Published : May 18 2013 at 0:03 ET

A number of pocket pivots has occurred as the uptrend continues.

VRX has slowing sales and earnings but it has gotten support at its 50dma and is moving to new highs.

IGT earnings and sales have also slowed but industry group rank is 13th out of 202 groups.

LGF earnings and sales have accelerated in a robust manner, while institutional sponsorship has increased over the last 6 quarters and industry group rank 4th out of 202 groups.

BYI had a gap up on a strong earnings report then went constructively sideways. Industry group rank 13th. While its RS is only 64 and it has traded mostly sideways, the gap up on strong earnings could potentially change its dynamic so one could take a small position at his point then pyramid should additional buy points arise.

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