Blog Post: Day 34 of $QQQ short term up-trend; 146 US new highs, 18 lows and 50 at ATHs; 2 stocks at ATH after recent GLB: $AMPH and $ORCL, see daily and monthly charts


A green line break-out (GLB)  in a strong market can sometimes be the beginning of a big move. AMPH and ORCL broke above their green lines and have gone on to a series of ATHs (all time highs). Look for stocks that hit an ATH and then have rested for at least 3 months. When they close above that earlier peak (where the green line is drawn) it can be a major buy signal. A rocket-stock to the moon must continually hit new highs.

Here are their monthly charts.



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