But GMI-2 is at 3 (of 8) showing short term weakness. The QQQ has closed below its channel. (see yesterday’s post)
Stock Market Technical Indicators & Analysis
Quite a while ago, my stock buddy, Judy, talked to me about PACB. It has a lot of promise for the new technology it is developing. I have been watching PACB for quite a while. After putting in a likely bottom, PACB is showing some signs of life. While far from its all-time high of 17.47, I still nibbled a little on it on Wednesday. This is a very speculative and relatively low priced stock. But Judy’s concept stocks have often proved themselves.