Both Invensense (INVN) and DigitalGlobe (DGI) are trading volume high enough at mid-day such that they are on track to at least show pocket pivot volume signatures.
Technically, INVN is in a tight range along its 10-day moving average currently running through 14.52. If INVN closed above the 10-day line on more than 1.460 million shares, the pocket pivot will be valid.
DGI has already bounced off of its 50-day and 10-week moving averages, and it needs to trade 797,200 shares for a valid pocket pivot.
Fair Disclosure: We are long both INVN and DGI.
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