Pivot Price

The pivot price is the level we're watching for a breakout. It's typically the high of the most recent tight consolidation — the spot where buyers and sellers have been at a temporary stalemate.

Why pivots matter:

• Above the pivot, the supply that was capping the stock is exhausted. Price tends to move quickly because there are few sellers.
• The pivot is the defined risk point — your stop typically sits a few percent below it.
• The pivot is the trigger that converts a "ready" setup into a "live" trade.

How Swing Edge sets the pivot

The Pre-Breakout scanner identifies the highest close (or sometimes intraday high) of the most recent contraction — typically 5–15 trading days — and uses that as the pivot. A stock priced ≤2% below the pivot is "near pivot"; ≤0% is "at pivot."

Buying the pivot

Minervini-style entry buys at or slightly above the pivot on the day price clears it on above-average volume. Buying too far below (e.g. 5%+ under) means waiting longer without confirmation; buying too far above (e.g. 5%+ over) means chasing extension.