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 MIDDAY BREAKOUTS REPORT - TUESDAY, JUNE 16TH, 2020
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DOW 26203.9 440.74 (1.71%) | NASDAQ 9888.91 162.89 (1.67%) | S&P 500 3122 55.41 (1.81%)
Time of Screening : 6/16/2020 12:18:47 PM         Report Released : 6/16/2020 1:13:00 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 65% 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
Max Buy
AAXN - NASDAQ
Axon Enterprise Inc
$94.23 -6.12
-6.10%
$100.52 824,155
80.25% of 50 DAV
50 DAV is 1,027,000
$104.90
-10.17%
5/8/2020 $84.86 PP = $90.20
MB = $94.71
Most Recent Note - 6/16/2020 12:20:20 PM
G - Pulling back today after proposing a new Pubic Offering, briefly trading below its "max buy" level. Prior highs in the $90-91 area have acted as support following the powerful breakout.
>>> The latest Featured Stock Update with an annotated graph appeared on 5/28/2020. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
DOCU - NASDAQ
Docusign Inc
$161.73 -0.96
-0.59%
$164.99 3,004,754
74.93% of 50 DAV
50 DAV is 4,010,000
$163.70
-1.20%
6/10/2020 $149.73 PP = $152.10
MB = $159.71
Most Recent Note - 6/16/2020 12:34:18 PM
G - Color code was changed to green after rallying above its "max buy" level on the prior session. Posted a big gain above the pivot point backed by +107% above average volume triggering a new (or add-on) technical buy signal.
>>> The latest Featured Stock Update with an annotated graph appeared on 6/10/2020. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M

Symbol - Exchange - Industry Group
Company Name
Last Chg Day
High
52 WK Hi % From Hi Volume
% DAV
DAV
AUDC - NASDAQ - ELECTRONICS - Scientific & Technical Instrum
Audiocodes Ltd
$34.48 +1.57
4.77%
$34.95 $40.06 -13.93% 567,329
78.14%
726,000
Most Recent Note for AUDC - 6/16/2020 12:23:19 PM
Completed a new Public Offering on 6/08/20 and tested support at its 50 DMA line ($30.95). It has not formed a sound base. Fundamentals remain strong after it reported earnings +39% on +12% sales revenues for the Mar '20 quarter. Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Rebounded impressively after a deep pullback since dropped from the Featured Stocks list on 2/27/20.
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AVNW - NASDAQ - Telecom-Infrastructure
Aviat Networks Inc
$16.53 +1.79
12.14%
$16.68 $16.20 2.04% 49,623
130.59%
38,000
Most Recent Note for AVNW - 6/16/2020 12:24:30 PM
Powering to a new 52-week high with today's big volume-driven gain. Rebounded impressively after a deep pullback. Quarterly and annual earnings history (C and A criteria) is not a match with the fact-based investment system's fundamental guidelines.
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BIPC - NYSE - Finance-Investment Mgmt
Brookfield Omfra Corp
$49.23 +1.39
2.90%
$50.19 $51.80 -4.97% 182,818
77.79%
235,000
Most Recent Note for BIPC - 6/16/2020 12:26:38 PM
Consolidating near its 52-week high. Fundamental concerns remain for this Canada-based Financial firm.
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CLDR - NYSE - Computer Sftwr-Enterprse
Cloudera Inc
$12.07 -0.65
-5.11%
$12.94 $12.92 -6.58% 5,813,704
95.43%
6,092,000
Most Recent Note for CLDR - 6/16/2020 12:28:07 PM
Hit a new 52-week high on the prior session with a big volume-driven gain, but it faces resistance due to overhead supply up to the $15 level. Prior mid-day reports cautioned members - "Limited history is a concern. This Computer Software firm has reported losses for each FY since its April 2017 IPO at $15. New CEO as of 1/13/20."
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CLWT - NASDAQ - WHOLESALE - Basic Materials Wholesale
Euro Tech Hldgs Co Ltd
$3.05 +0.32
11.73%
$3.25 $3.37 -9.50% 186,691
434.17%
43,000
Most Recent Note for CLWT - 6/16/2020 12:30:37 PM
Fundamental concerns remain for this thinly-traded, low-priced, Hong Kong-based firm.
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CMCL - AMEX - Mining-Gold/Silver/Gems
Caledonia Mining Corp
$18.21 -0.02
-0.11%
$20.00 $18.30 -0.49% 77,769
127.49%
61,000
Most Recent Note for CMCL - 6/16/2020 12:31:11 PM
Hitting another new 52-week high today following volume-driven gains. Prior mid-day reports cautioned members - "Reported strong Mar '20 quarterly results, but prior quarterly comparisons were negative versus the year ago periods."
