Mid-Day Breakouts Report - Tuesday, February 23rd, 2021

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MIDDAY BREAKOUTS REPORT - TUESDAY, FEBRUARY 23RD, 2021
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DOW 31364.82 -156.87 (-0.50%) | NASDAQ 13278.9 -254.15 (-1.88%) | S&P 500 3848.94 -27.56 (-0.71%)

Time of Screening : 2/23/2021 12:17:06 PM Report Released : 2/23/2021 1:29:12 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 90% 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
SHOP - NYSE Shopify Inc	$1,307.82	-73.48 -5.32%	$1,311.08	2,235,491 167.45% of 50 DAV 50 DAV is 1,335,000	$1,499.75 -12.80%	2/2/2021	$1,218.72	PP = $1,285.28 MB = $1,349.54
Most Recent Note - 2/23/2021 1:19:02 PM G - Gapped down today and undercut the prior high ($1,285 on 12/22/20) raising concerns, yet it found prompt support near its 50 DMA line ($1,219). Reported Dec '20 quarterly earnings +267% on +94% sales revenues versus the year ago period. >>> The latest Featured Stock Update with an annotated graph appeared on 2/3/2021. Click here.
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TEAM - NASDAQ Atlassian Corp Plc	$235.73	-5.28 -2.19%	$238.83	1,667,159 118.81% of 50 DAV 50 DAV is 1,403,200	$262.40 -10.16%	10/12/2020	$193.77	PP = $199.60 MB = $209.58
Most Recent Note - 2/23/2021 1:24:48 PM G - Abruptly retreating from its all-time high with today's 2nd consecutive big loss on higher volume while undercutting 50 DMA line ($237.89). The recent low ($208.62 on 1/27/21) defines the next important near-term support to watch. Its current Relative Strength Rating is 65, below the +80 minimum guideline for buy candidates. Fundamental concerns remain after earnings rose +0% on +23% sales revenues for the Dec '20 quarter versus the year ago period, its 2nd comparison below the +25% minimum earnings guideline (C criteria). >>> The latest Featured Stock Update with an annotated graph appeared on 2/8/2021. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
BEKE - NYSE - Real Estate Dvlpmt/Ops Ke Holdings Inc Ads Cl A	$69.62	-7.07 -9.22%	$74.55	$79.40	-12.32%	5,814,271 154.02%	3,775,000
Most Recent Note for BEKE - 2/23/2021 12:19:24 PM Pulling back today after challenging prior highs with a volume-driven gain on the prior session when noted with caution in the mid-day report - "Reported strong Jun and Sep '20 quarterly results but its limited history remains a concern for this China-based firm. Completed its $20 IPO on 8/13/20 and an additional Public Offering on 11/19/20."
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BIDU - NASDAQ - INTERNET - Internet Information Providers Baidu Inc Ads	$310.18	-25.61 -7.63%	$317.35	$354.82	-12.58%	9,991,393 93.19%	10,721,000
Most Recent Note for BIDU - 2/23/2021 12:22:12 PM Pulling back from its 52-week high with today's loss following a "negative reversal" on the prior session after an impressive spurt of gains. Noted with caution in recent mid-day reports - "Reported Dec '20 quarterly earnings -19% on +12% sales revenues versus the year ago period and fundamental concerns remain. Went through a long and deep consolidation since dropped from the Featured Stocks list on 1/16/15."
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CAI - NYSE - Comml Svcs-Leasing CAI International Inc	$45.66	-1.68 -3.55%	$47.03	$48.75	-6.34%	219,020 97.78%	224,000
Most Recent Note for CAI - 2/23/2021 12:31:09 PM Reported Dec '20 quarterly earnings +202% on +11% sales revenues versus the year ago period. Perched neat its 52-week high with today's loss following 4 big volume-driven gains in a row. Found support recently near its 50 DMA line. Fundamental concerns remain as prior earnings history is not a match with the guidelines (C and A criteria) of the fact-based investment system.
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CDNS - NASDAQ - Computer Sftwr-Design Cadence Design Systems	$132.30	-0.86 -0.65%	$135.89	$149.08	-11.26%	1,350,360 92.55%	1,459,000
Most Recent Note for CDNS - 2/23/2021 12:34:22 PM Pulled back from its all-time high and violated its 50 DMA line ($134) with today's 2nd consecutive volume-driven loss. Fundamental concerns remain. Reported earnings +54% on +27% sales revenues for the Dec '20 quarter, its 2nd consecutive quarterly earnings increase above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been strong and steady.
