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 MIDDAY BREAKOUTS REPORT - THURSDAY, JULY 9TH, 2020
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DOW 25638.17 -429.11 (-1.65%) | NASDAQ 10432.35 -60.15 (-0.57%) | S&P 500 3130.4 -39.54 (-1.25%)
Time of Screening : 7/9/2020 12:16:49 PM         Report Released : 7/9/2020 1:06:20 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
AMD - NYSE
Advanced Micro Devices
$55.33 +1.90
3.55%
$56.18 40,419,011
72.42% of 50 DAV
50 DAV is 55,815,000
$59.27
-6.66%
6/9/2020 $55.41 PP = $56.98
MB = $59.83
Most Recent Note - 7/9/2020 12:19:44 PM
Y - Color code is changed to yellow while rebounding above its 50 DMA line ($53.46) with today's gain on higher volume helping its outlook to improve. Previously met stubborn resistance in the $57-59 area. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal.
>>> The latest Featured Stock Update with an annotated graph appeared on 6/26/2020. 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
$210.69 +4.34
2.10%
$213.63 4,794,804
94.44% of 50 DAV
50 DAV is 5,077,000
$206.55
2.00%
6/10/2020 $149.73 PP = $152.10
MB = $159.71
Most Recent Note - 7/9/2020 12:25:13 PM
G - Hitting yet another new all-time high today, getting very extended from any sound base. Its 50 DMA line ($145) defines near-term support to watch on pullbacks. DOCU is now priced +127% above its 200 DMA price, and it is taught in the Certification that a stock trading +70-100% or more above the 200 DMA is to be recognized as a "sell signal".
>>> The latest Featured Stock Update with an annotated graph appeared on 7/1/2020. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
FTNT - NASDAQ
Fortinet Inc
$147.00 +0.65
0.44%
$151.95 1,586,366
93.15% of 50 DAV
50 DAV is 1,703,000
$149.69
-1.80%
6/22/2020 $142.68 PP = $149.79
MB = $157.28
Most Recent Note - 7/9/2020 12:36:28 PM
Y - Hit a new high with today's early gain but it has since retreated back below the pivot point. Posted a solid volume-driven gain for a best ever close on the prior session. Found prompt support at its 50 DMA line ($135) and above the prior low ($126.88 on 6/15/20) during the recent consolidation. Gains and a strong close above the pivot point backed by at least +40% above average volume are needed to clinch a convincing new (or add-on) technical buy signal. See the latest FSU analysis for more details and an annotated graph.
>>> The latest Featured Stock Update with an annotated graph appeared on 7/8/2020. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
NBIX - NASDAQ
Neurocrine Biosciences
$129.20 -0.91
-0.70%
$136.27 581,398
65.25% of 50 DAV
50 DAV is 891,000
$131.00
-1.38%
5/19/2020 $123.71 PP = $119.75
MB = $125.74
Most Recent Note - 7/9/2020 12:55:05 PM
G - Backed off from earlier highs after hitting a new all-time high with today's 4th consecutive gain. Prior highs in the $119 area define important near-term support to watch along with its 50 DMA line ($118.52). Fundamentals remain strong.
>>> The latest Featured Stock Update with an annotated graph appeared on 6/30/2020. Click here.
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PING - NYSE
Ping Identity Holdings Corp
$33.37 +0.49
1.49%
$34.41 4,393,767
326.92% of 50 DAV
50 DAV is 1,344,000
$35.36
-5.63%
6/1/2020 $29.24 PP = $29.90
MB = $31.40
Most Recent Note - 7/9/2020 1:00:06 PM
G - Posting a gain today after pricing a follow-on Offering of shares. It has not formed a sound base of sufficient length. Prior highs in the $29 area define initial support to watch.
>>> The latest Featured Stock Update with an annotated graph appeared on 6/22/2020. Click here.
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Symbol - Exchange - Industry Group
Company Name
Last Chg Day
High
52 WK Hi % From Hi Volume
% DAV
DAV
AMZN - NASDAQ - INTERNET - Internet Software & Services
Amazon.com Inc
$3,103.92 +22.81
0.74%
$3,133.00 $3,083.97 0.65% 2,960,959
67.31%
4,399,000
Most Recent Note for AMZN - 7/9/2020 12:20:13 PM
Hitting yet another new all-time high today, getting very extended from any sound base. Noted with caution in prior mid-day reports - "Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines."
