For several months now I have been posting in the “Stocks I’m Watching” column to the lower right, TDSC. On December 10, I wrote about TDSC as an RWB stock when it was at $31. Judy brought this stock to my attention because she loved the concept. The company makes 3D modeling equipment that she found very promising. I had bought TDSC, but got shaken out in January when the stock dipped. The stock gave me another technical buy signal around $31 in early February, but I failed to act on it, even as Judy bought more. Well, the market woke up to TDSC on Thursday, when it reported earnings and shot up about 40%. I am going to start a watchlist of “Judy’s Picks” and monitor it daily for technical buy signals. Way to go– yet again, Judy!
Dr. Wish
T2108 reaches 72%, as QQQQ short term up-trend hits 61 days
I am a little concerned with the T2108 indicator at 72%. Readings near 80% often coincide with markets that top out or rest for a while. The last time T2108 was higher than 72 was last November. Still, all of my indicators remain positive.
60th day of QQQQ short term up-trend
This short term up-trend is getting quite old, having reached its 60th day on Tuesday. But my indicators remain strong for now.