Ticker Tape Digest

Thursday - July 22, 2021

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 Swng - 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 - July 22, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  10

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

Bull side -  Some good looking breakouts Thursday.

Stock market  -  Major averages bullish in all time zones. The market is now in a consolidation pattern.

Comment -  Bulls can be venturesome, but need to be alert for earnings.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  DPZ, CROX, FE, BX, EWBC and DHR.

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. )  

Today's Featured TTD Breakout Stock

Xpel Inc. (XPEL) - 98.66, up 6.81 - Breakpoint 93.80

Net To Surge 68% This Year, TTD Targets 120

     XPEL, based in San Antonio, Tex., makes after-market auto products. Annual revenues: $159 million. XPEL's stock moves  higher Thursday and breaks out from its 7-week, flat base.

  So far today, XPEL is trading 616,243 shares, triple its average daily volume of 219,000 shares.

  TTD sees more on the upside.

  TTD had featured XPEL recently as an accumulation play.

  XPEL's stock moved higher in the morning and cleared its breakpoint line.

  However, the stock slipped back below its breakpoint late in the morning.

  Then in the afternoon, XPEL drove higher and cleared its breakpoint

  The stock reached an intraday high of $101.42.

   In after-hours trading XPEL was up $1.28.

   Tape Action

  XPEL's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $91.85 in the morning to as high as $100 in the afternoon.

  A key bullish trade came in the morning when a block of 2,000 shares crossed the tape at $93.81.

  That was up from the prior block at $91.85 on 2,243 shares.

   Business

 XPEL, formerly XPEL Technologies Corp., makes after-market auto products such as  auto paint protection film, headlight protection film and auto window films.

 The company offers bulk paint protection film, pre-cut PPF and headlight protection kits.

 It operates in the U.S., Canada and parts of Europe. It operates primarily by selling a turnkey solution directly to independent installers and new car dealerships.

The company also provides architectural films for use in residential, commercial, marine and industries.

 Charts 

  XPEL's 12-month performance chart shows the stock up 530% versus a 30% gain for the stock market.

  Insiders were recent sellers at $50 to $89 a share this year.

  They have not done any recent buying.

  XPEL's long-term chart shows the stock climbing from $1.54 back in 2018 to a peak at $18 by early 2020.

  The stock then pulled back to $7.50. However, since the it has skyrocketed to an all-time high of $$104.42 Thursday.

  XPEL's daily chart shows the stock rising from $49 in March to a peak at $93.80 by June.

  The stock put down a flat base.

  The breakout is strong coming with a widening of the spread and expanding volume.

 The stock's CCI momentum indicator is strongly bullish.

  Earnings Outlook

  This year, analysts predict a 68% surge in XPEL's net to $1.14 a share from  the 68 cents the prior year.

  The stock has a price-earnings ratio of 86. That is high.

  Looking out to 2022, the Street projects a 34% jump in net to $1.53 a share from  the anticipated $1.14 this year.

  Net for the upcoming second quarter should jump 71% to 24 cents a share from the 14 cents the year before.

  Only one analysts tracks the stock.

  Going out to the third quarter, net should rise 29% to 31 cents a share from the 24 cents the prior year.

Strategy Opinion:  TTD is targeting XPEL for a move to $120 after a breakout.  A protective stop can be placed near $89 after a breakout.

Intermediate-Term Rating:  Average.

Suitability:  Aggressive Bulls.  

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

           Stock's Prior Performance After A Breakout

(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

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  - 5

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side - Small list of shorts. Bears be conservative.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Relmada Therapeutics Inc. (RLMD) - 26.28

Loss Seen This Year and Next, TTD Sees Drop to 22

  RLMD, based in New York, is a biotech firm working on treatments for nervous problems. Annual revenues: Nil. RLMD's stock falls sharply Thursday and undercuts key technical support.

  So far today, RLMD is trading 282,848 shares, triple its average daily volume of 85,000 shares.

  TTD sees more on the downside.

  RLMD's stock moved lower in the morning and undercut key technical support.

  It tried to hold, but in the afternoon, RLMD pushed lower and finished the session near its low for the day.

  In after-hours trading, RLMD was up 40 cents a share.

  Tape Action

  RLMD's tape action shows the recent block trades.

  One can see the price for the blocks falling from $29.35 in the prior session to as low as $26.10.

  A key bearish trade came in the morning when a block of 2,162 shares traded at $28.59.

  That was down from the prior block the day before at $29.35 on 7,658 shares.

   Business

 RLMD is developing treatments for central nervous system disorders.

  Its product candidate includes dextromethadone.

  It is also working on a treatment for depression.

 Earnings:

  This year, analysts predict a loss of $6.06 a share compared with a loss of $3.81 the prior year.

  Looking out to 2022, they see a loss of $5.89 a share.

  For the upcoming second quarter, the Street expects a loss of $1.47 a share against a loss of 73 cents the year before.

Charts:  

   RLMD's daily chart shows the stock cutting through support with a big drop and expanding volume.

   The stock went through a 1-for-4 reverse back in 2020.

Strategy Opinion: TTD  is targeting RLMD for a decline to $22 within the next few months, or sooner. A protective stop buy can be placed near 27.10.

Suitability:  Aggressive Bears.

  TTD's Stock Probability research of Prior Performance:  

   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. - 2021

    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.”

   For information to subscribe to the Ticker Tape Digest Services call: Beverly Owen at 1-480-704-3331.

   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.)