Mid-Day Breakouts Report - Wednesday, June 24th, 2020

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MIDDAY BREAKOUTS REPORT - WEDNESDAY, JUNE 24TH, 2020
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DOW 25336.66 -819.44 (-3.13%) | NASDAQ 9851.85 -279.52 (-2.76%) | S&P 500 3034.39 -96.9 (-3.09%)

Time of Screening : 6/24/2020 12:17:37 PM Report Released : 6/24/2020 12:46:04 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 57.5% 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
DOCU - NASDAQ Docusign Inc	$166.10	-0.70 -0.42%	$172.21	3,121,062 70.18% of 50 DAV 50 DAV is 4,447,000	$171.20 -2.98%	6/10/2020	$149.73	PP = $152.10 MB = $159.71
Most Recent Note - 6/24/2020 12:25:01 PM G - Pulling back after getting extended from the recently noted new base. Prior high ($152 on 6/02/20) defines initial support to watch well above its 50 DMA line ($129). >>> The latest Featured Stock Update with an annotated graph appeared on 6/10/2020. Click here.
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GDDY - NYSE Godaddy Inc	$76.89	-5.82 -7.04%	$83.01	994,527 72.54% of 50 DAV 50 DAV is 1,371,000	$84.49 -9.00%	6/2/2020	$79.62	PP = $82.40 MB = $86.52
Most Recent Note - 6/24/2020 12:30:35 PM Y - Abruptly retreating today following 8 consecutive gains. On the prior session it hit a new 52-week high but finished near the session low. Subsequent gains above the pivot point backed by at least +40% above average volume are needed to clinch a convincing technical buy signal. It previously met stubborn resistance in the $82-84 area. See the latest FSU analysis for more details and an annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 6/23/2020. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AAPL - NASDAQ - COMPUTER HARDWARE - Personal Computers Apple Inc	$359.70	-6.83 -1.86%	$368.79	$372.38	-3.41%	22,789,914 63.58%	35,842,000
Most Recent Note for AAPL - 6/24/2020 12:19:02 PM Pulling back today after hitting yet another new all-time high on the prior session. Reported earnings +4% on +1% sales for the Mar '20 quarter, and prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria) of the fact-based system. The number of top-rated funds owning its shares rose from 4,946 in Jun '19 to 5,341 in Mar '20. Companies currently on the Featured Stocks list are ideal candidates fitting the fact-based investment system's guidelines before becoming heavily owned by the institutional crowd.
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AMRC - NYSE - ENERGY - Alternative Ameresco Inc Cl A	$25.49	-0.32 -1.24%	$25.79	$26.19	-2.67%	208,511 91.45%	228,000
Most Recent Note for AMRC - 6/24/2020 12:19:50 PM Challenged its 52-week high on the prior session with a 4th consecutive volume-driven gain. Reported earnings +650% on +42% sales revenues for the Mar '20 quarter. Prior earnings history is not a match with the fact-based investment system's guidelines.
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AVAV - NASDAQ - AEROSPACE/DEFENSE - Aerospace/Defense Products &; Services Aerovironment Inc	$71.05	-0.86 -1.20%	$75.90	$79.54	-10.67%	256,616 118.80%	216,000
Most Recent Note for AVAV - 6/24/2020 12:22:07 PM Fundamental concerns remain as quarterly comparisons have not been strong and steady above the +25% minimum earnings guideline (C criteria).
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CORT - NASDAQ - DRUGS - Biotechnology Corcept Therapeutics Inc	$16.63	-0.58 -3.37%	$17.55	$18.53	-10.25%	637,915 63.73%	1,001,000
Most Recent Note for CORT - 6/24/2020 12:23:03 PM Retreating for a 2nd consecutive loss after hitting a new 52-week high with a considerable volume-driven gain on when noted with caution in the 6/22/20 mid-day report - "Volume was above average during a recent handle-like consolidation, indicative of distributional pressure. Prior highs in the $17-19 area in recent years have acted as stubborn resistance after a long and choppy consolidation. Quarterly comparisons through Mar '20 have been above the +25% minimum guideline (C criteria) versus the year ago period. Annual earnings history (A criteria) has been strong."
