Blog Post: Day 60 of $QQQ short term up-trend; $DE just below its green line–will it break out? See monthly and daily charts.

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Here is DE’s monthly chart showing derivation of green line at ATH not exceeded for at least 3 months. Tan line is prior green line top. MarketSmith says Comp rating=97 with EPS=98 and RS=82.

Here is its daily chart. Would like to see above average volume on any break-out.

Blog Post: Day 57 of $QQQ short term up-trend; list of 4 growth stocks with Black Dot OSB set-up, see daily charts of $WWE and $KNSL

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While many growth stocks were punished on Thursday, these 4 had promising bounces up off of oversold conditions. Each hit a recent yearly high or ATH (all-time-high). They are worth researching. Here is the list and the daily chart of WWE. Note that WWE is above its last green line top and has also found support at its lower 15.2 daily Bollinger Band. I bought a little in the after market and will exit if it trades below Thursday’s low (104.34).

Here is what a successful OSB set-up looks like.