With many high flyers being extended and reversing last week (CMG, MU, NVDA) it may be time to sit on the sidelines until 2nd quarter earnings come out in July.
Dr. Wish
Blog Post: Day 31 of $QQQ short term up-trend; as I tweeted intraday Tuesday, $ARM retakes green line on above average volume, see daily and weekly charts
ARM must not close below 164.
Blog Post: Day 30 of $QQQ short term up-trend; Here are 16 stocks that came up on the x8/x21/30 day set-up scan I described yesterday.
These are sorted by % change on Monday. Study their charts and their fundamentals. If I bought nay I would place my sell stop below Monday’s low.
