Stock Market Technical Indicators & Analysis
Friday’s decline came on markedly increased trading volume. With earnings season over we may get a post-earnings lull until late March? A black or blue or green dot (oversold bounce) might signal the beginning of a new move up. Time will only tell…. Check out my dot indicators by going to the Webinars tab on this blog and selecting my 2024 Meetup presentation.
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).
GEHC came public in December, 2022. Last week it closed at an ATH, after a many months long consolidation. See weekly and monthly charts. To remain a successful GLB, it must not close below the green line, at 87.83.
