Blog Post: Day 37 of $QQQ short term up-trend; My scan of the best performing stocks that were at least 1.9x their price a year ago and reached an ATH within the past 10 weeks yielded these 23 stocks

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These are worth researching. They all reached an ATH in the past 10 weeks, have a weekly 10.4 stochastics>=80 for at least the past 10 consecutive weeks and come from my watchlist of IBD/MS stocks. The list is sorted by current price/price 250 days ago.

The GMI is Green and registers 6 (of 6).

Blog Post: Day 36 of $QQQ short term up-trend; 13 GLBs Thursday: $CELH, $SOVO, $RYAN, $CAVA, $DCI, $CRAI, $CECO, $ATKR, $SXI, $EMR, $LDOS, $ALV, $LLYVA, see charts

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A few of these had their GLB (green line break-out) on Wednesday but looked good enough to list. A GLB is moire likely to work out if it occurs with above average trading volume. Here are two examples. A close below the green line would be a failed GLB.

Blog Post: Day 34 of $QQQ short term up-trend; $ANF, an amazing pattern of an advancing growth stock, see weekly chart and explanation of this technical pattern, also $GCT

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I have found that one of the best patterns for an advancing stock is one where the 4wk average>10wk avg >30wk avg for several weeks and the stock consistently closes the week above its 4 week average. In such a stock one could buy when the stock closes the week after a bounce above its 4 wk average, designated by green bars in this chart. A green bar signifies  that it has traded below or at the 4wk average  at some point during the week and then closed the week back above it. A sign of possible technical weakness would be if such a stock closes the week below the 4 wk average. ANF last closed the week below its 4 wk average on October 27, 2223. Since that time it has closed every week above its 4 week average!  The last price bar here is the current week thus far, showing the range through Tuesday only. ANF is currently floating above its 4 wk average, a sign of its possibly being extended. What a nice pattern to ride. This pattern works best by buying late Friday or Monday morning after one can be sure that a stock closes the week with a green bar and above its 4 week average. I often use TC2000 to scan for stocks with a weekly green bar. Another recent example is GCT.