
Ep. 86: Dan Fitzpatrick: This Key Indicator Can Help You Screen Stocks Primed To Make Big Moves
Investing With IBD
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Monolithic Power Systems: A Volatility Squeeze
During a volatility squeeze, there's not any more supply coming in. And it's really kind of just transitioning to more committed buyers. Monolithic power systems ticker symbol MPWR had a heck of a move from 250 to 330 or so and then traded sideways for a while. If you look at over the next several weeks, volume was well below average. That's what you want to see. It's interesting because if you just look at where the stock has been back in March, it was below 150.
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