H M S Holdings Corp (HMSY +$0.13 or +0.21% to $61.89) posted a gain today with light volume for its second-best close of the year, and no resistance remains due to overhead supply. A new pivot point is cited based on its 52-week high plus ten cents, and a subsequent breakout with volume conviction could trigger a new (or add-on) buy signal. Any violation of its 50 DMA line could raise greater concerns.  Keep in mind that confirming gains from at least one of the major averages, a follow-through day, would be worth watching for with respect to the M criteria, and disciplined investors know to resist the urge to get in "early" without the compelling proof of heavy institutional (I criteria) buying demand driving a stock into new high territory, and driving the major averages higher too.

Near its last earnings announcement it briefly undercut prior chart highs and its 50-day moving average line.  The prompt rebound was an impressive sign of institutional support. Patient investors may watch for confirming gains as a critical sign of heavier institutional accumulation still needed  This high-ranked Commercial Services - Healthcare firm has maintained a solid sales revenues and earnings growth history that still satisfies the C and A criteria.