7th day of QQQ short term up-trend; ASPS and NGLS

GMI6/6
GMI-25/9
T210871%

This up-turn looks like it has legs. I am accumulating some QLD, given that the GMI gave a buy signal on December 23.   AAPL is coming back and helping the QQQ to rise.   ASPS faked a high volume down-side break, as it recovered strongly on Thursday.   If it can break above its top Bollinger Band and recent peak of 50.82, it may have a ways to go. I added to ASPS on Thursday.   I also own NGLS, a natural gas stock which is showing signs of strength and is near its all-time high. See the weekly chart below.

Leave a Reply

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