MIPS :Episodic Pivots example | stockbee

10/26/2010

MIPS :Episodic Pivots example

MIPS is having a high volume move today. But at this stage it is extended. But in August it had a earnings breakout. That time it had many months of sideways action. The earning surprize started a move which has resulted in stock doubling from that point.

Related post: 
Paul Tudor Jones and Episodic Pivots

2 comments:

Androo said...

With MIPS in a huge gap up on earnings surprise, is this another episodic pivot or just over extended?

Pradeep Bonde said...

Extended at this stage.