Telecom infrastructure firm MXL is having a pocket pivot. It gapped higher on its prior earnings report. Earnings and sales are soaring, group rank 51. It should close in the upper half of its trading range otherwise it can be considered a weak close given today's comeback at the time of this writing in the major averages.
Telecom infrastructure firm DY is having a pocket pivot. After reporting earnings, it was weak but has since made a high volume reversal to the upside. Earnings are soaring, sales are strongly accelerating, group rank 51. We reported on DY on Nov 2 when it had a pocket pivot.
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