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CHGG - NYSE - Consumer Svcs-Education Chegg Inc	$99.16	-4.62 -4.45%	$102.18	$115.21	-13.93%	1,772,634 91.04%	1,947,000
Most Recent Note for CHGG - 2/23/2021 12:41:36 PM A "negative reversal" was noted at its all-time high on 2/16/21 and has been followed by more damaging losses while it priced a new Public Offering on 2/18/21. Prior mid-day reports noted - "Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Reported Dec '20 quarterly earnings +57% on +64% sales revenues versus the year ago period, a noted improvement after sub par Sep '20 quarterly results. Showed resilience and managed a choppy advance since 9/03/20 when dropped from the Featured Stocks list.
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FFHL - NASDAQ - Chemicals-Plastics Fuwei Films Holdings Co	$13.95	-0.81 -5.50%	$17.12	$14.83	-5.94%	140,390 200.56%	70,000
Most Recent Note for FFHL - 2/23/2021 12:49:31 PM Spiked to another new high today but reversed into the red after an impressive streak of volume-driven gains. The 12/30/20 mid-day report last noted - "This Chinese Chemicals - Plastics firm's fundamentals are not a match with the fact-based investment system's guidelines (C and A criteria)."
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FIVN - NASDAQ - Computer Sftwr-Enterprse Five9 Inc	$178.78	+12.00 7.19%	$184.71	$194.04	-7.87%	1,674,508 258.01%	649,000
Most Recent Note for FIVN - 2/23/2021 12:52:11 PM Rebounding above its 50 DMA line ($173) promptly today after a damaging volume-driven loss. Made gradual progress since noted in the 10/30/20 mid-day report. Reported Dec '20 quarterly earnings +26% on +39% sales revenues versus the year ago period, its 2nd strong comparison. Prior 4 quarterly earnings increases were below the +25% minimum guideline (C criteria).
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FTNT - NASDAQ - Computer Sftwr-Security Fortinet Inc	$166.55	-3.80 -2.23%	$167.81	$172.41	-3.40%	1,176,557 107.45%	1,095,000
Most Recent Note for FTNT - 2/23/2021 12:56:15 PM Stayed well above its 50 DMA line ($150) and it is extended from any sound base, perched near its 52-week high after wedging higher. However its Relative Strength Rating is 71, well below the 80+ minimum guideline for buy candidates. Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Its Dec '20 quarterly report of earnings +38% on +21% sales revenues versus the year ago period continued its strong earnings track record.
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INMD - NASDAQ - Medical-Systems/Equip Inmode Ltd	$69.26	-1.50 -2.11%	$70.60	$73.00	-5.13%	807,125 121.19%	666,000
Most Recent Note for INMD - 2/23/2021 12:57:57 PM Hovering near its 52-week high in a tight range for the past 3 weeks. Prior mid-day reports noted - "Earnings improved +104% on +60% sales revenues in the Dec '20 quarter versus the year ago period. Prior earnings history is not a match with the fact-based investment system's fundamental guidelines (C and A criteria). Went through a deep consolidation and rebounded impressively since noted with caution in the 11/29/19 mid-day report - 'Limited history is a concern for this Israel-based Medical - Systems/Equipment firm since its $14 IPO on 8/08/19.'"
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LOGI - NASDAQ - COMPUTER HARDWARE - Computer Peripherals Logitech Intl Sa	$108.83	-4.19 -3.71%	$109.43	$120.24	-9.49%	1,136,496 143.32%	793,000
Most Recent Note for LOGI - 2/23/2021 1:01:19 PM Pulled back abruptly from its all-time high and found prompt support today near its 50 DMA ($103.38) line. Last noted in the 1/21/21 mid-day report - "Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Reported Dec '20 quarterly earnings +192% on +85% sales revenues versus the year ago period, its 3rd strong quarter, and sequential comparisons show encouraging acceleration in its sales revenues growth rate helping this Switzerland-based Computer - Hardware/Peripherals firm satisfy the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been strong.
