Pocket Pivot Review - Pocket PIvot Potential: FB, BABA, WB
|Published:||2 Jan 2018 12:08 ET|
It's still early in the day, but we're noticing that IF volume levels remain on their current pace, FB, BABA, and WB are on track to post pocket pivots coming up through their 50-dmas. Meanwhile, we note that NFLX is showing strong follow-through to last week's pocket pivot coming up through the 50-dma as it slices through overhead resistance like the proverbial hot knife through butter.
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