Pocket Pivot: How to Read Demand Before the Breakout

A growth stock has spent seven weeks moving sideways between 46.80 and 52.10. The 50-day moving average sits at 48.90 and is still rising. On a quiet Tuesday the stock…

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High Tight Flag Pattern: The Run, the Pause, the Pivot

A growth stock climbs from 18.40 to 39.10 in seven weeks, a gain of 112.5%. Most charts that go vertical like that give a large part of the move back.…

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Sales Acceleration: Reading the Revenue Sequence in CAN SLIM

Two growth companies report on the same evening. The first posts revenue up 38% from the year-ago quarter, and the headline reads well. The second posts revenue up 33%, which…

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IPO Base: Reading the First Consolidation in a New Stock

A company lists with an offer price of $22.00, opens at 31.50, trades as high as 38.20 in its first session and closes at 34.10. Six weeks later it's trading…

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New Product Catalyst: Judging the Story Behind a Leader

A mid-sized company issues a press release before the open. It describes a new product as "transformational" and "category-defining," names a large partner, and quotes a market-size estimate in the…

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Leading Stocks: Reading a Leader Group Against the Index

Picture an index chart that looks healthy. It closed the week at a new high, its 50-day moving average is rising, and the heaviest volume sessions of the month were…

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Institutional Sponsorship: How to Read the I in CAN SLIM

Picture two growth companies that pass the same earnings screen in the same week. Both reported quarterly earnings per share up more than 40% for two straight quarters, both sit…

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Flat Base Pattern: How a Shallow Consolidation Forms

A growth stock has climbed from 42.00 to 68.50 in fourteen weeks, and then it stalls. For the next seven weeks the weekly bars drift sideways. Price never trades above…

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