Pivotal points as the moment to act
A pivotal point is a price level, often an old high, a round number, or the edge of a consolidation, where a stock's behaviour on reaching it shows whether the move is real. The trader waits for price to cross that level with conviction before committing, and treats failure to follow through as a signal to exit. Entering before the pivot confirms, or long after it, gives up the edge; the profit lies in patience at a specific price.
