You want to buy a strong stock as soon as it breaks out of a sound base. The closer you get to the pivot or buy point, the less likely you’ll be shaken out by a momentary pullback. Most winning stocks rarely drop more than 8% below a proper buy point. Avoid buying stocks extended more than 5% from their pivot. Should you spot a stock too late, keep an eye on it. Many leading stocks will fall back near their buy points, offering investors a second chance to climb aboard.