I am accumulating QLD. HFC is breaking out of a multi-year base. Check out this green line chart. Click on chart to enlarge.
QQQ short term up-trend reaches 5th day!
With the QQQ short term up-trend reaching its fifth day, I am more confident of this new up-trend. I am gradually going long and am adding to my position in QLD. The GMi is now at 6 (of 6) and the Buy signal issued at the close on July 30 remains in place.
4th day of QQQ short term up-trend; GILD green line break-out
As bumpy as this ride has been, the market remains in a short and longer term up-trend. IBD still sees the market in a confirmed up-trend…..
GILD hit a new all-time high on Thursday and broke out of a multi-year base, as shown by this monthly green line chart. Click on chart to enlarge. GILD is worth researching.
