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Breakout Stocks of Week 41

NASDAQ was down last week (week 40) by -2.69% ending at 10575.62 points after falling -292.31 points during the week. Our system has detected some possible breakout stocks for the following week and these should be on your watchlist. These are the stocks that are bouncing up with good increase in volume and are likely to do good in short term. One of these stocks are Khosla Ventures Acquisition Co. NASDAQ:KVSA. This stock has had a buy signal since Sep 30, 2022 when the price was $9.80 , but have so far fallen 0% to $9.80. Some other companies are on our watchlist to, among these are Chase Corp NYSE:CCF NuStar Logistics LP NYSE:NSS Booz Allen Hamilton Holding Corporation NYSE:BAH and Hanmi Financial Corporation NASDAQ:HAFC which all got a breakout pattern emerging.

Date Company Price Change
Sep 30, 2022 Khosla Ventures Acquisition Co. $9.80 $9.80 ( 30th Sep 2022 ) 0%
Sep 30, 2022 Chase Corp $83.57 $83.57 ( 30th Sep 2022 ) 0%
Sep 30, 2022 Nustar Logistics Lp $24.41 $24.41 ( 30th Sep 2022 ) 0%
Sep 30, 2022 Booz Allen Hamilton Holding Corporation $92.35 $92.35 ( 30th Sep 2022 ) 0%
Sep 30, 2022 Hanmi Financial Corporation $23.68 $23.68 ( 30th Sep 2022 ) 0%

Khosla Ventures Acquisition Co.

NASDAQ:KVSA Buy Candidate Score: 2.62
Buy Candidate Score: 2.62 Sep 30, 2022

The Khosla Ventures Acquisition Co. stock price gained 0.10% on the last trading day (Friday, 30th Sep 2022), rising from $9.79 to $9.80. During the last trading day the stock fluctuated 0.20% from a day low at $9.79 to a day high of $9.81. The price has fallen in 4 of the last 10 days and is down by -0.1% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 186 thousand more shares were traded than the day before. In total, 270 thousand shares were bought and sold for approximately $2.64 million.

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Khosla Ventures Acquisition Co. stock to perform well in the short-term period.

About Khosla Ventures Acquisition Co.:
Khosla Ventures Acquisition Co. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Menlo Park, California.

Chase Corp

NYSE:CCF Buy Candidate Score: 2.40
Buy Candidate Score: 2.40 Sep 30, 2022

Chase CorpThe Chase Corp stock price gained 1.30% on the last trading day (Friday, 30th Sep 2022), rising from $82.50 to $83.57. During the last trading day the stock fluctuated 2.74% from a day low at $82.39 to a day high of $84.65. The price has fallen in 7 of the last 10 days and is down by -2.61% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 14 thousand more shares were traded than the day before. In total, 32 thousand shares were bought and sold for approximately $2.66 million.

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Chase Corp stock to perform well in the short-term period.

About Chase Corp:
Chase Corporation, a specialty chemicals company, manufactures and sells protective materials for various applications worldwide. It operates through three segments: Adhesives, Sealants and Additives; Industrial Tapes; and Corrosion Protection and Waterproofing. The Adhesives, Sealants and Additives segment offers protective conformal and moisture protective electronic coatings and cleaning solutions; advanced adhesives, sealants, and coatings; polymeric microspheres; polyurethane dispersions; superabsorbent polymers; and cleaning and protection solutions for electronic assemblies. The Industrial Tapes segment provides wire and cable materials; specialty tapes and related products; insulating and conducting materials; laminated durable papers; water-blocking compounds; laminated film foils and cover tapes; and pulling and detection tapes. The Corrosion Protection and Waterproofing segment offers protective pipe-coating tapes and other protectants; polymeric asphalt additives; waterproofing membranes; waterproofing sealants, expansion joints, and accessories; technological products, and tapes and membranes; specialized high-performance coating and lining systems; waterproofing and corrosion protection systems; and pipeline protection tapes and products. It sells its products through its salespeople, as well as manufacturers' representatives and distributors. The company was founded in 1946 and is headquartered in Westwood, Massachusetts.

NuStar Logistics LP

NYSE:NSS Buy Candidate Score: 2.30
Buy Candidate Score: 2.30 Sep 30, 2022

The NuStar Logistics LP stock price gained 0.87% on the last trading day (Friday, 30th Sep 2022), rising from $24.20 to $24.41. During the last trading day the stock fluctuated 1.45% from a day low at $24.15 to a day high of $24.50. The price has fallen in 6 of the last 10 days and is down by -2.01% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 101 thousand more shares were traded than the day before. In total, 162 thousand shares were bought and sold for approximately $3.96 million.