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DLNG - NASDAQ - Transportation-Ship
Dynagas Lng Partners LP
$3.09 +0.30
10.75%
$3.71 $2.81 9.96% 786,920
672.58%
117,000
Most Recent Note for DLNG - 6/16/2020 12:31:33 PM
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."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
DRD - NYSE - METALS & MINING - Gold
Drdgold Ltd Adr
$11.39 +0.23
2.06%
$11.54 $11.51 -1.04% 445,373
73.37%
607,000
Most Recent Note for DRD - 6/16/2020 12:35:23 PM
Hitting another new 52-week high today. 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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DT - NYSE - Computer Sftwr-Enterprse
Dynatrace Inc
$39.47 +0.89
2.31%
$40.66 $39.41 0.15% 1,859,848
65.14%
2,855,000
Most Recent Note for DT - 6/16/2020 12:36:45 PM
Hitting a new 52-week high today. Completed yet another Secondary Offering on 6/03/20. Went through a deep consolidation and rebounded impressively since completing a Secondary Offering on 2/21/20. Reported earnings +267% on +30% sales revenues for the Mar '20 quarter versus the year ago period, its 3rd consecutive strong quarterly comparison versus the year ago periods. Prior mid-day reports 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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FORM - NASDAQ - ELECTRONICS - Semiconductor - Broad Line
Formfactor Inc
$28.58 +1.77
6.60%
$29.40 $28.58 0.00% 432,165
82.79%
522,000
Most Recent Note for FORM - 6/16/2020 12:39:05 PM
Gapped up today hitting a new 52-week high. Reported earnings +65% on +22% sales revenues for the Mar '20 quarter versus the year ago period, its 2nd strong quarterly comparison. Fundamental concerns remain.
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GMAB - NASDAQ - Medical-Biomed/Biotech
Genmab A/S Ads
$30.98 -0.13
-0.42%
$31.24 $31.31 -1.05% 728,081
68.95%
1,056,000
Most Recent Note for GMAB - 6/16/2020 12:39:29 PM
Reported Mar '20 quarterly earnings +200% on +48% sales revenues versus the year ago period its 3rd consecutive strong quarterly comparison. Extended from any sound base, consolidating near its all-time high following a streak of gains after a deep "V" shaped consolidation. 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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GSX - NYSE - Consumer Svcs-Education
GSX Techedu Inc Cl A Ads
$50.68 -1.32
-2.54%
$56.80 $55.88 -9.31% 7,067,456
101.59%
6,957,000
Most Recent Note for GSX - 6/16/2020 12:40:12 PM
Found support above its 200 DMA line during its consolidation. Reversed into the red today after spiking to a new 52-week high with a considerable volume-driven gain on the prior session. Reported strong sales revenues and earnings increases in the Dec '19 and Mar '20 quarterly comparisons versus the year ago periods. Prior mid-day reports cautioned members - "Limited history is a concern. This China-based Consumer Services - Education firm completed its $10.50 IPO on 6/06/19 and completed a Secondary Offering on 11/21/19."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
LEN - NYSE - Bldg-Resident/Comml
Lennar Corp Cl A
$62.95 -0.55
-0.87%
$65.69 $71.38 -11.81% 4,411,478
119.10%
3,704,000
Most Recent Note for LEN - 6/16/2020 12:41:31 PM
Reported earnings +27% on -5% sales revenues for the May '20 quarter versus the year ago period. Fundamental concerns remain. Its annual earnings history (A criteria) has been erratic. It was dropped from the Featured Stocks list on 5/01/05.

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LVGO - NASDAQ - Medical-Products
Livongo Health Inc
$64.79 +3.24
5.26%
$65.19 $65.94 -1.75% 2,243,891
71.01%
3,160,000
Most Recent Note for LVGO - 6/16/2020 12:46:46 PM
Hitting a new all-time high today, getting more more 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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MHH - AMEX - Comml Svcs-Staffing
Mastech Holdings Inc
$26.06 +1.73
7.11%
$26.35 $26.50 -1.66% 71,684
105.42%
68,000
Most Recent Note for MHH - 6/16/2020 12:59:10 PM
Powering to yet another new all-time high with a considerable gain, getting very extended from any sound base. This Commercial Services - Staffing firm reported earnings +53% on +12% sales revenues for the Mar '20 quarter, its 2nd consecutive strong quarter. Fundamental concerns remain. Went through a deep consolidation after a 2:1 share split effective 8/27/18.
