The TradingEdge

[jxyzobrien]

LEAP
First after a stock has a selling climax and huge run down.
Once it breaks above the daily 20da ma with volume
Wyckoff called this a sign of strength (SOS). LEAP was upgraded
by C in early november. For the first time in months it has also
broken out of a channel. Since this may be wave 1 see how it pulls
back. If it gaps up buy baby buy. Fridays volume was the highest
in the stocks history 14 million. Previous high 9 million.
There are also buy out rumors. Lets see if it was a one day
wonder. Institutions are buying this girl dont matter why.
They flush em then they run em up.

http://stockcharts.com/h-sc/ui?s=LEAP&p=D&b=5&g=0&id=p85802020992&a=184083308