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LORL - NASDAQ - TELECOMMUNICATIONS - Wireless Equipment Loral Space & Communicat	$42.24	-0.61 -1.42%	$42.51	$42.99	-1.74%	243,073 113.06%	215,000
Most Recent Note for LORL - 2/23/2021 1:02:35 PM Hovering near multi-year highs after a streak of gains, the 2/10/21 mid-day report last cautioned members - "Quarterly and annual earnings (C and A criteria) history has been erratic."
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MCB - NYSE - Banks-Northeast Meteropolitan Bank Hldg	$50.60	+0.65 1.30%	$50.75	$52.50	-3.62%	53,196 108.56%	49,000
Most Recent Note for MCB - 2/23/2021 1:03:00 PM Perched near its 52-week high today, stubbornly holding its ground following an impressive streak of gains. Reported earnings +49% on +2% sales revenues for the Dec '20 quarter versus the year ago period. The 3 latest quarterly comparisons have shown strong earnings growth above the +25% minimum guideline (C criteria), but sub par sales revenues growth leaves fundamental concerns. Its annual earnings (A criteria) history has been strong since its $35 IPO on November 8, 2017.
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MVBF - NASDAQ - Banks-Southeast MVB Financial Corp	$29.84	-1.66 -5.27%	$30.68	$31.82	-6.22%	38,906 97.27%	40,000
Most Recent Note for MVBF - 2/23/2021 1:04:53 PM Thinly traded Bank hit new 52-week high and all-time highs with 2 consecutive big volume-driven gains. The past 3 quarterly comparisons through Dec '20 had earnings increases above the +25% minimum guideline (C criteria). Annual earnings history (A criteria) has been a good match with the fundamental guidelines of the fact-based investment system. Lack of sales revenues growth is a cause for concern.
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NVMI - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Nova Ltd	$80.01	-1.55 -1.90%	$82.33	$86.51	-7.51%	178,061 148.38%	120,000
Most Recent Note for NVMI - 2/23/2021 1:07:56 PM This Semiconductor Equipment firm headquartered in Israel is pulling back from its all-time high hit last week. Reported Dec '20 quarterly earnings +8% on +18% sales revenues versus the year ago period, breaking a streak of 3 consecutive quarterly comparisons above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain because its annual earnings history (A criteria) has been up and down.
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PANW - NYSE - Computer Sftwr-Security Palo Alto Networks	$374.64	-9.71 -2.53%	$384.99	$403.00	-7.04%	1,588,952 132.74%	1,197,000
Most Recent Note for PANW - 2/23/2021 1:10:32 PM Pulled back and undercut its 50 DMA line ($363) earlier today but found prompt support. Recently wedged to new all-time highs with gains backed by lackluster volume. Reported Jan '21 earnings +30% on +25% sales revenues versus the year ago period, its 2nd strong quarterly comparison. Prior quarterly comparisons were sub par and lower than the year-ago periods, well below the +25% minimum earnings guideline (C criteria). Went through a deep and choppy consolidation and rebounded impressively since dropped from the Featured Stocks list on 5/13/19.
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PRIM - NASDAQ - DIVERSIFIED SERVICES - Technical Services Primoris Services Corp	$35.69	+2.19 6.54%	$36.26	$33.74	5.78%	330,012 124.06%	266,000
Most Recent Note for PRIM - 2/23/2021 1:12:52 PM Hitting new 52-week and all-time highs with today's 3rd consecutive volume-driven gain. Reported Dec '20 quarterly earnings +25% on +14% sales revenues versus the year ago period. Made gradual progress since noted in with caution in the 12/25/20 mid-day report - "Prior quarterly and annual earnings (C and A criteria) history is not a great match with the fact-based investment system's guidelines. The Building - Heavy Construction firm is one of the largest specialty contractors and engineering companies in the Western United States primarily serving the growing power and energy sectors."
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SCCO - NYSE - Mining-Metal Ores Southern Copper Corp	$78.33	-3.21 -3.93%	$79.94	$83.15	-5.80%	857,702 93.33%	919,000
Most Recent Note for SCCO - 2/23/2021 1:14:18 PM Pulling back today after hitting a new 52-week high with a streak of 6 consecutive volume-driven gains. The 2/22/21 mid-ay report noted - "Reported strong Dec '20 quarterly results, its 2nd comparison above the +25% minimum earnings guideline (C criteria). Prior quarterly and annual earnings history is not a match with the fact-based investment system's fundamental guidelines."
