[isatrader]

I wonder if ITR is one of the winning patterns in the chapter "Uncovering exceptional winners?". I have not bought it as the place to put a stop is a long way from the buy price making the risk rather high. As you say, waiting for a pullback sounds like the best plan for that one.

No, ITR is not the pattern from the Uncovering exceptional winners chapter. The exceptional volume increase needs to begin on the Stage 2A breakout week. ITR broke out into Stage 2A in December 2012 on very average volume and has had over a year of very average volume until the last five weeks in which it's gone parabolic. So imo, it's more likely close to the end of it's Stage 2 run, as heavy volume and a parabolic move after a long Stage 2 advance is often a warning sign that's it's nearing exhaustion. So be careful with this one as it's over 58% above it's 30 week MA.