Blog Post: 61st day of $QQQ short term up-trend; Check out my analysis of $OC which had a recent GLB, a weekly green bar, and a black dot on Wednesday with earnings


OC came up on my scan because it had an OSB (oversold bounce) shown by several black dots. It rose on above average volume to an ATH (all-time high). It also met my criteria for a weekly green bar. Note the GLB (green line break-out) in June.

Here is its monthly chart.

And its weekly chart with a green bar. A green bar means it bounced up off of its rising 4 wk avg and its   relative strength reached a 20 week high. OC has had a string of green bars. Advancing stocks hold their rising 4 week average.

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