GLB= green line breakout= a stock reached an ATH, rested at least 3 months, and then traded at a new ATH.
Blog Post: Day 10 of $QQQ short term up-trend; 10:30 weekly chart shows that $QQQ remains in a Stage 2 up-trend after a brief head fake, see chart and a confession
QQQ dipped below the 30 week average and then climbed back above it and the 10 week average (dotted line). I got scared out, instead of waiting for the 30 week average to curve down. That is the signal I waited for before successfully exiting at the beginning of large declines. Nearing retirement, I get spooked more easily these days. QQQ remains in a Stage 2 up-trend. Gray solid line is the weekly close.