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SCU - NYSE - Finance-Investment Mgmt Sculptor Capital Management	$25.59	+0.47 1.87%	$26.37	$28.74	-10.96%	229,643 125.49%	183,000
Most Recent Note for SCU - 2/23/2021 1:15:58 PM Reported strong Dec '20 quarterly results but fundamental concerns remain. Rebounding near its 2020 high with today's 9th consecutive gain.
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SCX - NYSE - MANUFACTURING - Small Tools & Accessories Starrett L S Co	$6.94	+0.81 13.12%	$7.00	$6.20	11.94%	60,523 403.49%	15,000
Most Recent Note for SCX - 2/23/2021 1:17:27 PM Spiking to a new 52-week high with heavy volume behind today's 7th consecutive gain. The 2/22/21 mid-day report cautioned members - "Reported great earnings in the Sep and Dec '20 quarters, but waning sales revenues and its erratic history leave fundamental concerns."
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SQ - NYSE - Finance-CrdtCard/PmtPr Square Inc	$253.69	-14.40 -5.37%	$258.97	$283.19	-10.42%	9,597,884 103.49%	9,274,000
Most Recent Note for SQ - 2/23/2021 1:21:17 PM Abruptly retreated from its all-time high and tested support at its 50 DMA line ($234) with above average volume behind today's damaging loss. Due to report Dec '20 quarterly results. Prior mid-day reports repeatedly cautioned members - "Fundamental concerns remain. Reported earnings +36% on +140% sales revenues for the Sep '20 quarter versus the year ago period. Prior quarterly earnings comparisons were not strong and steady above the +25% minimum guideline (C criteria). Went through a choppy consolidation and rallied impressively since dropped from the Featured Stocks list on 4/25/18."
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TBBK - NASDAQ - BANKING - Regional - Mid-Atlantic Banks Bancorp Inc	$19.85	-0.79 -3.83%	$20.73	$21.42	-7.33%	412,140 101.76%	405,000
Most Recent Note for TBBK - 2/23/2021 1:22:23 PM Hovering near its 52-week high today holding its ground stubbornly following volume-driven gains. Prior mid-day reports noted - "Fundamentals are not a match with the minimum guidelines (C and A criteria) for buy candidates. It was dropped from the Featured Stocks list on 10/31/13."
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TER - NYSE - ELECTRONICS - Semiconductor Equipment & Mate Teradyne Inc	$127.46	-4.93 -3.72%	$131.89	$147.90	-13.82%	1,721,749 94.86%	1,815,000
Most Recent Note for TER - 2/23/2021 1:27:07 PM Today's big volume-driven loss is retesting its 50 DMA line ($127.65). It has not formed a sound base. Rebounded and rallied impressively after prior damaging losses raised concerns and triggered a technical sell signal when dropped from the Featured Stocks list on 1/29/21.
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TGH - NYSE - TRANSPORTATION - Logistics Textainer Group Holdings	$27.23	-0.28 -1.02%	$27.40	$27.98	-2.68%	469,226 113.89%	412,000
Most Recent Note for TGH - 2/23/2021 1:27:25 PM Hitting another new 52-week high with today's 5th consecutive volume-driven gain. Reported Dec '20 quarterly earnings +326% on +7% sales revenues versus the year ago period, its 3rd strong earnings comparison. Sub par sales revenues growth (waning in 5 prior quarters) has been a concerns with regard to the fact-based investment system's fundamental guidelines. Annual earnings (A criteria) history has been strong after a downturn and loss in FY '16.
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ZBRA - NASDAQ - COMPUTER HARDWARE - Computer Peripherals Zebra Tech Corp Cl A	$494.37	+6.06 1.24%	$496.73	$494.91	-0.11%	448,368 132.65%	338,000
Most Recent Note for ZBRA - 2/23/2021 1:29:06 PM Stubbornly holding its ground in recent weeks and hitting another new all-time high with today's volume driven gain. Reported earnings +25% on +10% sales revenues for the Dec '20 quarter versus the year ago period. Fundamental concerns remain. It was dropped from the Featured Stocks list on 5/09/19. Earnings for the 7 prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria).
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