PPR - CHKP, PPO
Both stocks cleared minimum volumes required.
CHKP closed slightly down but due to its long tail, it qualifies as a pocket pivot. It also has a tendency to get support at its 50dma. Since it is trading close to its 50dma, risk on entering the position has a good chance of being less than 6% from its closing price, assuming one uses a violation of its 50dma to sell. A violation occurs when the stock closes below its 50dma, then trades under the low of that day on subsequent days. Composite rating: 96 (99 is strongest)
PPO had a gap up on February 24, then got support recently above its 50dma. This upside reversal is a sign of continued strength in the stock. Group rank: 23 out of 197 (1 is strongest). Composite rating: 98 (99 is strongest)
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