ZUMZ, maker of sportswear, footwear, and sporting gear will qualify for a pocket pivot if it trades at least 541,200 shares. ZUMZ earnings and sales have accelerated, industry group rank is 26th out of 202 groups, and overall rating 99.
A few names are showing strength after forming constructive price/volume patterns such as EBAY which is breaking out of a sideways consolidation after gapping up on a strong earnings in April. Overall rating 96.
There is also ALGN which is breaking out to new highs after gapping up in April on a strong earnings report. Overall rating 99. ALGN is a bit extended up here so could be bought on a constructive pullback. ALGN showed itself to our screens earlier but market dynamics started to look increasingly favorable as the trading day progressed thus we relaxed some of our barriers.
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