Blog post: Day 7 of $QQQ short term down-trend; Things looking ominous again

Thursday, April 21, 2022 @ 5:34 pm by Dr. Wish

GMI2/6

GMI-23/9

T210850%

The major indexes had failed rally attempts. This “naked” chart shows the QQQ 10 week average declining below the declining 30 week average. Not a good sign. Cash is still the best position for me now.

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1 thought on “Blog post: Day 7 of $QQQ short term down-trend; Things looking ominous again”

Dinesh Agrawal (@dineshagrawal)

Thursday, April 21, 2022 at 6:40 pm

Are you buying/holding SQQQ?

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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.
FTAI	10/26/23	$34.79	$118.60	240.90%
META	1/23/24	$384.33	$733.63	90.89%
APP	9/17/24	$116.09	$333.78	187.52%
COST	12/11/23	$615.27	$985.14	60.12%
GDDY	11/22/23	$93.75	$180.07	92.07%
WING	11/15/23	$223.77	$347.61	55.34%
CAVA	4/22/24	$58.10	$77.89	34.06%
CAH	11/3/23	$95.45	$167.18	75.15%
PGR	10/13/23	$149.87	$263.99	76.15%
NFLX	10/18/24	$700.99	$1,323.12	88.75%
MPTI	10/9/23	$21.00	$41.59	98.05%
AGX	9/6/24	$76.70	$219.74	186.49%
SFM	1/29/24	$49.45	$162.13	227.87%
CBOE	8/4/23	$138.54	$229.00	65.30%
VST	8/4/23	$27.96	$195.04	597.57%
MOD	8/3/23	$37.62	$101.34	169.38%
VRT	8/2/23	$28.80	$127.16	341.53%
PSN	8/2/23	$50.15	$70.57	40.72%
PHM	4/25/23	$63.90	$105.52	65.13%
CRS	4/23/24	$79.66	$275.82	246.25%
IBKR	2/9/24	$95.59	$53.96	-43.55%
EAT	10/1/24	$78.33	$180.05	129.86%
DUOL	9/18/24	$245.87	$411.26	67.27%
HWM	11/14/23	$51.34	$184.90	260.15%
LRN	10/23/24	$69.70	$145.62	108.92%
SPOT	11/6/24	$387.44	$772.60	99.41%
CRS	4/23/24	$79.66	$275.82	246.25%