Daily - Go to TTD's Tape of  Stock Charts - Monday, April 22, 2013

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance - Monday, April 22, 2013

Ticker Tape Digest

Monday - April 22, 2013

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 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 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 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: 1-480-926-1680.

  Breakout Stocks

Total Buy Breakouts so far today - 11

Overall Quality of Breakouts - Average

Stocks Screened - 8,300

Bull side - Good number of breakouts as stock market bounces back a bit. Bulls remain selective. Weekly charts have turned bearish.

 (Put mouse on Dow chart to see Nasdaq chart)

Long Term Environment for bulls:  Favorable

Market (Daily) - NYSE Bearish, Nasdaq Bullish

Market (Weekly) - NYSE Bearish, Nasdaq Bearish

Market  (Monthly) - NYSE Bullish, Nasdaq Bullish 

Ticker Tape Digest's

Timely Breakout Stocks From Tape Action - April 22

(See Top Performing Breakout Stocks for 2011- 2012)

(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

Bitauto Holdings Ltd. (BITA) - 11.06, up 0.20 - Breakpoint 10.33

Net to Jump 58% This Year,  TTD Targets 15

  BITA, based in China, provides internet information on cars. Annual revenues: $151 million. BITA's stock breaks out from an 8-week, cup-and-handle base today. The move carries the stock to a 52-week high. So far today, BITA is trading a heavy 209,351 shares, five times its normal daily volume of 45,000 shares.

  TTD highlighted BITA as a breakout at our midsession video show on the Web Monday.

  BITA's stock drove higher in the morning to follow through on its breakout on Friday. After clearing its base, the stock trended sideways holding the bulk of its gain.

  The stock's tape action shows the recent big block trades.

  The heavy institutional buying is impressive as the price for the blocks climbed from $10.18 to as high as $11.15.

  The first key bullish block came on Friday when a block of 225,000 shares crossed the tape at $10.55. That was up from the prior block at $10.20.

  A second bullish trade came when a block of 125,000 shares crossed at $11.05. That was up from the prior block at $10.55.   

  BITA provides internet content and marketing services for the automotive industry in China.

 Its bitauto.com and ucar.cn websites provide consumers new and used automobile pricing information, specifications, reviews and consumer feedback.

 The company operates in three segments- bitauto.com business, ucar.cn business and digital marketing solutions business.

 The company provides subscription services to new automobile dealers and advertising services to dealers and automakers on the bitauto.com website.

 Bitauto's ucar.cn business provides listing and advertising services to used automobile dealers on ucar.cn website.

  BITA's 12-month performance chart shows the stock appreciating a sensational 150% versus a 20% gain for the S&P 500 index.

  BITA's long-term chart shows the stock coming public in 2010 and trading as high as $14.39. The stock fell back to $3.50 in 2012. However, since then the stock has been pushing higher having tripled from its prior low.   

  BITA's daily chart shows the stock climbing from $5.50 back in November to 10.30. It then formed its cup-and-handle base.

  The late stages of the base were above the 50-day moving average line. That showed good price strength.

  The TTD momentum indicator (top of chart) is solidly bullish.

  The accumulation - distribution line (bottom of chart) has spiked higher indicating robust buying on the breakout.

  This year, analysts are forecasting BITA will show a 58% jump in net to 84 cents a share from 53 cents a year ago. The stock sells with a price-earnings ratio of just 13. TTD sees that as very low making the stock an attractive value-growth play.

  Going out to 2014, profits are projected to climb 35% to $1.13 a share from the anticipated 84 cents a year ago.

  For the upcoming first quarter earnings are expected to rise 33% to 8 cents a share from 6 cents a year ago. The company will report Thursday, May. 9.

 Profit growth for the second quarter will accelerate - that is bullish. The Street is looking for a 90% surge in net to 19 cents a share from 10 cents a year ago.

  Strategy Opinion: BITA is a breakout play most suitable for aggressive investors. TTD is targeting the stock for a move to 15. A protective stop can be placed near 9.90.

  TTD rates BITA an above average intermediate-term play provided earnings meet expectations.

  Sponsorship: Excellent. The largest fund holder is 5-star rated T. Rowe Price Media and Telecom Fund with a 2% stake. It has held its position steady.

  The second largest fund holder is Fidelity Pacific Basin Fund, 3-star rated, with a 0.8% stake. It recently bought 3,627 shares.

  Insider Activity: Not available. One analysts follows the stock and has a strong buy.     

Stock Performance Chart with Quarterly Earnings Markers.

Charts of Selected Breakout Stocks

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 - 6

Stocks Screened - 8,300

Long-Term Environment for bears: Unfavorable.

Bear Side - Small list of breakdown stocks today. Bears be selective as stock market tries to rally after recent decline.  

List of Stocks To Sell or Short

TTD’s Feature Bear Play

OSI Systems Inc. (OSIS) - 51.50, down 3

Earnings Coming This Week, TTD Sees Side to 45

  OSIS, based in Hawthorne, Ca., makes components for pressure sensors. Annual revenues: $819 million. OSIS's stock falls sharply today under cutting key technical support. The company will report earnings on Wednesday. So far today, OSIS is trading 535,736 shares, double its normal daily volume of 248,000 shares.

 OSIS's stock moved lower in the morning and finally hit an intraday low in the early afternoon at 50.81. It had undercut key technical support at 54.30.

  In the afternoon, the stock staged a modest lift.

  OSIS's tape action shows the recent big block trades. One can see the price for the blocks tumbling from $55.22 a few days ago to as low as $50.95.

  A key bearish trade came in the morning when a block of 17,500 shares crossed the tape at $52.35. That was down from the prior block at $53.15.

  OSIS will report net for the fiscal third quarter ending in March this Wednesday. The Street is forecasting a 12% increase in net to 73 cents a share from 65 cents a year ago. The company has topped the consensus estimate the past nine quarters by one to 15 cents a share.

  Nevertheless, the weak technical action is bearish and could signal problems.

  OSIS  makes components, subsystems and end-products based on optical and electromechanical pressure sensor technologies.

  The company focuses on the fiber optics and high speed telecommunications for Gigabit Ethernet and Fibre Channel, Security and Inspection and Medical Diagnostics industries.

  The Company also sees continued expansion in office automation, aerospace, computer peripherals and industrial automation industries.

  For the fiscal year ending in June, the Street is currently forecasting a 13% rise in net to $2.83 a share from $2.51 the year before.   

   Strategy Opinion:  TTD is targeting OSIS for a decline to 45 within the next few months, or sooner. A protective stop buy can be placed near 53.

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. - 2013

TTD columnist Leo Fasciocco has covered the stock market for over 20 years. His articles appear in many publications. He is also 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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(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.)