Pocket Pivot Review - PI 8-30-16
RF identification (RFID) solutions company PI had a pocket pivot yesterday. It is due to report earnings after the close on Wednesday. RFID tags allow companies to better track their supply chains. It is a thinner name with no earnings so it is a more speculative play. Though it appears that PI is making a move higher, one could try a smaller starter position on strength, but ideally, PI should be bought closer to support to minimize risk. Risk control is always the most important rule in investing.
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