HIW offering an early entry with a pocket pivot setup?* Great earnings
* Strong up trend
* High 3-month relative strength in the Real Estate sector
* Pays out dividends very generously
* Recently broke out of a multi-year range dating back to 2016
* Recently used the resistance of that range ($43.99) as support
* Has been consolidating for the past ~6 months
* Offering a pocket pivot entry with very high volume and little to no overhead resistance
Trade Idea:
* Now's a great time to get an early entry before the actual breakout.
* If you're looking for a slight discount you can look for an entry near the $46.52 area as that should serve as support.
Caution:
* Pocket pivots do offer an early entry before the actual breakout and even though there's little to no overhead resistance, there's still a chance that it may not break out immediately.
Pocketpivot
BOX presenting a high probability setup!* Exceptional earnings year over year
* Breaking out of its IPO base once again that dates back to 2015 ($24.73)
* High relative strength in the Tech sector
* In a very tight range for the past 3 weeks
* Offering a pocket pivot with in the range just before the breakout
* Maximum probable ROI would 21.65%
Trade Idea :
This is a great time to enter as it's just before the breakout
A lot of things are lining up right now
* Pocket pivot indicating institutional interest
* Tight consolidation for the past three weeks
* Very close to breaking out
* Recently broke back above the IPO base
* If you want to look for a discount you can look for buying opportunities near the $25.54 area
CRL offering an early entry with a pocket pivot?* Exceptional earnings
* Very strong up trend
* High RS in the Healthcare industry
* Pocket pivot occurring on the right side of a rounded constructive basing pattern
Trade Idea:
* You can get in now as indicated
* Or if you're looking for a slight discount you can look for an entry near the $423.63 area
NXST offering a pocket pivot entry* Okay earnings
* Steady up trend
* High RS in the Communication Services sector
* Trading in a tight range for the past ~9 months
* Last couple of days picking up high volume
Notes:
* This is still trading n a range so be careful. It may continue trading in this range.
* Pocket pivots indicate that the institutions are interested in the particular stock and are buying in to build their position.
* Given the price action, if this breaks and closes above 157.45 it'll most likely try and break out of this range.
* Level of support would likely be 147.14 from here.
SYK offering a pocket pivot entry!* Excellent earnings
* Very strong up trend
* Very high 3-month relative strength in the Healthcare sector
* Pocket pivot occurred on the right side of the basing pattern with high volume
* Steady increase in price shows tonnes of institutional demand
Trade Idea:
* Now's the perfect time to get in as recent volume is indicating institutional interest
* The entry from here has very little to no overhead resistance
* Price closed above $274.69 which puts more probability in our favor of the price going higher
* A daily close below $274.69 would expose $266.76 as the next level of support
PGNY showing a pocket pivot setup!* Excellent earnings
* Very strong up trend
* Extremely high 3-month relative strength in the Healthcare sector (110..69)
* Pocket pivot occurred on the right side of the basing pattern with extremely high volume
* Pattern shows tonnes of institutional demand
* Maximum probable ROI for this trade would be around 33.75%
Trade Idea:
* Now's the right time to get in as the volume should continue to pick up
* Best part about this trade is that there's barely any overhead resistance
* The fact that the price closed above $62.50 indicates that it should continue going higher from here.
* A breakout from $65.45 could send the price much higher!
PH had a strong earnings gap up!* Great earnings
* Very strong up trend
* High relative strength in the Industrial sector
* Broke out of a ~7 month consolidation period with very high volume (162.6% above average)
Note:
With very high volume on earnings, this very well may be a break away gap and may continue going higher from here.
Trade Idea:
* You can enter now and ride higher.
* Or you can look for buying opportunities near the $321.65 area
* A daily close below $321.65 would expose $311.70 as the next key support which should hold firmly.
LXP breaking out of a tight consolidation with high volume!* Good earnings
* Strong up trend
* High relative strength in the Real Estate sector
* Pays out dividends generously
* Breaking out of a very tight 2.64% range with 104.98% higher than average volume.
* This can also be considered a Pocket Pivot breakout
Trade Idea:
* Now is the perfect time to get in as the price is still very close to the broken range resistance.
