Mid-Day Breakouts Report - Tuesday, December 6th, 2022

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MIDDAY BREAKOUTS REPORT - TUESDAY, DECEMBER 6TH, 2022
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DOW 33739.25 -207.85 (-0.61%) | NASDAQ 11085.87 -154.06 (-1.37%) | S&P 500 3956.67 -42.17 (-1.05%)

Time of Screening : 12/6/2022 11:46:33 AM Report Released : 12/6/2022 12:36:09 PM
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
ENPH - NASDAQ Enphase Energy Inc	$313.35	-22.47 -6.69%	$335.00	2,521,210 63.88% of 50 DAV 50 DAV is 3,947,000	$339.92 -7.82%	10/26/2022	$301.55	PP = $324.94 MB = $341.19
Most Recent Note - 12/6/2022 12:10:04 PM Y - Pulling back today with volume-running at an above average pace. Stalled after hitting a new all-time high on 12/02/22 with a volume-driven gain above its pivot point. Faces no resistance due to overhead supply. Its 50 DMA line ($286.46) defines near-term support above the recent low ($262.60 on 11/07/22). Fundamentals remain strong. >>> The latest Featured Stock Update with an annotated graph appeared on 11/21/2022. Click here.
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TITN - NASDAQ Titan Machinery Inc	$41.23	-0.78 -1.85%	$42.79	163,016 92.10% of 50 DAV 50 DAV is 177,000	$44.35 -7.05%	11/30/2022	$40.10	PP = $38.68 MB = $40.61
Most Recent Note - 12/6/2022 12:28:19 PM Y - Pulling back below its "max buy" level today and its color code is changed to yellow, on track for a 4th consecutive loss with above average volume, consolidating after a technical breakout noted on 11/30/22. Prior high in the $38 area defines initial support to watch. Fundamentals remain strong after reporting Oct '22 quarterly earnings +91% on +47% sales revenues. >>> The latest Featured Stock Update with an annotated graph appeared on 11/30/2022. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ALGM - NASDAQ - Elec-Semiconductor Mfg Allegro Microsystems Inc	$32.56	+0.02 0.05%	$32.74	$38.28	-14.96%	411,652 49.01%	840,000
Most Recent Note for ALGM - 12/6/2022 11:58:00 AM Rebounding with volume-driven gains in recent weeks, rising toward multi-year highs in the $37-38 area after a deep 12-month consolidation. Still faces some overhead supply to act as resistance. New CEO in Jun '22. Quarterly comparisons through Sep '22 have been above the +25% minimum earnings guideline (C criteria). Annual earnings history has been strong since its $14 IPO in Oct '20.
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ASO - NASDAQ - Retail-Leisure Products Academy Sports & Outdoor	$48.58	+0.34 0.70%	$48.88	$52.34	-7.19%	719,049 45.92%	1,566,000
Most Recent Note for ASO - 12/6/2022 11:58:58 AM Consolidating well above its 50 DMA line after recently wedging to a new 52-week high. Noted with caution in prior mid-day reports - "Reported Jul and Apr '22 quarterly earnings lower than the year ago periods. Priced a Secondary Offering at a new all-time high on 9/15/21 and an earlier Secondary Offering on 1/29/21. Limited history is a concern since its $13 IPO on 10/02/20."
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AXON - NASDAQ - Security/Sfty Axon Enterprise Inc	$171.23	-12.78 -6.95%	$176.90	$193.85	-11.67%	349,743 64.89%	539,000
Most Recent Note for AXON - 12/6/2022 12:00:17 PM Gapped down today. The 12/01/22 mid-day report last cautioned members - "Quarterly comparisons through Sep '22 were not strong and steady above the +25% minimum earnings guideline. Still faces some 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."
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AZO - NYSE - RETAIL - Auto Parts Stores Autozone Inc	$2,388.72	-138.20 -5.47%	$2,499.50	$2,610.05	-8.48%	182,101 119.80%	152,000
Most Recent Note for AZO - 12/6/2022 12:03:51 PM Gapped down today, abruptly retreating near its 50 DMA line ($2,390). Reported Nov '22 quarterly earnings +9% on +9% sales revenues versus the year ago period. Made steady progress after last noted 9/20/22 as it tested its 200 DMA line. Quarterly earnings has been below the minimum +25% guideline (C criteria). It has a strong and steady annual earnings (A criteria) growth history. Already owned by 2,356 top-rated mutual funds.
