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Blog Post: Day 75 of $QQQ short term up-trend; GMI is back to 6; See list of 10 stocks that reached an ATH and bounced off of their 8 EMA, see example chart of $CRDO.

@ 6:34 pm
GMI6/6
GMI-27/9
T210852%

If I bought one of these I would sell with a close below the 8 EMA.They are sorted by earnings date. I explained this setup during my recent TraderLion appearance.

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CRDO is a fine example of this setup. It is above the last green line and has been tracking its 8 EMA. IBD Comp=99 with estimated earnings up tripe digits. It has already advanced more than 4x from last year.

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Blog Post: Day 69 of $QQQ short term up-trend; Support has held with a Blue Dot and the short term up-trend continues, for now; see daily chart and my strategy..

@ 9:00 pm
GMI5/6
GMI-24/9
T210844%

The blue dot and bounce up off of the lower 15.2 daily Bollinger Band pattern contained the decline like it did on June 23, at least for now. See my recent presentation at Day 6 of the TraderLion Conference 25 for an explanation of the Blue Dot of Happiness setup. The GMI rose to 5 (of 6). I held my breath and nibbled at TQQQ near the close. Because it is near the bounce, I will have a small loss if the bounce fails. If the up-trend continues I will gradually accumulate TQQQ.

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