Pocket Pivot Review - Instruction on ACIA as a good example 8-29-16

Published : August 29 2016 at 15:47 ET

Instructively, should ACIA have a weak close in context with today's market, such as closing below its 10-day moving average, this would invalidate today's pocket pivot.

We have guided members to buying stocks on constructive weakness thus a pocket pivot can be used as a sign to monitor the stock for favorable entry points. Being that ACIA has been a price performance monster, should it fail to hold its 10-day line at some point in the trading days ahead, one should then watch for constructive pullbacks to the 20-day line as another possible entry point. 

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