As we wrote on Market Lab Report - Premarket Pulse 9/23/16 at 9:13 ET:
Others such as MOMO, LN, and WB are still near support. Stocks such as PI may need more time to digest prior gains but should nevertheless be monitored for constructive pullbacks to prior areas of support. In general, investors should avoid buying into strength and instead seek to pick up shares of leading stocks on constructive pullbacks.
We mentioned MOMO yesterday in the Focus List update.
LN is gapping higher so could be considered a buyable gap up, though its earlier buy point was at the time we sent the report on 9/23/16 when it was still close to support.
WB also pulled back to its 20-day line.
PI pulled back to its 20-day line earlier today and is now bouncing.
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