Mid-Day Breakouts Report - Tuesday, May 12th, 2020

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MIDDAY BREAKOUTS REPORT - TUESDAY, MAY 12TH, 2020
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DOW 24231.44 9.45 (0.04%) | NASDAQ 9212.83 20.49 (0.22%) | S&P 500 2928.21 -2.11 (-0.07%)

Time of Screening : 5/12/2020 11:57:20 AM Report Released : 5/12/2020 12:34:56 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
NOW - NYSE Servicenow Inc	$377.34	-6.31 -1.65%	$384.99	1,699,699 60.75% of 50 DAV 50 DAV is 2,798,000	$388.50 -2.87%	4/30/2020	$343.05	PP = $363.05 MB = $381.20
Most Recent Note - 5/12/2020 12:27:11 PM Y - Hovering near its all-time high and recently challenging its "max buy" level with gains backed by near average volume. Gains above the pivot point should be backed by at least +40% above average volume to clinch a proper technical buy signal. >>> The latest Featured Stock Update with an annotated graph appeared on 4/30/2020. Click here.
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SPNS - NASDAQ Sapiens Intl Corp	$26.92	+0.89 3.40%	$27.50	144,393 106.17% of 50 DAV 50 DAV is 136,000	$29.24 -7.95%	5/11/2020	$27.80	PP = $26.96 MB = $28.31
Most Recent Note - 5/12/2020 12:32:38 PM Y - On track today for a 4th consecutive gain with ever-increasing volume. Finished weak on the prior session after highlighted in yellow in the mid-day report with pivot point cited based on its 1/24/20 high plus 10 cents. Powered to a new 52-week high but promptly encountered distributional pressure. Due to report Mar '20 quarterly earnings news on 5/14/20. Volume and volatility often increase near earnings news. Reported earnings +31% on +18% sales revenues for the Dec '19 quarter versus the year ago period, its 5th consecutive quarterly comparison above the +25% minimum guideline (C criteria). This Israel-based Computer - Tech Services firm's annual earnings (A criteria) included a downturn in FY '17, however, it has a 91 Earnings Per Share rating. See the latest FSU analysis for more details and an annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 5/11/2020. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ACLS - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Axcelis Technologies Inc	$27.36	+0.35 1.30%	$27.64	$29.24	-6.43%	310,641 87.26%	356,000
Most Recent Note for ACLS - 5/12/2020 12:02:40 PM Rebounded impressively from the recent low. Reported earnings +83% on +30% sales revenues for the Mar '20 quarter versus the year ago period, but prior quarterly comparisons and annual earnings (C and A criteria) were not a match with the fundamental guidelines of the fact-based investment system.
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ACU - AMEX - HEALTH SERVICES - Medical Instruments & Supplies Acme United Corp	$23.21	+0.57 2.52%	$23.55	$24.92	-6.86%	8,931 59.54%	15,000
Most Recent Note for ACU - 5/12/2020 12:03:32 PM Consolidating above its 50 and 200 DMA lines which recently acted as support. The past 3 quarterly comparisons through Mar '20 showed earnings increases above the +25% minimum guideline (C criteria) with sales revenues growth rate showing acceleration. Annual earnings (A criteria) history has been up and down, not a match with the fundamental guidelines of the fact-based investment system.
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BMRN - NASDAQ - DRUGS - Drug Manufacturers - Other Biomarin Pharmaceutical	$98.51	+2.04 2.11%	$98.96	$99.60	-1.09%	1,465,955 84.69%	1,731,000
Most Recent Note for BMRN - 5/12/2020 12:07:31 PM Reported strong results for the Mar '20 quarter and recent comparisons show improved earnings increases. Annual earnings (A criteria)history has been strong. Faces some resistance due to overhead supply up to the $106 level.
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DDOG - NASDAQ - Computer Sftwr-Enterprse Datadog Inc	$67.34	+11.65 20.92%	$69.04	$57.18	17.77%	14,936,731 388.37%	3,846,000
Most Recent Note for DDOG - 5/12/2020 12:12:29 PM Gapped up today hitting a new all-time high with today's 4th consecutive volume-driven gain. Reported earnings in the Dec '19 and Mar '20 quarters with strong sales revenues growth. Produced losses in annual earnings history through '19. Limited history is a concerns since completing its $27 IPO on 9/19/19.
