Blog Post: Day 62 of $QQQ short term up-trend; After earnings release, $R raced to an ATH above the green line on above average volume, see daily and weekly charts.

@ 7:52 pm
GMI6/6
GMI-26/9
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1 thought on “Blog Post: Day 62 of $QQQ short term up-trend; After earnings release, $R raced to an ATH above the green line on above average volume, see daily and weekly charts.”

  1. So are you long with the customary EOD stop below the GL, and if so at at what price? The early-morning fade gave a great opportunity to enter near the GL on the rebound, assuming one had an eye on this name based on the GLB attempts earlier in July. Also wondering why you draw the GL at 171.59 (the Feb 2025 intraday high) and not at 171.78 (the Nov 2024 intraday high)? A totally insignificant price difference but significant in terms of methodology. I realize you may not have time or interest to respond, but thank you regardless for the very useful food for thought. Cheers Dr. Wish!

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