Daily - Go to TTD's     Chart scroller of  Breakout Stocks    -  Wednesday- January 17, 2018

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Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List  - Wednesday, January 17, 2018

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Wednesday, January 17, 2018

Go To Prior Days TTD "Reports"

Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Tuesday, January 16, 2018

 


Go to Video Show - "How to Make Money With Breakout Stocks


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Ticker Tape Digest

Wednesday - January 17, 2018


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 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's Bargain Buy Trades - Long - Long Term.  These are for conservative bullish Investors These long-term buys are ideally suited for entry into stocks on pull backs within overall up trend. These stocks can give a good return long-term especially during a bull market.

   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: 1-480-926-1680.


Wednesday - January 17, 2018

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts so far today -  16

Quality of Breakouts - Above Average.

Stocks Screened - 12,234

Bull side -   Large list of breakouts with some interesting plays. Bulls can be venturesome.

Stock market  -  Bullish. All major market averages remain bullish in all time zones.

Stock Market Momentum

(Daily is based on 15 unit moving average)

Market (Daily)

 Market (Weekly)

 Market (Monthly)  

 Dow - Bullish

 Dow - Bullish

 Dow - Bullish,

  Nasdaq - Bullish

  Nasdaq - Bullish

Nasdaq - Bullish 

        S&P 500 - Bullish

  S&P 500 - Bullish

  S&P 500 - Bullish


Ticker Tape Digest's

Timely Breakout Stocks From Tape Action - Wednesday

(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 at breakpoint by using market order or stop buy)All Timely Breakout Stocks From Tape Action Today )  


Today's Featured TTD Breakout Stock

Atlassian Corp. Plc. (TEAM) - 54.87, up 2.05 - Breakpoint 53.55

Net to Rise 31% in Fiscal 2018 (June),  TTD Targets 66

                    TTD's Quality Rating of Stock - TEAM - ABOVE AVERAGE

  TEAM, based in London, provides services for software development. Annual revenues: $620 million. TEAM's stock moves sharply higher Wednesday and breaks out from an 11-week, cup-and-handle base. The move carries the stock to a new all-time high.

  So far today, TEAM is trading 1.7 million shares, almost double its average daily volume of 925,000 shares.

  TTD highlighted TEAM as a breakout at our midsession video show on the web.

  TEAM moved higher in the morning and cleared its breakpoint line.

  The stock worked higher to an intraday peak of $55.21.

  It closed near its high for the day. That is bullish.

    Tape Action

  TEAM's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $52.82 in the prior session to as high as $54.97.

  A key bullish trade came in the morning when a block of 17,447 shares (duplicated) crossed the tape at $53.31 in the morning.

  That was up from  the prior block trade at $52.82 on 25,000 shares.

  Business

  TEAM offers a range of team collaboration products.

  The company offers products, including JIRA, Confluence, HipChat, Bitbucket and JIRA Service Desk, for software developers and information technology.

  The company offers JIRA for team planning and project management; Confluence for team content creation and sharing.

  HipChat is used for team real-time messaging and communications; Bitbucket for team code sharing and management, and JIRA Service Desk for team service and support applications.

   The company also offers additional tools for software developers such as FishEye, Clover, Crowd, Crucible, Bamboo and SourceTree.

Charts

  TEAM's 12-month performance chart shows the stock appreciating 105% versus a 21% gain for the stock market.

  TEAM's long-term chart shows the stock coming public in 2015 at $27.67.

  The stock dipped down to $16.92 in early 2016. However, the stock broke out in June of 2016 and has since climbed to $54.87. The stock has tended to move higher in orderly way putting down bases.

  TEAM's daily chart shows the stock climbing from around $36 to a peak near $53 by November.

  The stock then set up a classic cup-and-handle base.

  It almost broke out in the prior session. Thursday, it does.

  The stock's CCI momentum indicator (bottom of chart) is bullish.

 Earnings Outlook

  This fiscal year ending in June analysts are forecasting a 31% jump in earnings to 47 cents a share. The stock sells with a price-earnings ratio of 114.

  That is high. So, the stock is best for an aggressive investors.

  Looking out to fiscal 2019 ending in June, the Street is forecasting a 30% gain in net to 62 cents a share from  the anticipated 47 cents expected for fiscal 2018.

  Quarterly earnings will be strong.

  Net for the up coming fiscal second quarter ending in December is expected to rise 33% to 12 cents a share from 9 cents the year before.

  For the fiscal nine months ending in March of this year should climb 38% to 11 cents a share from the 8 cents the year before.

Strategy Opinion:  TTD is targeting TEAM for a move to $66 within the next few months or sooner.

  A protective stop can be placed  $51.

 TTD rates TEAM a good intermediate-term play

Suitability:  Aggressive Investors.

                 TTD's special research of  Stock's Prior Performance:  

Probability - Breakout Success -  Extremely Bullish. TEAM has scored some big gains off its recent breakouts.