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DLNG - NASDAQ - Transportation-Ship Dynagas Lng Partners LP	$3.62	-0.12 -3.21%	$3.83	$3.83	-5.48%	373,543 163.12%	229,000
Most Recent Note for DLNG - 6/24/2020 12:23:54 PM Holding its ground near its 52-week high following a recent spurt of impressive volume-driven gains. Fundamental concerns remain. This Monaco-based LP went through a deep pullback since noted with caution in the 4/17/17 mid-day report - "Quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system."
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DRD - NYSE - METALS & MINING - Gold Drdgold Ltd Adr	$14.15	-0.62 -4.20%	$15.09	$15.04	-5.92%	534,812 68.22%	784,000
Most Recent Note for DRD - 6/24/2020 12:25:40 PM Perched at its 52-week high following 8 consecutive volume-driven gains. Stubbornly held its ground following a volume-driven gain on 5/04/20. Due to report Mar '20 quarterly results. Quarterly comparisons through Dec '19 showed greatly improved sales revenues and strong earnings increases versus year ago losses. Fundamental concerns remain as noted in prior mid-day reports - "This low-priced South African company in the Mining - Gold/Silver/Gems group has an erratic earnings history, not a match with the fact-based investment system's guidelines."
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EXPI - NASDAQ - Real Estate Dvlpmt/Ops Exp Worldwide Holdings Inc	$15.06	-0.67 -4.26%	$15.87	$15.99	-5.82%	369,668 116.61%	317,000
Most Recent Note for EXPI - 6/24/2020 12:26:19 PM REIT is perched near its 52-week high following 4 consecutive volume-driven gains. Limited history and sub par fundamentals are a concern.
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FOCS - NASDAQ - Finance-Investment Mgmt Focus Financial Partners	$29.72	-2.88 -8.83%	$32.48	$34.96	-14.99%	167,838 57.68%	291,000
Most Recent Note for FOCS - 6/24/2020 12:27:35 PM Reported earnings +57% on +30% sales revenues for the Mar '20 quarter versus the year ago period, its 2nd strong quarter. Prior quarterly earnings increases were below the +25% minimum guideline (C criteria). Faces resistance due to overhead supply up to the $40 level.
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GAU - AMEX - Mining-Gold/Silver/Gems Galiano Gold Inc	$1.23	-0.04 -3.15%	$1.29	$1.33	-7.52%	505,290 83.52%	605,000
Most Recent Note for GAU - 6/24/2020 12:28:55 PM Still hovering near its 52-week high. Formerly known as Asanko Gold Inc (AKG), it has been stubbornly holding its ground following a spurt of volume-driven gains. Repeatedly noted in prior mid-day reports - "Fundamentals are sub par."
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INSU - NASDAQ - Finance-Blank Check Insurance Acquistion Corp	$12.30	-0.20 -1.60%	$12.60	$12.93	-4.87%	197,176 197.18%	100,000
Most Recent Note for INSU - 6/24/2020 12:31:12 PM Limited history for this thinly-traded Blank Check company.
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LVGO - NASDAQ - Medical-Products Livongo Health Inc	$72.01	-4.68 -6.10%	$76.78	$79.10	-8.96%	2,126,958 65.34%	3,255,000
Most Recent Note for LVGO - 6/24/2020 12:32:37 PM Pulling back today from a new all-time high after a streak of 8 consecutive gains. Very extended from prior highs in the $45 area. Reported strong Dec '19 and Mar '20 quarterly results versus the year ago periods but fundamental concerns remain. Digital health firm's limited history remains a concern. Went through a choppy consolidation since completing its $28 IPO on 7/25/20.
