Blog Post: Day 5 of $QQQ short term up-trend; 45 US new highs and 85 lows, 15 at ATH; $IOT is holding Tuesday’s GLB, see daily and monthly charts

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IOT had a GLB (green line break-out) to an ATH on Tuesday on above average volume. Will it hold in a weak market? It has a MarketSmith Comp rating=96 and RS=98. IOT is just starting to earn a profit. If it closes below the green line at 31.41 it would be a failed GLB and time to exit. If it then retakes its green line I would buy it back.

Here is its promising monthly chart. It was an IPO in 2021.

 

Blog Post: Day 2 of $QQQ short term up-trend; GMI turns Green; 122 US new highs and 22 lows, 47 at ATH; see list of 10 growth stock doublers at ATH; $ELF rockets higher again, see monthly chart

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Stocks are sorted by close/minimum price last 250 days. For example, VRT is 4.2x its yearly low price. If the market holds, some of these stocks may turn out to be true market leaders.

ELF does it again, see monthly chart. Note GLB.(green line break-out)in  July, 2022.