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$SSTI breaks out again, after 2 green dot signals

Thursday, June 7, 2018 @ 9:36 pm by Dr. Wish
GMI6/6
GMI-28/9
T210869%

I wrote about SSTI as the new Taser stock on March 19 when it was 23.54. It consolidated and then broke out again. See weekly chart. Stocks that double often go on to double again.

Note the green dot signals on the daily chart.

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Utilities ETF $XLU collapses with rising rates; 25th day of $QQQ short term up-trend

Wednesday, June 6, 2018 @ 9:06 pm by Dr. Wish
GMI6/6
GMI-28/9
T210868%

 

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$QQQ holds break-out; 24th day of $QQQ short term up-trend

Tuesday, June 5, 2018 @ 9:49 pm by Dr. Wish
GMI6/6
GMI-28/9
T210866%

QQQ continues beyond break-out level. Note the Bollinger Band expansion.

 

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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.
FTAI10/26/23$34.79$113.86227.28%
META1/23/24$384.33$719.2287.14%
APP9/17/24$116.09$336.69190.02%
COST12/11/23$615.27$985.9660.25%
GDDY11/22/23$93.75$178.4090.29%
WING11/15/23$223.77$335.4549.91%
CAVA4/22/24$58.10$82.3241.69%
CAH11/3/23$95.45$164.4072.24%
PGR10/13/23$149.87$264.3076.35%
NFLX10/18/24$700.99$1,293.6084.54%
MPTI10/9/23$21.00$40.0190.52%
AGX9/6/24$76.70$203.78165.68%
SFM1/29/24$49.45$162.10227.81%
CBOE8/4/23$138.54$232.0067.46%
VST8/4/23$27.96$185.10562.02%
MOD8/3/23$37.62$98.00160.50%
VRT8/2/23$28.80$122.54325.49%
PSN8/2/23$50.15$72.7745.10%
PHM4/25/23$63.90$109.9472.05%
CRS4/23/24$79.66$271.75241.14%
IBKR2/9/24$95.59$56.32-41.08%
EAT10/1/24$78.33$184.02134.93%
DUOL9/18/24$245.87$403.0663.93%
HWM11/14/23$51.34$176.22243.24%
LRN10/23/24$69.70$141.55103.08%
SPOT11/6/24$387.44$722.3586.44%
CRS4/23/24$79.66$271.75241.14%

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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 45 of $QQQ short term up-trend; $HOOD takes off with a high volume GLB and closes at ATH, see daily and monthly charts.
  • Blog Post: Day 44 of $QQQ short term up-trend; TA works also for mutual funds; See GLB last week in Fidelity Contrafund, $FCNKX, and learn how I analyze the market and a great source to limit losses.
  • Blog Post: Day 43 of $QQQ short term up-trend; So many breakouts–$RKLB had a high volume GLB on Thursday, see daily and monthly charts.
  • Blog Post: $CLS had GLB on Wednesday. See daily and weekly charts.
  • Blog Post: Day 41 of $QQQ short term up-trend; $QQQ had a blue dot oversold bounce on Monday, see daily chart; $CRDO and $PWR had a GLB on Tuesday, see charts.

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Recommended Reading

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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