The follow-through
Shares followed through late last week after the Nasdaq broke out of a five-month, cup-with-handle pattern. Three consecutive major accumulation days occurred, as shown in the below chart. This is a rarity, and further confirms the market's solid tone.
Of bullish note was the range expansion that occurred Thursday and Friday. Moreover, price went out well on all three days. A correction can be expected at this of year, as September has historically had the worst performance of any month.
However, what matters most is the market's message, not anyone's opinion, including ours. This means the speculative growth-stock glamours can and should be entered as they approach the buy points listed in recent reports.
For those who did not enter a position in LinkedIn (LNKD), but still like the stock, the report linked below discusses another potential entry point. A few other newer titles are also analyzed technically, with charts and respective entry points. . . . To continue reading, please click here.
Fund Prices2024-04-17
| Fund | Price | Day | YTD |
| G | $18.19 | 0.01% | 1.25% |
| F | $18.68 | 0.50% | -2.85% |
| C | $78.62 | -0.58% | 5.72% |
| S | $76.27 | -0.89% | -1.07% |
| I | $40.66 | -0.17% | 1.19% |
| L2065 | $15.60 | -0.47% | 3.17% |
| L2060 | $15.60 | -0.47% | 3.18% |
| L2055 | $15.60 | -0.47% | 3.18% |
| L2050 | $31.39 | -0.35% | 2.57% |
| L2045 | $14.34 | -0.33% | 2.47% |
| L2040 | $52.43 | -0.31% | 2.41% |
| L2035 | $13.87 | -0.28% | 2.31% |
| L2030 | $46.25 | -0.25% | 2.24% |
| L2025 | $12.93 | -0.12% | 1.78% |
| Linc | $25.29 | -0.09% | 1.55% |