In the past, it has been a profitable buy signal for me when AAPL retakes its 10 week average (purple dotted line).
Blog post: 3rd day of $QQQ short term up-trend; To students who attended my lecture yesterday and want to learn about technical analysis–see my Houston TC2000 Users Group 2012 webinar listed under the Topics tab on my blog or the link in today’s post.
Here is the link to the webinar.
While I have added some new indicators since 2012 my basic strategy is the same.
Blog post: Day 2 of $QQQ short term up-trend; GMI turns Green; $FB has GLB (green line break-out) to ATH (all time high)
Note above average volume on day of GLB. Close below green line (304.67) would indicate failed GLB.
