Pocket Pivot

A Pocket Pivot is a technical chart pattern where a stock's price pulls back slightly within an uptrend, then resumes climbing without breaking below a key support level (usually a prior low). Think of it as a brief pause in an otherwise strong upward move. You'll see this pattern discussed in swing trading and momentum investing circles because it can signal that buying pressure remains strong—the stock dipped but didn't lose its footing. For example, if TechCorp rallies from $50 to $65, dips to $62, then climbs to $70, that dip to $62 might represent a pocket pivot if $62 holds as support. Traders watch for these because they can offer lower-risk entry points into stocks that are still in uptrends.