Mid-Day Breakouts Report - Wednesday, February 8th, 2023

<<<Previous Mid Day Report	Next Mid Day Report >>>
<<<Previous After Market Report	Next After Market Report >>>

You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Sunday, October 20, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

MIDDAY BREAKOUTS REPORT - WEDNESDAY, FEBRUARY 8TH, 2023
Previous Mid Day Report Next Mid Day Report >>>

DOW 34048.85 -107.84 (-0.32%) | NASDAQ 11986.52 -127.26 (-1.05%) | S&P 500 4136.59 -27.41 (-0.66%)

Time of Screening : 2/8/2023 11:16:04 AM Report Released : 2/8/2023 11:50:20 AM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 45% of 50 Day Average at the time of the screening.
More details about this report...

To View Current Notes and Data on currently Featured Stocks go to the latest
Featured Stocks Page

Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (50 DAV)	52 Wk Hi % From Hi	Date Featured	Price Featured	Pivot Point
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (50 DAV)	52 Wk Hi % From Hi	Date Featured	Price Featured	Max Buy
GPK - NYSE Graphic Packaging Hldg	$22.96	+0.82 3.68%	$23.14	2,248,351 71.16% of 50 DAV 50 DAV is 3,159,500	$24.20 -5.14%	10/25/2022	$22.75	PP = $24.17 MB = $25.38
Most Recent Note - 2/8/2023 11:23:42 AM Y - Color code is changed to yellow as it is promptly rebounding back above its 50 DMA line with today's gain helping its outlook improve. After challenging its pivot point last week members were again reminded - "Disciplined investors know that gains above a stock's pivot point must be backed by at least +40% above average volume to trigger a proper technical buy signal." >>> The latest Featured Stock Update with an annotated graph appeared on 1/27/2023. Click here.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
PERI - NASDAQ Perion Networks Ltd	$30.64	-2.90 -8.65%	$33.23	1,214,925 236.37% of 50 DAV 50 DAV is 514,000	$35.16 -12.86%	1/25/2023	$31.79	PP = $33.19 MB = $34.85
Most Recent Note - 2/8/2023 11:43:53 AM Y - Pulling back considerably today for a damaging 4th consecutive loss marked by above average volume. Color code is changed to yellow after slumping back below its "max buy" level, but it has also slumped below the prior high ($33) raising concerns. The next important suppport to watch is its 50 DMA line ($28.40). >>> The latest Featured Stock Update with an annotated graph appeared on 1/25/2023. Click here.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M

Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AXON - NASDAQ - Security/Sfty Axon Enterprise Inc	$187.02	-1.57 -0.83%	$189.57	$204.99	-8.77%	290,719 47.97%	606,000
Most Recent Note for AXON - 2/8/2023 11:17:29 AM Undercut its 50 DMA line ($179.58) on the prir session then rebounded above it. The 1/30/23 mid-day report noted - "It faces little resistance due to overhead supply up to the $212 level. Went through a deep consolidation since dropped from the Featured Stocks list on 3/04/21. Quarterly comparisons through Sep '22 were not strong and steady above the +25% minimum earnings guideline."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CMG - NYSE - LEISURE - Restaurants Chipotle Mexican Grill	$1,641.99	-80.87 -4.69%	$1,669.45	$1,754.56	-6.42%	245,080 88.48%	277,000
Most Recent Note for CMG - 2/8/2023 11:20:27 AM Reported Dec '22 quarterly earnings +49% on +11% sales revenues versus the year ago period, its 3rd consecutive quarterly comparison above the +25% minimum (C criteria). Its annual earnings (A criteria) history included a downturn in FY '20 followed by much stronger FY '21 and '22 results. Already owned by 2,072 top rated funds as of Dec '22.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
DT - NYSE - Computer Sftwr-Enterprse Dynatrace Inc	$44.28	-3.69 -7.69%	$45.14	$49.55	-10.64%	4,780,915 223.09%	2,143,000
Most Recent Note for DT - 2/8/2023 11:21:55 AM Reported Dec '22 quarterly earnings +39% on +24% sales revenues versus the year ago period, but prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). On 5/04/21 it was dropped from the Featured Stocks list.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
ICHR - NASDAQ - ELECTRONICS - Semiconductor Equipment Ichor Holdings Ltd	$38.31	+2.64 7.40%	$39.73	$42.50	-9.86%	177,755 102.16%	174,000
Most Recent Note for ICHR - 2/8/2023 11:26:28 AM Faces resisatnce due to overhead supply. Reported Dec '22 quarterly earnings -20% on +5% sales revenues versus the year ago period. Downturn in FY '19 earnings has been followed by stronger earnings.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
JFIN - NASDAQ - Financial Svcs-Specialty Jiayin Group Cl A	$3.27	-0.19 -5.49%	$3.46	$3.79	-13.72%	28,181 70.45%	40,000
Most Recent Note for JFIN - 2/8/2023 11:26:45 AM Quarterly earnings comparisons through Sep '22 have been strong versus the year ago period. There was a downturn in FY '19 and '20 earnings, and fundamental concerns remain.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
KE - NASDAQ - ELECTRONICS - Printed Circuit Boards Kimball Electronics Inc	$25.78	-1.22 -4.52%	$27.16	$28.18	-8.52%	47,608 59.51%	80,000
Most Recent Note for KE - 2/8/2023 11:28:56 AM Gapped down today retreating from its 52-week high. Recent quarterly earnings increases for Sep and Dec '22 have been strong. Prior quarterly comparisons had sub par sales revenues growth and its up and down annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
MCFT - NASDAQ - Leisure-Products Mastercraft Boat Holdings Inc	$33.60	+2.34 7.49%	$33.82	$31.43	6.90%	103,899 81.81%	127,000
Most Recent Note for MCFT - 2/8/2023 11:30:09 AM Powering higher today. Reported Dec '22 quarterly earnings below the +25% minimum earnings guideline (C criteria) and fundamental concerns remain. Annual earnings had a downturn in FY '20. Went through a long consolidation since noted with caution at multi-year highs in the 5/14/21 mid-day report. Completed a Secondary Offering on 12/08/16. Completed its $10 IPO on 7/17/15.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
MNSO - NYSE - RETAIL - Discount, Variety Stores Miniso Group Hldg Cl A	$15.66	-0.32 -1.97%	$16.07	$16.47	-4.95%	513,362 56.79%	904,000
Most Recent Note for MNSO - 2/8/2023 11:31:03 AM Perched near its 52-week high today following a recent spurt of gains but it still faces resistance due to overhead supply. Prior mid-day reports noted - "Quarterly and annual earnings history has not been strong and steady while sales revenues have been waning. Faces resistance due to overhead supply up to the $35 level."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
NGVT - NYSE - Chemicals-Specialty Ingevity Corporation	$88.80	-0.69 -0.77%	$89.34	$89.59	-0.88%	103,612 61.31%	169,000
Most Recent Note for NGVT - 2/8/2023 11:33:16 AM Perched at its 52-week high folllowing volume-driven gains. Reported Sep '22 quarterly earnings +29% on +28% sales revenues versus the yearago period. Prior quarterly earnings increases have not been strong and steady above the +25% minimum guideline (C criteria).
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
PANL - NASDAQ - Transportation-Ship Pangaea Logistics Solutions	$6.16	+0.14 2.33%	$6.30	$7.05	-12.62%	133,865 91.69%	146,000
Most Recent Note for PANL - 2/8/2023 11:34:23 AM Reported Sep '22 quarterly earnings +8% on -13% sales revenues versus the year ago period, breaking a streak of very strong comparisons. Fundamental concerns remain due to its up and down annual earnings (A criteria) history.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
PRMW - NASDAQ - Beverages-Non-Alcoholic Primo Water Corp	$16.01	+0.25 1.59%	$16.09	$16.53	-3.15%	428,769 56.87%	754,000
Most Recent Note for PRMW - 2/8/2023 11:44:42 AM Noted with caution in prior mid-day reports - "Reported earnings +0% on +6% sales revenues for the Sep '22 quarter versus the year ago period. Quarterly and annual earnings (C and A criteria) history has been erratic and not a match with the fact-based investment system's fundamental guidelines. Completed a new Public Offering on 5/18/18."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
TFII - NYSE - Transportation-Truck TFI International Inc	$124.32	-0.39 -0.31%	$125.31	$124.83	-0.41%	164,360 76.80%	214,000
Most Recent Note for TFII - 2/8/2023 11:45:29 AM Hit a new all-time high on the prior session with a solid volume-driven gain, so no resistance remains due to overhead supply. Reported Dec '22 quarterly earnings +10% on -9% sales revenues versus the year ago period, breaking a streak of 7 strong quarterly comparisons. Fundamental concerns remain. This Canada-based Transportation - Truck and logistics services firm had a downturn in FY '20 annual earnings. Went through a deep consolidation since noted with caution in the 2/09/22 mid-day report.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
VSH - NYSE - ELECTRONICS - Diversified Electronics Vishay Intertechnology	$21.02	-3.00 -12.49%	$23.24	$24.48	-14.13%	833,001 104.78%	795,000
Most Recent Note for VSH - 2/8/2023 11:49:08 AM Reported earnings +11% on +1% sales revenues for the Dec '22 quarter versus the year ago period. Prior quarterly comparisons showed sequential deceleration in sales revenues and earnings growth while earnings increases were above the +25% minimum guideline (C criteria). Up and down annual earnings (A criteria) history is below guidelines of the fact-based investment system.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
WERN - NASDAQ - TRANSPORTATION - Trucking Werner Enterprises Inc	$47.74	-1.39 -2.83%	$49.79	$50.31	-5.11%	235,859 45.71%	516,000
Most Recent Note for WERN - 2/8/2023 11:50:13 AM Retreating from its all-time high hit ast week after a 20-month consolidation. Recent quarterly comparisons through Dec '22 showed earnings increases below the +25% minimum (C criteria). Annual earnings history (A criteria) is not a great match with the fact-based investment system's fundamental guidelines.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M

THESE ARE NOT BUY RECOMMENDATIONS! Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. We are not an investment advisor, hence it does not endorse or recommend any securities or other investments. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time. Questions or comments may be submitted by writing to FactBasedInvesting.com c/o Premium Member Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 954-785-1121.

We appreciate any feedback members may wish to send via the inquiry form here.