Probability - Earnings Response - Bullish. TEAM rose 5 times after the past 9 earnings reports when there was a significant change.

Probability:  Seasonal Success - Bullish. TEAM rose an average of 1.4% in January in prior years and 8.7% in February.


           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

             40%

    10/4/2017      37.39        52.43    11/16/2017

             24%

    4/6/2017      30.34        37.71    6/6/2017

             27%

    6/15/2016      24.99        31.97    8/5/2016

(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.)


  Stock's Long-term Chart


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

Insider Buying in Green  - Insider Selling in Red


   Stock's Monthly Seasonal Performance Chart - Past 5 Years

Showing % Months UP and % Change

               


TTD's Breakout Profile Rating
Atlassian Corp. Plc. - (TEAM)  
TTD Check List Bullish Bearish Neutral
Near 52-week High YES
Volume YES  
Tick Volume YES
Price Trend - Daily YES  
Price Trend - Long Term YES    
Price Daily Spread YES  
Base Structure YES    
Base - A-D YES
Earnings-Quarterly YES    
Earnings-Long Term YES    
Earnings Outlook YES  
Industry Group YES  
Prior Breakout Success YES  
Fund Sponsorship YES  
Total Score   14 0 0

Charts of Selected Breakout Stocks

                    TTD's Quality Rating of Stock - COHR  - ABOVE AVERAGE

                    TTD's Quality Rating of Stock - ALGN -  ABOVE AVERAGE

                    TTD's Quality Rating of Stock - WB - ABOVE AVERAGE

                    TTD's Quality Rating of Stock - CVGI - ABOVE AVERAGE

 


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 so far today - 13

Stocks Screened - 12,234

Long-Term Environment for bears:  Unfavorable.

Bear Side - Large list of shorts Wednesday even though stock market rises sharply. Bears remain conservative.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

Exact Sciences Corp.  (EXAS) - 47.68, down 5.27

Falls on Product Competition Concerns, TTD Sees Decline to 41

  EXAS, based in Madison, Wis., is a molecular diagnostics company. Annual revenues: $99.4 million. EXAS's stock falls sharply Thursday after reports of the success of a competitive firm's products. TTD sees more on the downside.   

  So far today, EXAS is trading 14.2 million shares, about seven times its average daily volume of 2.4 million shares.

  TTD highlighted EXAS as a short at our midsession video show on the Web Wednesday.

  EXAS's decline was due in part to a competing firm providing a favorable study on a competing product used for liquid biopsy tests for colorectal cancer.

  Also, it was disclosed that CEO Conroy Kevin exercised options to buy 125,402 shares at 83 cents a share on January 12. He sold the same day all the stock at $52.68 to $53.23 a share.

  EXAS's stock fell sharply in the morning. It touched an intraday low of $45.02.

  The stock then lifted back to around $48 and trended mostly sideways the rest of the day.

  Tape Action

  EXAS's tape action shows the recent block trades.

  One can see the price for the blocks falling from $53.89 in the prior session to $45.36 on Wednesday.

  A key bearish trade came late on Tuesday when a block of 43,000 shares crossed the tape at $53.01.

  That was down from the prior block trade at $53.89 on 86,200 shares.   

 Business

  EXAS provides products for the early detection and prevention of some forms of cancer. It offers a non-invasive screening test called Cologuard for the early detection of colorectal cancer and pre-cancer.

Its Cologuard test is a stool-based deoxyribonucleic acid screening test, which utilizes a multi-target approach to detect deoxyribonucleic acid (DNA) and hemoglobin biomarkers associated with colorectal cancer and pre-cancer.   

 Earnings:

  For 2017, analysts are forecasting a loss of$1.09 a share compared with a loss of $1.63 the year before.

  For the fourth quarter of 2017, a loss of 29 cents a share is expected versus a loss of 34 cents the year before.

  Looking ahead to 2018, analysts predict a loss of 66 cents a share.

Charts:   

  EXAS's daily chart shows the stock cutting below key technical support with a big pick up in volume. That is very bearish.

  EXAS's 12-month performance chart shows the stock up 160% versus a 21% gain for the stock market. Insiders have been heavy sellers lately.

Strategy Opinion: TTD is targeting EXAS for a decline to $41 within the next few months, or sooner. A protective stop buy can be placed near $49.90.

Suitability: Aggressive Bears.

  TTD's special probability research of  Prior Performance:  

Probability - Earnings Response - Neutral.  EXAS rose 7 times after the past 13 earnings reports when there was a significant change.

Probability:  Seasonal Activity - Neutral.  EXAS rose an average of 4.7% January in prior years. It declined an average of 6% in February.  


                    TTD's Quality Rating of Stock - EXAS -  BELOW AVERAGE


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

Insider Buying in Green  - Insider Selling in Red

          


   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. - 2018

    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 Intershow 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 1-480-926-1680.

   Distributed by Corona Publishing Enterprises. TickerTape 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.)