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NICE - NASDAQ - Computer Sftwr-Security
Nice Ltd Adr
$192.45 +3.68
1.95%
$194.87 $191.50 0.50% 183,021
80.27%
228,000
Most Recent Note for NICE - 6/16/2020 12:59:53 PM
This Israel-based Computer Software - Security firm gapped up today hitting a new all-time high. Reported Mar '20 quarterly earnings +14% on +9% sales revenues versus the year ago period. Reported earnings +7% on +5% sales revenues for the Dec '19 quarter. Fundamental concerns remain. Prior quarterly earnings history is not a good match with the C criteria.
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NVMI - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate
Nova Ltd
$50.13 +2.21
4.61%
$51.20 $51.23 -2.15% 250,796
218.08%
115,000
Most Recent Note for NVMI - 6/16/2020 1:00:47 PM
This Semiconductor Equipment firm headquartered in Israel gapped up today challenging its all-time high. 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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NVO - NYSE - DRUGS - Drug Manufacturers - Other
Novo Nordisk A/S Adr
$65.20 -0.18
-0.28%
$66.05 $66.96 -2.63% 1,282,248
70.45%
1,820,000
Most Recent Note for NVO - 6/16/2020 1:01:10 PM
This Denmark-based Medical - Ethical Drug firm paused after hitting a new all-time high last week. Consolidation above support at its 50 DMA line. Reported earnings +14% on +14% sales revenues for the Mar '20 quarter. Fundamental concerns remain.

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PW - AMEX - REAL ESTATE - REIT - Diversified/Industrial
Power REIT
$31.36 +1.99
6.78%
$31.60 $29.37 6.78% 47,738
74.59%
64,000
Most Recent Note for PW - 6/16/2020 1:01:49 PM
Hitting yet another new 52-week high. Recently powered higher with big volume-driven gains. Rebounded impressively after a deep pullback in recent weeks. This REIT reported earnings +36% on +58% sales revenues for the Mar '20 quarter versus the year ago period. Fundamental concerns remain as prior earnings increases in quarterly comparisons were below the +25% minimum guideline (C criteria).
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QDEL - NASDAQ - DRUGS - Diagnostic Substances
Quidel Corp
$203.99 +0.55
0.27%
$209.00 $210.81 -3.24% 742,609
73.45%
1,011,000
Most Recent Note for QDEL - 6/16/2020 1:04:06 PM
Rebounded near its all-time high but it did not for a sound base. 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 FDA approved coronavirus tests. It has earned a high Earnings Per Share rating of 97. 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 very strong earnings growth in FY '17 and '18.
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SAIL - NYSE - Computer Sftwr-Security
Sailpoint Tech Holdings
$24.42 +0.23
0.96%
$24.86 $27.05 -9.71% 1,026,888
77.79%
1,320,000
Most Recent Note for SAIL - 6/16/2020 1:06:31 PM
Quarterly and annual earnings (C and 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 | ChartC A N S L I M  
TMUS - NYSE - Telecom Svcs-Wireless
T-Mobile U.S. Inc
$102.18 -2.50
-2.39%
$104.00 $106.72 -4.25% 3,380,502
66.08%
5,116,000
Most Recent Note for TMUS - 6/16/2020 1:09:30 PM
Hovering near its all-time high after wedging above prior highs with gains lacking great volume conviction. 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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TTGT - NASDAQ - Comml Svcs-Advertising
Techtarget Inc
$30.10 +1.10
3.79%
$30.80 $30.00 0.33% 233,940
104.44%
224,000
Most Recent Note for TTGT - 6/16/2020 1:10:37 PM
Hitting a new 52-week high today. Rebounded impressively after a deep consolidation in recent months undercutting its 200 DMA line. Reported earnings +0% on +5% sales revenues for the Mar '20 quarter. The 2 prior quarterly comparisons had earnings above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been strong after a downturn in FY '16.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
URI - NYSE - DIVERSIFIED SERVICES - Rental & Leasing Services
United Rentals Inc
$158.38 +11.34
7.71%
$161.06 $170.04 -6.86% 1,356,352
85.52%
1,586,000
Most Recent Note for URI - 6/16/2020 1:12:54 PM
Perched near its 52-week high. Reported Mar '20 quarterly earnings +1% on +0% sales revenues versus the year ago period. Prior quarterly earnings increases were not strong and steady above the +25% minimum guideline (C criteria). Sales revenues increases in sequential quarterly comparisons versus the year ago periods have shown deceleration. Annual earnings (A criteria) history has been strong.
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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.

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