* It's also presenting a Pocket Pivot breakout which shows strong institutional interest in the stock
WY offering a Pocket Pivot setup!* Good earnings
* Very strong up trend
* High 3 month relative strength in the Real Estate industry
* In a constructive basing pattern for the past 7 months that's rounding out
* Stable volume with increasing price
* Pocket pivot occurred on the right side of the basing pattern.
Trade Idea:
* You can enter now as indicated if you don't mind a little volatility
* Or if you're looking for a slight discount you can look for buying opportunities near the $36.47 area
Note:
Pocket pivots offer an early entry prior to breakouts. The volume indicates institutional interest.
TRMK offering a Pocket Pivot setup!* Excellent earnings
* Strong up trend with recent choppiness
* Breaking pre-pandemic highs
* In a constructive basing pattern for the past ~8 months
* Was in tight consolidation for the past 3 weeks (2.72% range)
* On the right side of the basing pattern
Trade Idea:
* Now would be a great time to get in since it broke out of a tight 3 week consolidation with higher than average volume and it's also offering a pocket pivot setup.
WM showing signs to go higher* Great earnings year over year
* Very strong up trend
* Breaking out of a 6 week consolidation with higher than average volume ... roughly 37% higher
* Broke resistance and retested it as support
* Offering a pocket pivot breakout indicating that institutions are stepping in
* Pays out dividends
Trade Idea:
* Now is the best time to get in as the price is still close to the breakout level and it's showing signs that institutions may be stepping in to buy
* If you're looking for a slight discount you can look for an entry near the 156.60 area
* A break below 156.60 would expose 154.26 as the next possible support.
Note:
* Given it's growth over the years and the fact that it pays out dividends, WM is also a great long term hold for your investment portfolio.
HZNP offering a pocket pivot setup!* Great earnings
* Very strong up trend
* Very high relative strength in the Healthcare industry
* Has been consolidating since breakout
* And now offering a pocket pivot setup.
A pocket pivot setup is when the last day's volume is higher than any of the previous 10 days down volume. This indicates that institutions are stepping in and the price is expected to go higher.
This is a high probability setup.
Trade Idea:
* You can get in as indicated
* Or you can wait for a retest of 111.33 (may be unlikely since it's a pocket pivot setup)
<TradeVSA> SPSETIA - Pullback from Pocket Pivot ?Sign of Strength in the chart:
1. Reaccumulation with Shakeout
2. Green Pentagon + NS signal to confirm the support level
3. Pocket Pivot
4. Potential Pullback...potential NS signal again?
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Evergreen - Double NS in Weekly Chart Sign of strength in the chart:
1. NS in weekly chart
2. Re-accumulation
3. Pocket Pivot
Hit the "LIKE" button to support us :)
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> OLAM - Continuation of UptrendSign of Strength in the chart:
1. Change of trend with high volume
2. Re-accumulation
3. Pocket Pivot bars
Hit the "LIKE" button to support us :)
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> AJIYA... Pocket Pivot at ResistanceSign of Strength in the chart:
1. High volume at resistance
2. Accumulation with low volume
3. Pocket Pivot
Hit the "LIKE" button to support us :)
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Change of Trend Soon for Dsonic ?Sign of Strength in the chart:
1. High volume in accumulation
2. Shakeout after false breakout
3. Low volume in hourly chart after Green Pentagon high volume
Hit the "LIKE" button to support us :)
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Bonia.... Pullback Completed ?Sign of Strength in the chart:
1. Re-accumulation with shakeout
2. CoC follow by Pocket Pivot
3. Pullback after breaking from Pocket Pivot
Hit the "LIKE" button to support us :)
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
JMIA ... CUP and Handle patteran and pocketpivots found on Hfor JMIA , I see CUP and Handle pattern on Hourly chart. Also found ocket pivots for 2 days. (see those cnadles highlighted in yellow color) ... That means volume is increasing , you have CUP and Handle pattern ... once it breaks the resitance line ... It will go up further ...
See the explanation on the chart ... Let me know your comments ...
Warning
This is not finnacial advise ... for trading decissions please do your own research
BNGO on hourly chart ... Predicting upsideAfter recent pull back in BNGO , hourly chart showed pocket pivot on 8th Jan ( see highlighted bar in yellow ) , next day it gapped up ...
Today last hour bar shows pocket pivot again ... I am guessing a gap up or go up further ...
Warning
This is not a financial advise ... Please do your own research for trading decission