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DT - NYSE - Computer Sftwr-Enterprse Dynatrace Inc	$32.54	-0.97 -2.88%	$33.41	$37.07	-12.23%	2,497,616 113.84%	2,194,000
Most Recent Note for DT - 5/12/2020 12:15:08 PM Went through a deep consolidation since completing another Secondary Offering on 2/21/20 perched near its all-time high. Reported earnings +267% on +30% sales revenues for the Mar '20 quarter versus the year ago period but fundamental concerns remain. The 2/21/20 mid-day report last cautioned members - "Limited history is a concern since it completed its $16.00 IPO on 8/01/19 and a Secondary Offering on 12/06/19."
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DXCM - NASDAQ - Medical-Systems/Equip Dexcom Inc	$417.58	-3.78 -0.90%	$421.77	$428.00	-2.43%	1,352,282 67.95%	1,990,000
Most Recent Note for DXCM - 5/12/2020 12:16:19 PM Perched at its all-time high today after an impressive streak of 7 consecutive gains backed by ever-increasing volume. Very extended from any sound base. Stubbornly held its ground and rose further since noted in the 4/29/20 mid-day report with caution - "Reported strong earnings versus a loss for the year-ago quarter ended March 31, and prior quarterly comparisons have been strong with solid sales revenues growth. Annual earnings were strong for FY '18 and '19 after years of losses."
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ECOM - NYSE - Computer Sftwr-Enterprse ChannelAdvisor Corp	$12.87	-0.03 -0.23%	$12.97	$13.00	-1.00%	140,573 60.85%	231,000
Most Recent Note for ECOM - 5/12/2020 12:16:46 PM Showing bullish action since last week reporting Mar '20 quarterly earnings +326% on +1% sales revenues versus the year ago period. Faces little resistance due to overhead supply up to the $14 level. Prior mid-day reports noted - "Recent quarterly earnings increases have been strong through Dec '19, but with no sales revenues growth. Erratic annual earnings (A criteria)."
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ELMD - AMEX - Medical-Systems/Equip Electromed Inc	$18.09	+0.81 4.69%	$18.70	$19.73	-8.31%	252,188 157.62%	160,000
Most Recent Note for ELMD - 5/12/2020 12:18:04 PM Due to report earnings news after the close. Volume and volatility often increase near earnings news. Hitting yet another new 52-week high on the prior session. Stubbornly held its ground in recent weeks perched near its high. Found prompt support near its 200 DMA line and rebounded impressively. Reported earnings +250% on +7% sales revenues for the quarter ended December 31, 2019 versus the year ago period, a 2nd strong quarterly comparison. Prior quarterly earnings increases were below the fact-based system's +25% minimum guideline (C criteria).
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EQIX - NASDAQ - Finance-Property REIT Equinix Inc	$670.91	-7.09 -1.05%	$676.30	$715.75	-6.26%	815,791 120.15%	679,000
Most Recent Note for EQIX - 5/12/2020 12:19:29 PM Proposed a new Public Offering on 5/11/20 while hovering near its all-time high. Prior quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's guidelines.
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GAU - AMEX - Mining-Gold/Silver/Gems Galiano Gold Inc	$1.20	-0.01 -0.83%	$1.22	$1.28	-6.25%	336,861 59.94%	562,000
Most Recent Note for GAU - 5/12/2020 12:20:26 PM Perched at 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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LOGI - NASDAQ - COMPUTER HARDWARE - Computer Peripherals Logitech Intl Sa	$52.83	+1.73 3.38%	$53.99	$51.63	2.31%	1,748,722 409.54%	427,000
Most Recent Note for LOGI - 5/12/2020 12:22:23 PM Reported earnings +11% on +14% sales revenues for the Mar '20 quarter. Churning heavy volume and hitting a new all-time high. Fundamental concerns remain. Reported earnings +6% on +4% sales revenues for the Dec '19 quarter and prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). This Switzerland-based Computer - Hardware/Peripherals firm went through a deep "V" shaped pullback since challenging its all-time high in January after a deep 18-month consolidation.
