CYBX

CYBX broke out on earnings in October, only to immediately pull back all the way to the 50dma. Apparently there was some sort of investigation by the SEC that probably caused that little pullback. Today the SEC announced that there would be no action taken (I have no idea what they were investigating) and this thing took off. I'm kind of surprised by how little volume this normally gets, yet it makes pretty big move. the float is 27 million shares, small but not that small. There is some doubt in my mind where the upper pivot point should go, but if it is where I have it, then the target for this move is just above 33.