AIMT formed a classic cup-with-handle IPO base, and eclipsed its buy point at $26.08 on a huge spike in volume on September 30. The breakout failed the very next day. Still basing. A downside break of $18.47 (the Aug 24 low) would set up a larger double-bottom base.
Rapid 7 (RPD) IPO'd on July 16, and has formed a double-bottom base over the past two months. It now looks to be near its buy point at $25.48, after failing to break above that level in August. The stock has seen three straight days of heavy volume. It closed up 11% today, right at its daily high.