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LVGO - NASDAQ - Medical-Products Livongo Health Inc	$58.99	+5.40 10.08%	$59.77	$56.63	4.17%	1,899,470 65.23%	2,912,000
Most Recent Note for LVGO - 5/12/2020 12:25:03 PM Hitting another new all-time high today, getting 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. Prior mid-day reports noted - "Digital health firm powered into new high territory with 5 consecutive gains this week backed by ever-increasing volume. Limited history remains a concern. Went through a choppy consolidation since completing its $28 IPO on 7/25/20."
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NOVT - NASDAQ - Elec-Scientific/Msrng Novanta Inc	$93.65	+5.74 6.53%	$98.80	$99.79	-6.15%	113,196 69.02%	164,000
Most Recent Note for NOVT - 5/12/2020 12:25:59 PM Rebounding near its 52-week high. Reported earnings -4% on -1% sales revenues for the Mar '20 quarter, and prior comparisons were below the +25% minimum earnings guideline (C criteria). Deceleration in its sales revenues growth rate was previously noted as a concern, fundamentally. Made choppy progress since dropped from the Featured Stocks list on 10/05/18.
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NPTN - NYSE - Electronic-Parts Neophotonics Corp	$9.43	+0.24 2.61%	$9.85	$9.99	-5.61%	932,335 94.27%	989,000
Most Recent Note for NPTN - 5/12/2020 12:28:21 PM Rebounding near its 52-week high with today's 5th consecutive volume-driven gain. Reported Mar '20 quarterly earnings of 17 cents per share on sales revenues +23% versus a year ago loss of 19 cents per share. Prior mid-day reports repeatedly cautioned members - "Earnings history has been erratic and is not a match with the fact-based investment system's fundamental guidelines."
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PFSW - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services P F S Web Inc	$5.96	+0.09 1.45%	$6.18	$6.06	-1.73%	209,219 321.88%	65,000
Most Recent Note for PFSW - 5/12/2020 12:29:27 PM Hitting a new 52-week high with today's 5th consecutive volume-driven gain, however, overhead supply remains to act as resistance. The prior mid-day report cautioned members - "Reported earnings +400% on +6% sales revenues for the Mar '20 quarter versus the year ago period. Prior quarterly and annual earnings (C and A criteria) and sales revenues growth history has not been a match with the fact-based investment system's fundamental guidelines."
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QDEL - NASDAQ - DRUGS - Diagnostic Substances Quidel Corp	$195.76	-13.19 -6.31%	$208.00	$210.81	-7.14%	1,172,305 152.64%	768,000
Most Recent Note for QDEL - 5/12/2020 12:30:26 PM Pulling back today after getting very extended from any sound base with a considerable gap up on the prior session. Reported Mar '20 quarterly earnings +34% on +18% sales revenues versus the year ago period, and sequential comparisons show encouraging acceleration in its sales revenues growth rate. This San Diego, CA based maker of rapid diagnostic tests for infectious diseases has earned a high Earnings Per Share rating of 96. Prior quarterly earnings comparisons were below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history include a slight downturn in FY '19 following strong earnings growth in FY '17 and '18.
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WSTG - NASDAQ - Wholesale-Electronics Wayside Tech Group Inc	$18.62	+0.02 0.11%	$18.91	$19.26	-3.32%	12,468 89.06%	14,000
Most Recent Note for WSTG - 5/12/2020 12:33:36 PM Holding its ground stubbornly near its 52-week high today after big volume-driven gains. Reported earnings +50% on +40% sales revenues versus the year ago period. Prior mid-day reports cautioned members - "Earnings history is not a match with the fact-based investment system's guidelines (C and A criteria)."
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ZYXI - NASDAQ - Medical-Products Zynex Inc	$20.10	-1.64 -7.53%	$22.48	$21.85	-8.00%	665,955 116.22%	573,000
Most Recent Note for ZYXI - 5/12/2020 12:34:52 PM Touched another new 52-week high today but reversed into the red. Extended from any sound base after an impressive spurt of volume-driven gains. Found prompt support near its 200 DMA line in recent weeks. Reported earnings +29% on +66% sales revenues for the Mar '20 quarter, but prior quarterly comparisons were below the +25% minimum guideline (C criteria).
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