Analysis for individual stocks is updated nightly in preparation for the next day's trade.
The following analysis applies to Wednesday's trade (07/18/07) and includes quick identification of stocks that are either extremely overbought (implying an impending pull back) or extremely oversold (implying an impending bounce):
The price of the QQQQ closed at 50.32 on Thursday, July 19th, up 0.15 from Wednesday and up 0.76 from last Thursday's price of 49.56. Since the price of the QQQQ rose from last Thursday and was confirmed by today's action, it remained bullish as compared to last Thursday's bullish status.
The short-term trend of the QQQQ, which is determined by its week-to-week direction, is up: QQQQ Chart
The best trading strategy in an up trend is to buy when prices pull back to areas of Support, especially if prices pull back to areas of Gathering Support.
Analysis In Preparation for Thursday, July 26th...
Analysis for individual stocks, indexes and funds is updated nightly in preparation for the next day's trade.
The following analysis applies to Thursday's trade (July 26th) and includes quick identification of stocks that are either extremely overbought (implying an impending pull back) or extremely oversold (implying an impending bounce):
Analysis for individual stocks, indexes and funds is updated nightly in preparation for the next day's trade.
The following analysis applies to Friday's trade (July 27th) and includes quick identification of stocks that are either extremely overbought (implying an impending pull back) or extremely oversold (implying an impending bounce):
Analysis for individual stocks, indexes and funds is updated nightly in preparation for the next day's trade.
The following analysis applies to Monday's trade (August 6th) and includes quick identification of stocks that are either extremely overbought (implying an impending pull back) or extremely oversold (implying an impending bounce):
Analysis for individual stocks, indexes and funds is updated nightly in preparation for the next day's trade.
The following analysis applies to Wednesday's trade (August 8th) and includes quick identification of stocks that are either extremely overbought (implying an impending pull back) or extremely oversold (implying an impending bounce):