Trader Mike's Notes
Another one showing an "Expansion Pivot Buy Setup" today (along with a Pocket Pivot). I've had this on a watchlist since its big post-earnings gap up in late April in anticipation of a move back to that 42 area. It may finally be ready.
I noticed this on the "Expansion Pivot Buy Setup" scan tonight. After clicking through to the stock's page I noticed that it climbed above both its 50 and 200 DMAs today. That's some important technical repair for a stock which was down almost 50% from its February high. Looks like its next significant resistance is around 73, its late April highs.
A nice collection of signals on this today: 20 DMA Support + 180 Bullish Setup + Hot IPO Pullback + Pocket Pivot + Outside Day = free money! ;-) Let's see if it triggers an entry.