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Dr. Wish

Blog post: Day 6 of $QQQ short term up-trend; 10 stocks pass WeeklyGreenBar scan; $FANG and $MP had GLB, see charts

Sunday, March 27, 2022 @ 9:06 pm by Dr. Wish
GMI5/6
GMI-26/9
T210856%

These 10 stocks passed my WeeklyGreenBar scan. They came from my IBD/MS lists, had strong weekly technical patterns, near ATH and RS (SPY) at a 20 week high.

 

 

FANG and MP had a GLB last week. Weekly charts below.

 

The GMI remains on a Green signal

 

 

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Blog post: Day 5 of $QQQ short term up-trend; $MP found in scan plus GLB and cup with handle break-out

Thursday, March 24, 2022 @ 6:54 pm by Dr. Wish
GMI5/6
GMI-26/9
T210855%

The following six stocks came up in my WeeklyGreenBar scan: MP,CMC,ATSG,SQM,NUE,PANW. My stock buddy, Judy, actually called me about MP before I looked at the scan. MP has a high volume GLB on Thursday. The weekly chart shows a cup with handle break-out.

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Blog post: Day 4 of $QQQ short term up-trend; Five IBD/MS stocks pass WeeklyGreenBar scan: $PANW, $FANG, $NUE, $COP, $TRTN; $FANG has GLB, see chart

Wednesday, March 23, 2022 @ 9:37 pm by Dr. Wish
GMI4/6
GMI-26/9
T210851%

FANG had a GLB, green line breakout to an ATH, but not on above average volume. See weekly and daily charts.

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Current GMI Signal

GREEN

since close on May 5, 2024

Successful GLBTracker

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.DateGLB $Now $Chg.
HWM11/14/23$51.34$183.81258.02%
SFM1/29/24$49.45$133.69170.35%
CRS4/23/24$79.66$246.62209.59%
AGX9/6/24$76.70$231.17201.40%
BKNG9/16/24$3,918.00$5,460.2739.36%
APP9/17/24$116.09$573.64394.13%
DUOL9/18/24$245.87$279.3013.60%
EAT10/1/24$78.33$150.4492.06%
NFLX10/18/24$700.99$1,251.7578.57%
LRN10/23/24$69.70$160.33130.03%
PLTR11/5/24$44.91$167.52273.01%
SPOT11/6/24$387.44$704.7081.89%
CRWD4/24/25$398.33$426.136.98%
CLS5/1/25$87.00$249.71187.02%
RGC5/1/25$1.55$13.48769.68%
LMB5/6/25$107.00$104.56-2.28%
SEZL5/9/25$79.59$90.5513.77%
CRWV5/14/25$64.62$119.8885.52%
GEV5/20/25$447.50$639.6942.95%
NVDA6/3/25$140.76$177.5526.14%
TSSI6/6/2025$18.26$15.85-13.20%
CCJ6/9/25$62.55$80.0527.98%
ORCL6/12/25$198.31$336.2169.54%

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  • Blog post: David, my co-presenter, brilliant colleague of 20+ years died in a freak accident on 2/18; Day 35 of $QQQ short term down-trend; 15 promising stocks to monitor
  • Blog Post: Day 11 of $QQQ short term up-trend; QQQ is gaining strength, H+S top pattern no more; $IREN had a high volume retake of its green line, see daily and monthly charts.
  • Blog Post: Day 9 of $QQQ short term up-trend; A most difficult and conflicted market, see daily chart of $QQQ and my thoughts.
  • Blog Post: Day 8 of $QQQ short term up-trend; $QQQ held the head and shoulders neckline–but will it overtake the right shoulder?
  • Blog Post Day 6 of $QQQ short term up-trend but likely will end on Wednesday; $GOOGL holds its green line and will likely gap up on Wednesday on news.
  • Blog Post: Day 5 of $QQQ short term up-trend; But $QQQ raisng some serious concerns, see possible Head and Shoulders top pattern in daily chart; Charts of $DIA and $SPY tell quite a different story; But check out $GOOGL’s daily chart.

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Recommended Reading

QQQ and TQQQ ETF Profit Machine Momentum Masters - A Roundtable Interview with Super Traders - Minervini, Ryan, Zanger & Ritchie II Alan Ellman's Selling Cash-Secured Puts: Investing to Generate Monthly Cash Flow Stock Investing For Students - a plan to get rich slowly and retire young Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market Exit Strategies for Covered Call Writing: Making the Most Money When Selling Stock Options Complete Encyclopedia for Covered Call Writing Wall Street The Other Las Vegas How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition Trend Trading: A seven step approach to success How Legendary Traders Made Millions: Profiting From the Investment Strategies of the Gretest Traders of All time The Complete TurtleTrader: The Legend, the Lessons, the Results How to Make Money Selling Stocks Short Reminiscences of a Stock Operator Stan Weinstein's Secrets For Profiting in Bull and Bear Markets Lessons from the Greatest Stock Traders of All Time How I Made $2,000,000 In The Stock Market

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