Daily - Go to TTD's     Chart scroller of  Breakout Stocks    -  Monday - March 30, 2020

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Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List  - Monday - March 30, 2020

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Monday - March 30, 2020

Go To Prior Days TTD "Reports"

 

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


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Ticker Tape Digest

Monday - March 30, 2020


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: 1-480-878-8381 or 480-704-3331.


Monday - March 30, 2020

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts Monday   -  None

Quality of Breakouts -  None.

Stocks Screened - 12,234

Bull side -  No breakouts as several stocks move higher and in position to possibly breakout.

Stock market  -  Major averages remain bearish in all time zones.

Comment -  Stock market staging a rebound rally. However, volume is contracting. Look for a consolidation, and then for a follow through move to the upside to turn the pattern bullish. If not, a consolidation may continue.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  CYD, HSON and RH.

Stock Market Momentum

(Daily is based on a moving average)

Market (Daily)

 Market (Weekly)

 Market (Monthly)  

 Dow - Bearish

 Dow - Bearish

 Dow - Bearish

  Nasdaq - Bearish

  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. )  

None


No Breakouts - TTD Highlights a Stock Near a Breakout

DocuSign Inc. (DOCU) - 88.14, up 5.57 - Breakpoint 92.50

Net To Soar 71% for fiscal 2021 (Jan.), TTD Targets 115

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

    DOCU, based in San Francisco, automates manual, paper-based processes with digital transaction management platform services for documented business transactions. Annual revenues: $974 million. DOCU's stock moves higher Monday and is in good position to breakout from its 8-week base.

  So far today, DOCU is trading 4.9 million shares. Its average daily volume is 3.9 million shares.

  TTD suggests accumulation in anticipation of a breakout.

  DOCU's stock gapped higher in the morning and reached a peak at $89.28 in the afternoon.

  It held its ground to the final bell.

  In after-hous trading. DOCU was up 0.86.

  Tape Action

  DOCU's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $82.57 in the prior session to as high as $88.46 in the afternoon.

  A key bullish trade came in the morning when a block of 33,557 shares (duplicated) crossed the tape at $83.98.

  That was up from the prior block at $82.57 on 51,912 shares in the prior session.

  Business

 DOCU  helps banks give customers the convenience of anywhere, anytime access for completing forms, contracts or lending documents.

The company works simply on any Internet connected device including all mobile devices.

DOCU offers: trial, single-user, multi-user, business pro, enterprise pro, standards-based signatures, ehanko, DocuSign transaction rooms for real estate, DocuSign payments, and enotary.

 Charts 

  DOCU's 12-month performance chart shows the stock up 68% versus an 8% decline for the stock market.

  Insiders were recent buyers using stock options at $12 to $18 a share.

  They were sellers at $73 to $89 a share.

  DOCU's long-term chart shows the stock climbing from $35 in 2018 to a peak at $59 in 2019.

  The stock consolidated and then shot up to an all-time high of $92.55 earlier this year.

  DOCU's daily chart shows the stock breaking out from a flat base in January and climbing to its all-time high at 92.55.

  The stock pulled back to base.

  It had a shakeout down to $65 as stock tumbled.

  However, DOCU has since rallied strongly and is in position to breakout soon.

  The stock's CCI momentum indicator is now bullish.

   Earnings Outlook

  This fiscal year ending in January of 2021 the Street is forecasting a 71% surge in net to 53 cents a share from the 31 cents the prior year.

  The highest estimate on the Street is at 79 cents a share. Analysts have been raising their estimates.

  Looking out to 2022 ending in January, the Street is calling for a 51% leap in net to 80 cents a share from the anticipated 53 cents this fiscal year.

  Quarterly earnings will be strong.

  Net for the fiscal first quarter ending in April should jump 57% to 11 cents a share from the 7 cents the prior year.

  Then in the fiscal second quarter net should surge 900% to 10 cents a share from the one cent the previous year.

Strategy Opinion:  TTD suggests accumulation in DOCU with further buying to be done on a breakout over $92.60.

TTD is targeting DOCU for a move to $115 after a breakout.  A protective stop can be placed near $88 after a breakout.

Intermediate-Term Rating:  Average.

Suitability:  Aggressive Bulls.

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

Breakout Success

Bullish

  DOC scored big gains off recent breakouts.

Response to Net

Bullish

  DOC rose 4 times after 6 earnings reports.

Seasonal Success

Bullish

  DOCU avg. gain 21% in April, 14% in April prior years.

Earnings Beats

Bullish

  DOCU beat Street net estimate 9 times after 10 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

             19%

    1/30/2020       76.93        91.49      2/19/2020

             57%

    9/10/2019       58.39        91.49      2/19/2020

             28%

    1/18/2019       44.96        57.66      3/13/2019

(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 Price Performance after Reporting Earnings

      


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

Insider Buying in Green  -  Insider Selling in Red

 


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 for Monday - 1

Stocks Screened - 12,234

Long-Term Environment for bears: Neutral.

Bear Side - Only one short as stock market rallies strongly.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

DHI Group Inc.  (DHX) - 1.84

Loss Seen This Year and Next, TTD Sees Drop to 15.50

  DHX, based in New York, provides data, insights and employment connections through specialized services for technology,security clearance, financial services and energy. Annual revenues: $149 million. DHX's stock falls sharply Monday and undercuts support.

  So far today, DHX is trading 573,386 shares, double its average daily volume of 210,000 shares.

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

  DHX's stock fell in the morning and then by noon was trading near its support line.

  The in the late afternoon the stock fell sharply as volume picked up.

   Tape Action

  DHX's tape action shows the recent block trades.

  One can see the price for the blocks falling from $2.37 in the prior session to as low as $1.80 in the afternoon.

  A key bearish trade came in the morning when a block of 6,624 shares crossed the tape at $2.33.

  That was down from the prior block the day before at $2.37 on 8,013 shares.

   Business

 DHX  sells recruitment packages. They allow customers to post jobs and source candidates through its resume databases. 

The company's Website serves as online marketplaces where employers and recruiters find and recruit employees.

The Company's Website offers job postings, news and content, career development and recruiting services. Its brands include Dice, Dice Europe, ClearanceJobs and eFinancialCareers.  

 Earnings:

  This year, analysts are forecasting a 13% decline in net to 21 cents a share from the 24 cents the prior year.

  Net for the first quarter is expected to rise 33% to 4 cents a share from 3 cents the prior year.

  However, in the second quarter, net is projected to fall 33% to 4 cents a share from 6 cents the previous year.

Charts:  

  DHX's daily chart shows the stock trending lower from $4 to $2 a share. The stock tried to form a bottom, but now breaks down with expanding volume.

  The stock is down 22% the past 12 months compared with a decline of 8% for the stock market.   

Strategy Opinion: TTD  is targeting DHX for a decline to $1 within the next few months, or sooner. A protective stop buy can be placed near $2.05.

Suitability:  Aggressive Bears.

  TTD's Stock Probability research of Prior Performance:  

Response to Net

Bearish

 DHX rose 4 times after 14 earnings reports.

Seasonal Success

Bullish

 DHX down 0.4% in April, up 12.6% in May in prior years.

Earnings Beats

Neutral

 DHX beat Street estimate 10 times after 20 reports.


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


   Stock's 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. - 2020

    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 1-480-878-8381.

   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.)