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CCB - NASDAQ - Finance-Commercial Loans Coastal Financial Corp	$52.28	+0.47 0.90%	$52.91	$54.41	-3.92%	25,624 56.94%	45,000
Most Recent Note for CCB - 12/6/2022 12:04:23 PM No overhead supply remains after a streak of 6 consecutive gains. Rebounded above its 50 and 200 DMA lines with recently noted volume-driven gains. Reported strong Jun and Sep '22 quarterly results versus the year ago periods. Went through a long consolidation since completing a new Public Offering on 12/15/21. This thinly-traded Bank completed its $14.50 IPO on 7/18/18.
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CHDN - NASDAQ - LEISURE - Gaming Activities Churchill Downs Inc	$221.17	+1.31 0.59%	$221.52	$249.33	-11.30%	79,249 45.55%	174,000
Most Recent Note for CHDN - 12/6/2022 12:07:46 PM Reported Sep '22 earnings +1% on -3% sales revenues versus the year ago period. Prior quarterly comparisons were above the +25% minimum guideline (C criteria) but showed deceleration in its sales revenues growth rate. Annual earnings (A criteria) had a big downturn in FY '20. Dropped from the Featured Stocks list on 2/28/20.
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FUTU - NASDAQ - Finance-Invest Bnk/Bkrs Futu Holdings Cl A Ads	$67.46	+1.83 2.79%	$68.38	$70.52	-4.34%	2,167,155 87.63%	2,473,000
Most Recent Note for FUTU - 12/6/2022 12:10:54 PM Faces resistance due to overhead supply up to the $181 level. Prior mid-day reports noted - "Reported Sep '22 quarterly earnings +35% on +11% sales revenues versus the ear ago period, its 2nd strong quarterly comparison (C criteria) above the +25% minimum. Prior history is sub par. China-based Financial firm completed a new Public Offering on 8/18/20. Completed its $12 IPO on 3/08/19."
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GMAB - NASDAQ - Medical-Biomed/Biotech Genmab A/S Ads	$45.84	-0.20 -0.43%	$46.10	$47.50	-3.49%	297,184 47.40%	627,000
Most Recent Note for GMAB - 12/6/2022 12:12:48 PM Encountering distributional pressure this week. Steadily rebounded toward its all-time high since October, but prior mid-day reports noted - "Reported Sep '22 quarterly earnings +148% on +50% sales revenues versus the year ago period. Prior quarterly comparisons were erratic and its annual earnings (A criteria) had a downturn in FY'21. Limited history remains a concern and has not been a good match with the fundamental guidelines of the fact-based investment system."
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MNSO - NYSE - RETAIL - Discount, Variety Stores Miniso Group Hldg Cl A	$11.41	+0.27 2.44%	$11.90	$13.27	-14.00%	674,680 76.76%	879,000
Most Recent Note for MNSO - 12/6/2022 12:14:41 PM 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.
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ORLY - NASDAQ - RETAIL - Auto Parts Stores O Reilly Automotive Inc	$825.12	-17.98 -2.13%	$841.19	$870.92	-5.26%	237,956 49.89%	477,000
Most Recent Note for ORLY - 12/6/2022 12:16:21 PM Quietly pulling back since hitting a new all-time high last week. The 10/27/22 mid-day report last noted - "Reported earnings +14% on +9% sales revenues for the Sep '22 quarter versus the year ago period, its 3rd consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been strong and steady."
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PERI - NASDAQ - Comml Svcs-Advertising Perion Networks Ltd	$26.49	-1.21 -4.37%	$27.57	$28.25	-6.23%	208,523 49.06%	425,000
Most Recent Note for PERI - 12/6/2022 12:23:06 PM Pulling back today, but recently wedging up toward its high hit when last noted with caution in the 11/15/21 mid-day report. Some resistance remains due to overhead supply up to the $33 level. Reported Sep '22 quarterly earnings +53% on +31% sales revenues versus the year ago period. Prior quarterly earnings history (C criteria) has been above the +25% minimum. Annual earnings (A criteria) history has been improving steadily after a downturn from FY '15-18.
