Blog post: Day 50 of $QQQ short term up-trend; $IBB had a GLB, so did $DDOG, $ZI and $SITM, charts provided

GMI6/6
GMI-27/8
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With the new bio-engineered COVIC vaccines it is to be expected that biotech stocks would be strong.  Hence the GLB in the biotech ETF, IBB. The green line peak occurred last February.  The volume was only about average on the break-out. Let’s see if it holds the green line on Friday.

The following 3 stocks had a GLB on many times their average daily volume and are worth watching. If I own a GLB, I sell if it closes back below the green line.

 

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