6th day of QQQ short term up-trend; ALXN break-out?

GMI2/6
GMI-23/8
T210838%

I hold some QLD and I bought some ALXN. ALXN may have had a cup with handle break-out on Thursday on high volume.   Note the pivot point at the top of the handle, designated by a horizontal line. Click on chart to enlarge. ALXN is at an all time high. Here is a good discussion of the company’s products.

1 thought on “6th day of QQQ short term up-trend; ALXN break-out?”

  1. Dr. Wish, didn’t you post a good illustration of the performance of the leveraged ETF (QLD) vs. top IBD 50 stocks? Are you following your trading plan? Just ribbing you a bit. ALXN looks like a solid breakout.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.