ACAD should trade enough volume for a pocket pivot. The high volume on May 28 is exaggerated due to Russell rebalancing so can be adjusted. Keep in mind this is a thin biotech with no earnings and scant sales so position size accordingly.
DORM is still within buying range of last week's pocket pivot despite its earnings and sales defect in the quarter before last. Group rank 17 and institutional sponsorship has grown 7 quarters in a row.
INVN needs to trade 2,688,400 shares to qualify for a pocket pivot. It has gapped up twice in recent months and its story remains intact. Earnings/sales are strongly accelerating.
FSLR is clearing its 50dma on sufficient volume for a pocket pivot. Institutional sponsorship has increased over the last 3 quarters. The price/volume action leading up to today's pocket pivot is somewhat defective, so the stock may need to back and fill for a bit before going higher. The group rank is number 1 with confirming stocks such as SPWR which continue to hit new highs.
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