75th day of $QQQ short term up-trend; $QQQ rebounds to 12/6/6; $CC also

GMI4/6
GMI-28/8
T210841%

This daily RWB chart shows that QQQ has regained its 12/6/6 status. It closed above all of its red and blue lines. Furthermore, QQQ came up in my rebound from oversold scan. Possible stop losses are at 130.91 or 130.02. Check out my post from Monday for a description of this method.

Another stock that came up on this scan and is now 12/6/6 is CC which rose on above average volume. QQQ and CC look like replicas of each other!

 

Leave a Reply

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