42nd day of QQQ short term up-trend; FB and DG–successful re-test of green line break-out

Wednesday, December 11, 2013Wednesday, December 11, 2013 @ 6:30 am by Dr. Wish

GMI5/6

GMI-28/9

T210844%

FB appears to have had a successful re-test of its green line break-out to all-time highs. Check out this weekly chart.

As has DG.

3 thoughts on “42nd day of QQQ short term up-trend; FB and DG–successful re-test of green line break-out”

Bruce Rynearson

Wednesday, December 11, 2013 at 6:45 am

Do you know of a good day trading stock for a scalper like me?

Respectfully,

Bruce Rynearson

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Dr. Wish

Wednesday, December 11, 2013 at 7:10 am

Not my specialty.

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Aubrey

Wednesday, December 11, 2013 at 7:55 am

I understand the support area however, based on MA’s (10 & 30) is it still a sell?

Thanks

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Selected stocks that have had a successful recent Green Line Breakout (GLB). One can really profit by buying stocks breaking out to all-time highs after a consolidation of 3 months or more, my GLB Setup.

Sym.	Date	GLB $	Now $	Chg.
UBER	1/25/24	$64.05	$69.20	8.04%
META	1/23/24	$384.33	$481.07	25.17%
SMCI	1/19/24	$357.00	$713.65	99.90%
COST	12/11/23	$615.27	$709.51	15.32%
GDDY	11/22/23	$93.75	$120.12	28.13%
WING	11/15/23	$223.77	$347.37	55.24%
ELF	1/8/24	$139.85	$156.73	12.07%
CAH	11/3/23	$95.45	$108.19	13.35%
PGR	10/13/23	$149.87	$214.69	43.25%
ANF	12/18/23	$85.77	$110.36	28.67%
MPTI	10/9/23	$21.00	$23.90	13.81%
PANW	8/21/23	$213.61	$277.71	30.01%
NVO	8/8/23	$86.49	$122.71	41.88%
CBOE	8/4/23	$138.54	$180.85	30.54%
VST	8/4/23	$27.96	$65.66	134.84%
MOD	8/3/23	$37.62	$83.69	122.46%
VRT	8/2/23	$28.80	$75.01	160.45%
PSN	8/2/23	$50.15	$77.49	54.52%
PHM	4/25/23	$63.90	$105.43	64.99%

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3 thoughts on “42nd day of QQQ short term up-trend; FB and DG–successful re-test of green line break-out”

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