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It's a bit far above the 50 dma, however TFM is pulling back on lighter volume. There has been four days of accumulation in the last six days. That accumulation came higher in price than the heaviest volume day that showed up at the 50 dma.
I prefer to buy at the pocket pivot launch from a traditional CAN SLIM entry, but buying the pullbacks on low volume in strong CAN SLIM stocks can work out very well.
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