Dec. 25 at 4:52 PM
$QQQ $LITE $METC
"Stocks will be yelling at you they want higher." - Qullamaggie
$LITE is a phenomenal example of relative strength.
In the last two pullbacks, every time
$QQQ made new lows,
$LITE continued building higher lows.
When indices lost their main moving averages,
$LITE held its rising 20 day moving average. And continued to build higher lows.
Showing it's stronger than the overall markets.
When markets turn back higher, this is the type of stock to go higher and go first.
$LITE has been the first stock to break out back to the upside each time.
On 11/24 and this week on 12/19. First stock each time.
These are the best stocks to buy out of pullbacks.
"When a stock refuses to go down while the markets are going down, you need to pay attention." - Qullamaggie
$LITE is the gift that keeps on giving.