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.
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Paul Tudor Jones and Episodic Pivots
2 comments:
With MIPS in a huge gap up on earnings surprise, is this another episodic pivot or just over extended?
Extended at this stage.
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