It’s that time again! Once a month I pull two breakout alerts from our premium Breakout Alerts service. Members of the service receive 6-8 potential breakout opportunities each week.
So far we’ve had a decent 2020. But we’re not resting on our laurels.
This week we’ve got one long idea and one short idea.
Our two breakouts are Avantor, Inc. (AVTR) and Dali Foods (3799.HK).
Yunnan Baiyao (000538): Ascending Right Triangle
Business Description: Yunnan Baiyao Group Co.,Ltd engages in the pharmaceutical business in China and internationally. The company operates through four segments: Pharmaceuticals, Health Products, Chinese Medicine Resources, and Pharmaceutical Logistics. It provides health products, drugs, medical instruments, Chinese medicine resources, and tea.
The company offers its products under the white medicine health, Leopard seven, Qiancaotang, Qiancaomeizi, and Tianzihong brand names. Yunnan Baiyao Group Co., Ltd. was founded in 1902 and is based in Kunming, China. – TIKR.com
- 3% Entry: $97.73
- 1.50% Entry: $96.30
- Stop-Loss: $84.47
- Profit Target: $132.13
- Reward/Risk: 3.03x
Dali Foods (3799.HK): Head & Shoulders Top
Business Description: Dali Foods Group Company Limited, an investment holding company, manufactures and sells food and beverages in Mainland China. It offers bread, cakes, and pastries; chips, fries, and others; biscuits and cookies; herbal tea; plant-based and milk beverages; energy drinks; and other beverage products.
The company offers its products primarily under the Daliyuan, Haochidian, Copico, Doubendou, Hi-Tiger, and Heqizheng brand names. It markets its products through distributors, as well as retail, e-commerce, specialty, and catering channels. – TIKR.com
- 3% Entry: $4.40
- 1.50% Entry: $4.47
- Stop-Loss: $5.11
- Profit Target: $2.76
- Reward/Risk: 2.69x
Student of value investing for over 13 years spending his time in small to micro-cap companies, spin-offs, SPACs and deep value liquidation situations.