Blog post: 8th day of $QQQ short term up-trend; $ABNB finds support exactly at trend channel line (thank you Vas)

@ 10:36 pm
GMI6/6
GMI-27/9
T210853%

Let’s see if ABNB moves up after finding support exactly at its trend channel line and its lower 15.2 daily Bollinger Band. Vas leads the local Northern Virginia IBD Meetup. If you want to learn his amazing approach to technical analysis you may attend his monthly online presentations here. Vas presents to my class each semester his very useful approach to technical analysis.

Blog post: 6th day of $QQQ short term up-trend and the GMI is Green; earnings on deck; $AAPL, $DELL, $CMBM moved up after black dot signals

@ 5:00 pm
GMI6/6
GMI-26/9
T210855%

My black dot signal occurs when a stock has been short term oversold and then closes above its 30 day or exp21 day averages. Buying an oversold bounce is minimal risk for me. If the bounce fails I can quickly exit with a small loss. I prefer this strategy to buying break-outs. It works best for me with up-trending stocks near all-time highs.

Look at the new DELL.

And CMBM