Breakout Alert 1: $ANI (Update 2017-10-23)

On July 14, 2017, $ANI broke out from its 52-week high with large volume. Buy above the exit price.

Pro(s):

• It is trending up.
• There are more above-average green volumes than above-average red volumes—a clear sign of accumulation.
• Improving ties between Philippines and China may improve $ANI's export sales.
• Gross revenue and net income, for the first quarter of 2017, grew by 92% and 30% respectively (based on its 1Q17 quarterly report).

Con(s):

• Net profit margin, for the first quarter of 2017, decreased by 32% (based on its 1Q17 quarterly report). 

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Update (October 23, 2017):

 Exit price now at 10.24/share.

CAVEAT EMPTOR