MIPS :Episodic Pivots example

October 26, 2010

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 :

  1. AndrooOct 26, 2010, 3:30:00 PM

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

    ReplyDelete
  2. Pradeep BondeOct 26, 2010, 3:42:00 PM

    Extended at this stage.

    ReplyDelete

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