HWKN

HWKN HAWKINS, INC.

Hawkins, Inc. engages in the distribution, blending, and manufacture of chemicals and specialty ingredients for a wide variety of industries. It operates through the following segments: Industrial, Water Treatment, and Health and Nutrition. The Industrial segment provides industrial chemicals, products, and services to the agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries. The Water Treatment segment offers chemicals, equipment, and solutions for potable water, municipal, industrial wastewater, industrial process water, and non-residential swimming pool water. The Health and Nutrition segment consists of ingredient distribution, processing, and formulation solutions to manufacturers of nutraceutical, functional food and beverage, personal care, dietary supplement and other nutritional food, health, and wellness products. The company was founded by Howard Hawkins in 1938 and is headquartered in Roseville, MN.

Initial entry was on Jul 17 when I was still figuring out the whole TechoFundamentalist approach to trading. So this was one of my first trades. Of course after I built that sheet more and more, HWKN fell to the bottom due to its financial score. 

But as we have gone along, it is the best growth stock in the industry. And it has also been one of my best performers behind PDD. 

As of 12/18, it is top 3 best performing stocks in the last half, year, and YTD in the industry. 

Its financial score is low, but as long as this trend remains, I see no reason to exit. It continues to grow and failed dips get bought up. 

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Week of 12/15

Very strong week, ripped out of monthly base.

Numbers are excellent for more.

Hovering around +80% on Qtr. Best numbers coming from STD14. When it gets volatile, it tends to continue higher. A 100% on next M and Q with avg return of 4% and 15%

It also saw one of its highest vol day ever this Friday. Order on close. A bit concerning as it is a doji candle at ATH after a large move higher. Makes me think its a sell. But still no cause for thinking about an exit here. Letting it ride. 

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12.23

Still strong and holding higher. Broke Channel TL but not seeing rejection still. Waiting on MAs to catch up. 

Weekly Doji is a concern as it top TL Channel over ext break. LTS MAs give lots of space lower.

A partial might be needed here. If market rolls over and we start dropping, this can be clear case to see the deeper pull in. 

It makes sense here. Over ext. Low score. LTF MAs weak rolling lower big gap lower. 

Ill give it the market rolling lower and if it cant hold d 9ma, half out. 

Queries are fun. STD14 has never been this high in this stocks 9104 days in the market. Leads to some funky 100% averages from weekly/monthly/quarterly averages. Tells me hold on for sure. 

Have to see if we can base out here or if we reject and want to revisit lower. I wont give back 15% for the sake of holidng for more after all of this. 

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12.30

Came close to taking partial on Friday but it held on. Still looks like its rolling over lower and I will have to be fast acting come Tuesday as we are right near bottom of vol prof zone. 

HTF charts show parabolic. I have to be cautious and protect capital here. Too many technical reasons for it to make a move lower and theres a lot of space to next vol prof zone. Too much to give back to let this pullback with full size. Have to take money off here. 70 is take profit if lost and holds under. 

1.5

Partial Taken, 25% remains on for possible re entry.

20w ma is clear stop.

Despite the significant PB, query still shows 70% max green on M close. BUT does show 40% min for Quarterly. Maybe a much longer pb/base to come. Avg still 55%+

Regardless, Trend is still up, letting the partial ride. If wants to base and setup for long again, would happily add. 

////testing max drawndown shows -10% on Q whihc ties nicely with clear big S at 60.60

1.13

Basing out. Not much to do here, letting it play out still. 20wma a ways away. 

1/28

Bounce and reclaim 50dma that hasnt touched since early NOV. Earnings wednesday. Would like to add in but never really formed and with E coing soon doesnt seem likely. 

2/2

Earnings Dump. Fine holding on still such a small partial left. Revisted major MAs and mega mega bounce got bought. Happy to wait and hold for a new setup. Coul;d be next month. 

Stop under 55.50 close. 

No reason to spend much time on this until stop or new setup appears. 

Queries are still green and good surprisingly. MAE lines up with bottom of Vol prof so will be greast spot to add again should the time come. 

MAE -8% 56

2/10

Market likes the lower prices. Bought up and rip. Indsutry also looking good. 

Query has a few 100s. A few 0s. Frequent dates have great returns. 19% M and 22% Q 75 78

Chart giving a nice new stop to work with at 58. 

W and M returns are also at clear lows. Q is still high but also just hit negative and turned positive again. 

Lots to like here. No problem adding but need 9/20dma under first. 

2/18

Massive rip. Certainly too far too fast but now a clear candidate for rel str re entry. 

Queries slowing up, some negative returns. Closes are above 70% though. Frequent days showing best numbers.

Industry turn up and strong. Some sell on friday. Overall held up very well. 

Look for re entry here. Prime candidate.

2/23

Bull flag. 

Queries shifted a little worse. but holding higher prices still. 

Industry leading all industries. Very strong.

Needs time to play out and reset base before re entry still.