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MGIC - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software Magic Software Enter Ltd	$11.27	-0.51 -4.33%	$11.62	$12.39	-9.04%	41,506 81.38%	51,000
Most Recent Note for MGIC - 6/24/2020 12:33:35 PM Gapped down today retreating from near its 52-week high. Managed an impressive rebound in recent months. Prior mid-day reports repeatedly cautioned members - "Reported earnings +36% on +19% sales revenues for the Mar '20 quarter. This Israel-based Computer - Tech Services firm's prior quarterly earnings history has been below the +25% minimum guideline (C criteria). Its annual earnings (A criteria) history has been lackluster."
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MKSI - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate M K S Instruments Inc	$112.20	-1.76 -1.54%	$114.81	$122.30	-8.26%	284,517 76.28%	373,000
Most Recent Note for MKSI - 6/24/2020 12:34:50 PM Perched only -8.5% off its 52-week high. Recently tested support at its 200 DMA line. Reported earnings +38% on +16% sales revenues versus the year ago period for the Mar '20 quarter, but prior quarterly comparisons were negative, clearly not a match with the C criteria (+25% earnings increase). Annual earnings (A criteria) history has been up and down.
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NVMI - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Nova Ltd	$47.59	-0.43 -0.90%	$48.06	$51.23	-7.11%	84,313 61.99%	136,000
Most Recent Note for NVMI - 6/24/2020 12:35:31 PM This Semiconductor Equipment firm headquartered in Israel is extended from any sound base. Reported Mar '20 earnings +27% on +8% sales revenues versus the year ago period. Prior quarterly comparisons were negative, not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) has been up and down.
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PLMR - NASDAQ - INSURANCE - Property & Casualty Insurance Palomar Holdings Inc	$82.65	-0.96 -1.15%	$84.49	$87.14	-5.15%	418,462 104.10%	402,000
Most Recent Note for PLMR - 6/24/2020 12:37:49 PM Proposed another new Public Offering on 6/23/20 while hovering near its all-time high, stubbornly holding its ground. Reported earnings +32% on +70% sales revenues for the Mar '20 quarter versus the year ago period, its 3rd strong quarterly comparison above the +25% minimum guideline (C criteria). Limited history is a concern. Completed its $15 IPO on 4/17/19, a Secondary Offering on 9/25/19, and a new Public Offering on 1/10/20.
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RNG - NYSE - Computer Sftwr-Enterprse RingCentral Inc Cl A	$261.61	-16.87 -6.06%	$287.54	$292.48	-10.55%	818,585 71.55%	1,144,000
Most Recent Note for RNG - 6/24/2020 12:39:25 PM Consolidating above its 50 DMA line ($257), perched only -9.1% off its record high. Reported earnings +12% on +33% sales revenues for the Mar '20 quarter. Prior quarterly earnings increases were below the +25% minimum guideline although sales revenues growth remained strong. Annual earnings growth has been strong since turning a profitable FY '16 after shrinking losses in prior years.
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TMUS - NYSE - Telecom Svcs-Wireless T-Mobile U.S. Inc	$104.96	-2.20 -2.05%	$107.42	$110.46	-4.98%	30,405,042 551.32%	5,515,000
Most Recent Note for TMUS - 6/24/2020 12:42:20 PM Touched another new all-time high on the prior session with a volume-driven gain. Has a new CEO as of 4/01/20. A federal ruling in early February approved its merger with Sprint. Reported earnings +25% on +0% sales revenues for the Mar '20 quarter. Sub par sales revenues growth rate has been a noted concern while quarterly comparisons had earnings increases above the +25% minimum earnings guideline (C criteria). Annual earnings growth (A criteria) has been strong.
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WGO - NYSE - AUTOMOTIVE - Recreational Vehicles Winnebago Industries Inc	$64.85	-6.05 -8.53%	$69.33	$72.65	-10.74%	971,463 113.36%	857,000
Most Recent Note for WGO - 6/24/2020 12:45:15 PM Gapped down today retreating from its all-time high. Reported a loss of 26 cents per share versus $1.14 in earnings on -24% sales revenues for the May '20 quarter versus the year ago period. Prior quarterly comparisons were also well below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been good since a downturn in FY '15.
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