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AVNW - NASDAQ - Telecom-Infrastructure
Aviat Networks Inc
$20.70 +0.68
3.40%
$21.11 $20.85 -0.72% 46,413
84.39%
55,000
Most Recent Note for AVNW - 7/9/2020 12:20:54 PM
Hitting yet another new 52-week high today with a big volume-driven gain adding to an impressive spurt of gains. Prior mid-day reports cautioned members - "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."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
BABA - NYSE - INTERNET - Internet Software & Services
Alibaba Group Holding Limited
$258.45 +0.77
0.30%
$268.00 $258.49 -0.02% 23,928,632
117.83%
20,307,000
Most Recent Note for BABA - 7/9/2020 12:22:28 PM
Hitting yet another new all-time high with today's 3rd volume-driven gain in the span of 4 sessions following a big "breakaway gap" on 7/06/20. Noted with caution in prior mid-day reports - "Found support near its 200 DMA line in recent months. Reported earnings +2% on +16% sales revenues for the Mar '20 quarter, breaking a streak of 4 consecutive quarterly comparisons above the +25% minimum guideline (C criteria). Owned already by 4,100 top-rated funds. The fact-based investment system's guidelines suggest finding stocks when just beginning to attract institutional interest. Went through a deep consolidation since noted in the 6/25/18 mid-day report with caution. Completed its $88 IPO on 9/19/14."
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DOYU - NASDAQ - INTERNET - Content
Doyou Intl Holdings Ltd Ads
$13.30 +0.32
2.47%
$13.64 $13.64 -2.49% 2,364,333
133.13%
1,776,000
Most Recent Note for DOYU - 7/9/2020 12:27:58 PM
Perched at its 52-week high with today's 6th consecutive gain. Prior mid-day reports noted - "China-based Internet firm has a limited history and sub par fundamentals."
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ECOM - NYSE - Computer Sftwr-Enterprse
ChannelAdvisor Corp
$17.31 +0.31
1.82%
$17.75 $17.33 -0.12% 734,039
144.50%
508,000
Most Recent Note for ECOM - 7/9/2020 12:29:21 PM
Powering to yet another new 52-week high today while adding to an impressive spurt of volume-driven gains. Showed bullish action since recently reporting Mar '20 quarterly earnings +326% on +1% sales revenues versus the year ago period. Prior mid-day reports repeatedly 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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EDU - NYSE - DIVERSIFIED SERVICES - Education &; Training Services
New Orientl Edu&Tech Ads
$146.19 +4.61
3.26%
$147.36 $145.25 0.65% 1,056,054
85.30%
1,238,000
Most Recent Note for EDU - 7/9/2020 12:30:15 PM
Hitting new 52-week and all-time highs with today's gap up and volume-driven gain. Reported earnings +35% on +16% sales revenues for the Feb '20 quarter but fundamental concerns remain. Noted in prior mid-day reports - "This China-based Consumer Services - Education firm has been rebounding after a deep consolidation below its 200 DMA line. Fundamental concerns remain. Prior quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's guidelines. Has a new CEO as of 9/02/16."
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EFX - NYSE - DIVERSIFIED SERVICES - Business/Management Services
Equifax Inc
$163.48 -5.62
-3.32%
$169.35 $180.07 -9.21% 733,945
78.75%
932,000
Most Recent Note for EFX - 7/9/2020 12:33:27 PM
Pulling back from its all-time high and testing its 50 DMA line ($159.79) which coincides with prior highs defining important near-term support. Quarterly comparisons through Mar '20 were below the +25% minimum earnings guideline (C criteria).
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GAU - AMEX - Mining-Gold/Silver/Gems
Galiano Gold Inc
$1.56 +0.00
0.00%
$1.65 $1.69 -7.69% 1,815,118
244.30%
743,000
Most Recent Note for GAU - 7/9/2020 12:37:03 PM
Perched at its 52-week high with today's 9th consecutive volume-driven gain. 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."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
GFI - NYSE - METALS & MINING - Gold
Gold Fields Ltd Adr
$10.47 +0.27
2.65%
$10.58 $10.23 2.35% 6,908,065
92.18%
7,494,000
Most Recent Note for GFI - 7/9/2020 12:38:38 PM
Hitting new multi-year highs with today's 4th consecutive gain. Prior mid-day reports cautioned - "This South African company in the Mining - Gold/Silver/Gems industry has shown erratic sales revenues and earnings history through the Dec '19 quarter. Up and down annual earnings (A criteria) history is a fundamental concern."
