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This is also a pocket pivot off the ten day line.
Thanks Abe...I added to my prior holdings tody just below the pivot during the surge up.
I added to my position today as well. Hoped for a little more oomph!
Good heads up Abe. Have been tracking TDG since it's 1/23 breakout which I passed on due to a lagging RS line. The breakout volume is the ultimate arbiter though , as Scott O clarified a couple weeks ago.
Don't know what a pocket pivot is, but the early morning move on high volume above the 119.51 buy point looked good enough to put on a partial position. As seems to happen with a 10-week old rally with little pullback, this 3-weeks tight breakout move occurs on a distribution day. Oh well, it was showing strength on a DD and may hold up well.
Enjoy your posts.
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