Some Pocket Pivots

[Pierre Brodeur]

Pocket Pivots as defined by Chris Kacher (Dr. K) are when a stock bounces off of or trades up through the 10-day or 50-day moving average with volume greater than the largest down volume over the prior 10 trading days.

I will not pretend to be an expert In PP but isn't there supposed to be some sort of base to increase the validity of a PP? Do you see a base here?

The May 20th Pocket Pivot looked great to me because of the previous base building.

[Mike]

I will not pretend to be an expert In PP but isn't there supposed to be some sort of base to increase the validity of a PP? Do you see a base here?

The May 20th Pocket Pivot looked great to me because of the previous base building.

No base requirement required. There are continuation PPs as well as pullback PPs.
Mike Scott
Tarzana, CA