The "Pincher Play", is an "early" method of getting in, before the "pump" starts.
The price of the stock can stage a huge percentage spike-up, as a result of the "Pinch".
This is the reason why we like "Pincher Plays".
The PPO and ADX "Pinch"
Simply put, a "Pinch" is shown when the ADX black line is pointing up, and the PPO black line is pointing down, and the two combined, resemble a pair of tweezers that are used to "pinch" together, as one would use to pull out a splinter.