We have been following Cotiviti Holdings (COTV) since it's IPO and have been impressed with the recent action. Back on June 6, BotTrigger issued an On Watch alert, and that alert just materialized today to a confirmed Buy alert.
June 6 - On Watch
June 29 - Buy Alert @ $20.25
The Buy Alert was triggered due to a holistic confluence of indicators that conferred upon one another. The top 3 reasons were due to:
Consolidation Range Breakout
Breakout relative to a prior hammer formation on the daily chart
Accelerated volume coming into the stock on the hourly time frame
A breach to new highs
And some other BotTrigger Algo magic that helped drive the signal. We will keep you updated as things materialize.