Blog Post: Day 15 of $QQQ short term up-trend; INTC has massive post-earnings gap up and GLB; it broke its ATH set in 2000, see daily and yearly charts.

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After earnings were released INTC had a huge volume GLB and gap up. As long as INTC does not close below 75.81, it is a successful GLB. See last week’s MoneyShow presentation on this blog’s  Webinars tab for a discussion of the GLB setup.

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Broke through internet top set in 2000! Could this be a massive cup with handle setup?

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Blog Post: Day 12 of $QQQ short term up-trend; AMZN had a GLB on Friday, see charts; The link to last week’s MoneyShow presentation is on this blog’s webinar tab. Sign up there for my TraderLion MasterClass.

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AMZN had an above average volume GLB on Friday. It reports earnings this week. See daily and monthly charts. AMZN must not close below green line @258.60. To see my presentation to the MoneyShow last week where I describe the GLB setup and how I trade it,  please go to the Webinars tab on this blog above. You can also sign up in the video to get on the waiting list for my Masterclass with Richard Moglen.  Also, tab above  for the discount coupon for TC2000,  which I use to identify my setups.

The GMI remains GREEN.