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SMCI - NASDAQ - COMPUTER HARDWARE - Networking &; Communication Dev Super Micro Computer Inc	$84.24	+0.93 1.12%	$84.24	$95.22	-11.53%	412,484 54.06%	763,000
Most Recent Note for SMCI - 12/6/2022 12:25:11 PM Pulling back from its all-time high hit last week after a spurt of volume-driven gains. Extended from the prior high ($74.93 on 8/25/22) and its 50 DMA line ($71.80) which define near-term support to watch. Reported Sep '22 quarterly earnings +490% on +79% sales revenues versus the year ago period, its 4th strong quarterly earnings increase well above the +25% minimum guideline (C criteria). Its annual earnings history (A criteria) had a downturn in FY '21.
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TIPT - NASDAQ - Financial Svcs-Specialty Tiptree Financial Cl A	$14.21	+0.22 1.57%	$14.36	$14.30	-0.63%	29,330 48.88%	60,000
Most Recent Note for TIPT - 12/6/2022 12:26:13 PM Fundamental concerns remain. Making steady progress in recent weeks but it faces resistance due to overhead supply up to the $17 level.
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TME - NYSE - INTERNET - Content Tencent Music Entertainment Group ADS	$7.63	+0.24 3.18%	$7.70	$7.69	-0.85%	8,237,028 73.15%	11,260,000
Most Recent Note for TME - 12/6/2022 12:31:04 PM Recent volume-driven gains have been noted as an impressive spurt. Fundamental concerns remain, as prior mid-day reports repeatedly cautioned members. Reported Sep '22 quarterly earnings +33% on -15% sales revenues versus the year ago period. Noted with caution on 3/23/21 when hitting a new all-time high with its 6th consecutive volume-driven gain. Completed its $13 IPO on 12/12/18.
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TTE - NYSE - Oil&Gas-Integrated Totalenergies S E Adr	$60.44	+0.67 1.12%	$60.95	$62.72	-3.64%	995,800 46.23%	2,154,000
Most Recent Note for TTE - 12/6/2022 12:32:49 PM Stalled after wedging to a new 52-week high last week with gains lacking volume conviction. Recent quarterly comparisons through Sep '22 showed strong sales revenues and earnings increases over the year ago periods. Up and down annual earnings (A criteria) history leaves fundamental concerns.
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VIPS - NYSE - Retail-Internet Vipshop Holdings Ltd Ads	$12.74	+0.36 2.87%	$12.75	$12.59	1.15%	4,398,785 80.26%	5,481,000
Most Recent Note for VIPS - 12/6/2022 12:33:27 PM On track today for a 7th consecutive volume-driven gain. Prior mid-day reports noted - "Reported earnings +57% on -21% sales revenues for the Sep '22 quarter versus the year ago period. Prior quarterly comparisons had earnings below the +25% minimum guideline (C criteria) with waning sales revenues. Went through a deep pullback from its $46 all-time high in Mar '21, a considerable rally from its Mar '12 IPO at a split-adjusted $0.70 per share. Completed a Secondary offering on 3/11/14."
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VOC - NYSE - Oil&Gas-Royalty Trust V O C Energy Trust	$8.60	-0.46 -5.08%	$9.20	$10.06	-14.51%	100,120 55.62%	180,000
Most Recent Note for VOC - 12/6/2022 12:35:04 PM Pulling back from near its 52-week high with today's 4th consecutive loss, slumping toward its 50 DMA line ($8.54). Prior mid-day reports noted - "Reported Sep '22 quarterly earnings +138% on +143% sales revenues versus the year ago period. Recent quarterly comparisons showed great percentage earnings increases over the year ago periods. Quarterly sales revenues totals have been in the $2-7 million range, rather minuscule relative to most publicly traded companies worthy of serious consideration under the fact-based investment system."
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