The QQQQ short term up-trend completed its 18th day on Thursday. During that time, the QQQQ has risen 7.4% , QLD (the ultra 2x bullish QQQQ ETF) by 15.6%, and the TYH (3x bullish technology ETF) by 22.7%. This analysis shows once again that one can do quite well by riding the up-trend with one of the 2X or 3X ultra index ETF’s. Below is another RWB rocket stock to begin to research. During tough economic times people tend to fix their cars rather than trading them in, thus producing profits for auto parts businesses like DORM.
Based on your use of the Guppy charts, I’ve been investigating them myself also. Some other potential examples of RWB charts might also be MIPS, TIBX, INFA, QSFT, RHT, SLW, ANV. The last two are related to the large rise of silver and gold.
All the best. Keep up the great work!