[CANSLIM] Definition of base and pivot point

From: Carter Diggs <gcdiggs@erols.com>
Subject: [CANSLIM] Definition of base and pivot point
Date: Wed, 03 May 2000 17:19:16 -0400

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Hello folks

I was looking at QCOM and trying to decide where a (future) pivot point
might be, assuming it's forming the right side of a cup.  Will the pivot
point be at the level of the January blowout peak or the late March
peak? Or would you wait and see if it meets resistance at the late March
peak or goes on through it?

Still trying to learn.

Carter


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