Wishing Wealth - Stock Market Technical Indicators & Analysis

New $QQQ short term up-trend

Thursday, August 14, 2014 @ 9:32 pm by Dr. Wish

GMI4/6

GMI-28/9

T210841%

If the GMI holds 4 or more on Friday, it will flash a Buy signal.

IBD calls new market up-trend;

Wednesday, August 13, 2014Wednesday, August 13, 2014 @ 8:46 pm by Dr. Wish

GMI2/6

GMI-28/9

T210837%

My $QQQ short term down-trend reached its 9th day on Wednesday. A strong day on Thursday will start a new short-term up-trend. I cut back on my shorts and started building a long position in TQQQ. This market could still go in either direction.

8th day of $QQQ short term down-trend

Tuesday, August 12, 2014 @ 9:34 pm by Dr. Wish

GMI1/6

GMI-26/9

T210833%

This market is still struggling to make up its mind. It could break either way.

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	$114.00	227.68%
META	1/23/24	$384.33	$719.04	87.09%
APP	9/17/24	$116.09	$334.68	188.29%
COST	12/11/23	$615.27	$985.09	60.11%
GDDY	11/22/23	$93.75	$178.62	90.53%
WING	11/15/23	$223.77	$335.39	49.88%
CAVA	4/22/24	$58.10	$82.28	41.62%
CAH	11/3/23	$95.45	$164.51	72.35%
PGR	10/13/23	$149.87	$264.50	76.49%
NFLX	10/18/24	$700.99	$1,295.32	84.78%
MPTI	10/9/23	$21.00	$40.23	91.57%
AGX	9/6/24	$76.70	$204.47	166.58%
SFM	1/29/24	$49.45	$162.43	228.47%
CBOE	8/4/23	$138.54	$231.12	66.83%
VST	8/4/23	$27.96	$184.63	560.34%
MOD	8/3/23	$37.62	$98.51	161.86%
VRT	8/2/23	$28.80	$122.08	323.89%
PSN	8/2/23	$50.15	$73.04	45.64%
PHM	4/25/23	$63.90	$110.50	72.93%
CRS	4/23/24	$79.66	$273.21	242.97%
IBKR	2/9/24	$95.59	$56.33	-41.07%
EAT	10/1/24	$78.33	$184.51	135.55%
DUOL	9/18/24	$245.87	$401.44	63.27%
HWM	11/14/23	$51.34	$177.26	245.27%
LRN	10/23/24	$69.70	$141.70	103.30%
SPOT	11/6/24	$387.44	$724.94	87.11%
CRS	4/23/24	$79.66	$273.21	242.97%