All indicators remain positive.
Dr. Wish
22nd day of QQQ short term up-trend; T2108: 79%
All indicators remain positive. However, now that T2108 is at 79%, near extreme territory where past peaks have occurred. T2108 can get as high as the low 90’s however.
21st day of QQQ short term up-trend; RWB rocket stock: LULU
One of my readers keeps writing about his profits in LULU. Note that LULU is an RWB rocket stock and appeared in the New America column in IBD (NA in chart) twice. I wrote about LULU in February when it was around 73. Click on weekly chart to enlarge. While LULU has been strong, its daily stochastic appears to be headed down from overbought territory. I therefore would not buy it today.
