8th day of $QQQ short term up-trend; GLB for IPO $GEMP


GEMP is a picture perfect chart of how Jesse Livermore said to trade an IPO. Wait for an IPO to build a base and then push through to an all-time high. GEMP topped out at 13.98 in September, 2016. It then declined to 7.25 and went sideways for a while. In mid-July GEMP broke its green line top (GLB)  to an all-time high on above average volume. I had programmed TC2000 to alert me as soon as  GEMP traded above its green line. It did and I checked the volume buzz and jumped on….

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