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HELE - NASDAQ - CONSUMER DURABLES - Appliances
Helen Of Troy Ltd
$197.65 +2.55
1.31%
$209.99 $198.59 -0.47% 319,940
160.77%
199,000
Most Recent Note for HELE - 7/9/2020 12:39:54 PM
Hitting a new all-time high today. Reported earnings +23% on +12% sales revenues for the May '20 quarter. Prior quarterly sales revenues and earnings growth has not been strong and steady above the +25% minimum guideline (C criteria).

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HMI - NYSE - Apparel-Clothing Mfg
Huami Corp Cl A Ads
$17.55 +0.69
4.09%
$18.03 $17.67 -0.68% 592,539
136.85%
433,000
Most Recent Note for HMI - 7/9/2020 12:40:28 PM
Hitting another new 52-week high with today's volume-driven gain adding to an impressive spurt. Little resistance remains due to overhead supply up to the $19 level. Prior mid-day reports cautioned members - "Reported earnings -73% on +29% sales revenues for the Mar '20 quarter. Results for the Sep and Dec '19 quarters versus the year ago periods had been very strong. This Chinese - Apparel (wearable devices) firm has a limited history since its $11 IPO on 2/08/18."
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HMY - NYSE - METALS & MINING - Gold
Harmony Gold Mng Co Adr
$5.61 -0.19
-3.20%
$5.87 $5.80 -3.36% 9,072,938
131.24%
6,913,000
Most Recent Note for HMY - 7/9/2020 12:41:10 PM
Reversed into the red after hitting another new 52-week high today following 7 consecutive volume-driven gains. 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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JD - NASDAQ - Retail-Internet
JD.com Inc Cl A Ads
$66.24 +0.86
1.32%
$69.18 $65.90 0.52% 12,160,550
74.62%
16,296,000
Most Recent Note for JD - 7/9/2020 12:41:27 PM
Powering to another new all-time high today. Bullish action has continued after completing a new Public Offering on 6/11/20. Found prompt support at its 50 DMA line on 5/01/20. Reported Mar '20 quarterly earnings -15% on +15% sales revenues versus the year ago period. Prior mid-day reports cautioned members - "This Chinese retailer last reported earnings +14% on +22% sales revenues for the Dec '19 quarter, breaking a streak of much stronger increases in the 4 prior quarterly comparisons versus the year ago periods. Up and down annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines."
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KL - NYSE - Mining-Gold/Silver/Gems
Kirkland Lake Gold Ltd
$45.86 -1.67
-3.51%
$48.22 $51.08 -10.22% 2,049,183
97.07%
2,111,000
Most Recent Note for KL - 7/9/2020 12:46:31 PM
Pulling back today after it rebounded toward its all-time high on the prior session with a 7th consecutive gain. Faces resistance due to overhead supply up to the $51 level. Went through a deep consolidation and rebounded impressively since last noted in the 11/14/19 mid-day report. Reported earnings +30% on +82% sales revenues for the Mar '20 quarter. This Canada-based Mining - Gold/Silver/Gems firm reported strong earnings increases above the +25% minimum guideline in the 9 latest quarterly comparisons. Chairman Eric Sprott retired effective 5/07/19.
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LVGO - NASDAQ - Medical-Products
Livongo Health Inc
$102.96 +6.14
6.34%
$105.24 $97.47 5.63% 4,163,357
109.48%
3,803,000
Most Recent Note for LVGO - 7/9/2020 12:47:05 PM
Powering to yet another new all-time high with today's 4th consecutive volume-driven gain, getting very extended from any sound base. 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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MED - NYSE - SPECIALTY RETAIL - Specialty Retail, Other
Medifast Inc
$151.01 +1.54
1.03%
$152.09 $157.98 -4.41% 196,883
69.08%
285,000
Most Recent Note for MED - 7/9/2020 12:50:00 PM
Rebounding after a deep consolidation. Reported Mar '20 quarterly earnings +14% on +8% sales revenues growth versus the year ago period and the 2 prior quarterly comparisons were below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has strong after a downturn in FY '14 and '15.
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MSCI - NYSE - Financial Svcs-Specialty
M S C I Inc
$373.50 +2.79
0.75%
$379.97 $370.87 0.71% 399,655
69.14%
578,000
Most Recent Note for MSCI - 7/9/2020 12:52:19 PM
Hitting new all-time highs with today's 7th consecutive gain. Reported earnings +23% on +12% sales revenues for the Mar '20 quarter. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been steady after a small downturn in FY '13.
