KK's Corner: Cochin Shipyard
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Here is another classic example of Pocket Pivot & VooDoo (Volume Dry up) candidate. This stock was discussed in the Friday Webinar a couple of weeks ago. The stock in question is Cochin Shipyard.
Notice the Pocket Pivot candle today which has resulted in a strong breakout. Combination of Pocket Pivot plus VooDoo can be handy in getting an early entry ahead of regular breakout opportunity.
For those interested, take a look at Castrol, Hindustan Copper which are other interesting Pocket Pivot candidates.
