PPR - Pocket Pivots for Feb 10 2011

Published : February 10 2011 at 16:30 ET

Some interesting pocket pivot moves today: ALXN and RVBD both broke out to new highs on pocket pivot volume signatures with ALXN coming right up off its 10-dma and RVBD from a point just above its 10-dma; N, MCHP, GRA, and ARUN were clean pocket pivot buys. JJS, the soft-commodities (e.g, cotton, corn, etc.) ETF flashed a pocket pivot today as it also moved to new highs. CTXS flashed an interesting pocket pivot type move as it regained its 50-dma but is coming up off a v-shaped type of move off its recent lows. As always, use the 50-dma or 10-dma as your selling guides on pocket pivot buy points.

This information is provided by Virtue of Selfish Investing, LLC (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing, LLC. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2016 Virtue of Selfish Investing, LLC. All rights reserved.