort is made to present the information correctly. 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.”

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   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.)