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

About NuStar Logistics LP:
NuStar Logistics, L.P. engages in the terminalling, storage, and transportation of petroleum products; the transportation of anhydrous ammonia; and the refining and marketing of petroleum. The company operates in three segments: Storage, Transportation, and Asphalt and Fuels Marketing. The Storage segment operates terminal and storage facilities that provide storage and handling services for petroleum products, specialty chemicals, crude oil and other feedstocks, and other liquids; and storage tanks that are used to store and deliver crude oil. This segment also provides various services, such as blending, filtering, pilotage, tug assistance, line handling, launch, emergency response, and other ship services. The Transportation segment transports refined petroleum products, crude oil, and anhydrous ammonia. The Asphalt and Fuels Marketing segment refines crude oil to produce asphalt and certain other refined products; and purchases crude oil and other refined petroleum products for resale. NuStar Logistics serves producers of crude oil, integrated oil companies, chemical companies, oil traders and refiners, farm cooperatives, railroads, and road and bridge construction companies. The company is headquartered in San Antonio, Texas. NuStar Logistics, L.P. is a subsidiary of Nustar Energy L.P.

Booz Allen Hamilton Holding Corporation

NYSE:BAH Buy Candidate Score: 2.14
Buy Candidate Score: 2.14 Sep 30, 2022

Booz Allen Hamilton Holding CorporationThe Booz Allen Hamilton Holding Corporation stock price gained 0.18% on the last trading day (Friday, 30th Sep 2022), rising from $92.18 to $92.35. During the last trading day the stock fluctuated 1.82% from a day low at $92.06 to a day high of $93.74. The price has fallen in 7 of the last 10 days and is down by -3.11% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 378 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $94.92 million.

Stifel is very positive about BAH and gave it a "$102.00 - $105.00" rating on Sep 13, 2022. The price target was changed from 102 to 105. Over the last 90 days, this security got 5 buy, 0 sell, and 0 hold ratings.

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

About Booz Allen Hamilton Holding Corporation:
Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations. It also provides analytics services, which focuses on delivering transformational solutions in the areas of artificial intelligence, such as machine learning and deep learning; data science, such as data engineering and predictive modeling; automation and decision analytics; and quantum computing. In addition, the company designs, develops, and implements solutions built on contemporary methodologies and modern architectures; delivers engineering services and solutions to define, develop, implement, sustain, and modernize complex physical systems; and provides cyber risk management solutions, such as prevention, detection, and cost effectiveness. Booz Allen Hamilton Holding Corporation was founded in 1914 and is headquartered in McLean, Virginia.

Hanmi Financial Corporation

NASDAQ:HAFC Buy Candidate Score: 2.09
Buy Candidate Score: 2.09 Sep 30, 2022

Hanmi Financial CorporationThe Hanmi Financial Corporation stock price gained 0.0422% on the last trading day (Friday, 30th Sep 2022), rising from $23.67 to $23.68. During the last trading day the stock fluctuated 2.46% from a day low at $23.54 to a day high of $24.12. The price has fallen in 6 of the last 10 days and is down by -3.7% for this period. Volume fell on the last day by -22 thousand shares and in total, 188 thousand shares were bought and sold for approximately $4.45 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

DA Davidson is very positive about HAFC and gave it a "" rating on May 18, 2022. The price target was set to 25.

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

About Hanmi Financial Corporation:
Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. The company offers various deposit products, including noninterest-bearing checking accounts, interest-bearing checking and savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit. It also provides real estate loans, such as commercial property, construction, and residential property loans; and commercial and industrial loans, such as commercial term loans and commercial lines of credit, as well as international finance, and trade services and products comprising letters of credit, and import and export financing. In addition, the company offers consumer loans, secured and unsecured loans, home equity loans, residential mortgages, and credit cards; SBA and trade finance lending to small and middle market businesses; and small business administration loans for business purposes, which comprise owner-occupied commercial real estate, business acquisitions, start-ups, franchise financing, working capital, improvements and renovations, inventory and equipment, and debt-refinancing, as well as equipment lease financing. As of February 28, 2022, it operated a network of 35 full-service branches and 8 loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington, and Georgia. The company was founded in 1982 and is headquartered in Los Angeles, California.

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