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NGHC - NASDAQ - Insurance-Prop/Cas/Titl
National General Holdings Corp
$33.91 +0.07
0.21%
$34.06 $33.84 0.21% 2,999,957
274.97%
1,091,000
Most Recent Note for NGHC - 7/9/2020 12:56:58 PM
Gapped up on the prior session following M&A news with Allstate (ALL). Completed a new Public Offering on 11/14/18. Reported earnings +18% on +8% sales revenues for the Mar '20 quarter. Fundamental concerns remain. Annual earnings (A criteria) growth has not been strong and steady.
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NTES - NASDAQ - INTERNET - Internet Information Providers
Netease Inc Adr
$478.44 +23.88
5.25%
$503.27 $455.99 4.92% 1,269,657
133.65%
950,000
Most Recent Note for NTES - 7/9/2020 12:57:40 PM
Gapped up today hitting another new all-time high. Stubbornly held its ground following a recently noted spurt of volume-driven gains. Prior mid-day reports cautioned members - "Reported Mar '20 quarterly earnings +18% on +12% sales revenues versus the year ago period, its 2nd consecutive quarterly comparison below the +25% minimum guideline (C criteria). Annual earnings included a big downturn in FY '18, a flaw concerning the A criteria of the fact-based investment system. Went through a deep and choppy consolidation since dropped from the Featured Stocks list on 8/15/17."
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POWI - NASDAQ - ELECTRONICS - Semiconductor - Integrated Cir
Power Integrations Inc
$120.41 -0.53
-0.44%
$124.84 $122.67 -1.84% 145,066
66.24%
219,000
Most Recent Note for POWI - 7/9/2020 1:02:52 PM
Reported earnings +85% on +23% sales revenues for the Mar '20 quarter versus the year-ago period, its 2nd strong quarter. Fundamental concerns remain. Prior quarters were not strong and steady above the +25% minimum earnings guideline (C criteria). Its up and down annual earnings (A criteria) history is below the fact-based system's guidelines.
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SAP - NYSE - COMPUTER SOFTWARE & SERVICES - Application Software
S A P Ag Adr
$152.10 +5.15
3.50%
$155.60 $147.91 2.83% 1,134,696
148.33%
765,000
Most Recent Note for SAP - 7/9/2020 1:04:13 PM
Reported earnings -7% on +5% sales revenues for the quarter ended March 31, 2020 versus the year ago period, and prior comparisons were below the +25% minimum earnings guideline (C criteria). Earnings and sales revenues growth rates have been below guidelines. It also has a huge supply of 1.23 billion shares outstanding (S criteria), making it less likely to be a good sprinter.
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SQ - NYSE - Finance-CrdtCard/PmtPr
Square Inc
$128.81 -4.54
-3.40%
$133.81 $133.43 -3.46% 11,511,770
81.19%
14,178,000
Most Recent Note for SQ - 7/9/2020 1:04:59 PM
Perched at its all-time high today following 4 big volume-driven gains in the span of 5 sessions, getting very extended from any sound base. Fundamental concerns were raised as it reported a loss of 2 cents per share versus earnings of 11 cents per share with sales revenues +44% from the year ago quarter ended March 31st. Prior quarterly earnings comparisons were above the +25% minimum guideline (C criteria). Went through a choppy consolidation since dropped from the Featured Stocks list on 4/25/18.
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TIGR - NASDAQ - Finance-Invest Bnk/Bkrs
Up Fintech Holdings Cl A Ads
$6.59 -0.31
-4.49%
$7.60 $7.18 -8.22% 5,536,161
628.40%
881,000
Most Recent Note for TIGR - 7/9/2020 1:05:48 PM
Perched at its 52-week high following a spurt of volume-driven gains, but overhead supply remains up to the $23 level. Fundamental concerns remain for this China-based online brokerage firm. Completed its $8 IPO on 3/20/19.
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TME - NYSE - INTERNET - Content
Tencent Music Entertainment Group ADS
$17.43 +0.59
3.47%
$17.97 $17.30 0.72% 12,819,886
101.15%
12,674,000
Most Recent Note for TME - 7/9/2020 1:06:13 PM
Hitting another new 52-week high today while adding to an impressive spurt of volume-driven gains, however, it still faces some resistance due to overhead supply up to the $19 level. Fundamental concerns remain. Limited history since its $13 IPO on 12/12/18.
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