FAQs Frequently Asked Questions
Pocket Pivot Review / Buyable Gap Ups
I just would like to know if you see your continuation pocket pivot concept as a low risk add point comparable to other entry points.
Q:I just would like to know if you see your continuation pocket pivot concept as a
low risk add point comparable to 50-day moving average bounces on volume, 3 weeks
tight, 6weeks closing at peak, and short consolidation after ants up (ants occur when a stock is up 12 out of 15 Days in a row or better), etc.
A: It depends entirely on context to the stock and the general market as to which type of patterns tend to work best. I would say I have slightly more comfort in buying continuation pocket pivots than 50d SMA bounces, 3 weeks tight, ants, and base breakouts, but all have their place.
|First published:||5 Sep 2012|
|Last updated:||5 Sep 2012|