Frequently Asked Questions
Pocket Pivot Review / Buyable Gap Ups
Should a stock that has a buyable gap up have at least doubled in price from its lows to its highs BEFORE the BGU day for the BGU to work?
A stock should normally have doubled before a BGU to make the BGU more likely to succeed. If the stock is an IPO, the same applies. Some hot stocks double from their new issue price on the day they go public, so this would count as having doubled.
Published: Aug 1 2013