GMI rises to 4; 7th day of QQQ short term down-trend

Wednesday, October 17, 2012 @ 7:09 am by Dr. Wish

GMI4/6

GMI-24/9

T210864%

Another strong day on Wednesday could turn the GMI signal to “Buy.” IBD still calls market in a correction.

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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	$171.68	393.48%
META	1/23/24	$384.33	$574.40	49.45%
APP	9/17/24	$116.09	$329.88	184.16%
COST	12/11/23	$615.27	$969.01	57.49%
GDDY	11/22/23	$93.75	$202.27	115.75%
WING	11/15/23	$223.77	$332.01	48.37%
CAVA	4/22/24	$58.10	$142.91	145.97%
CAH	11/3/23	$95.45	$121.84	27.65%
PGR	10/13/23	$149.87	$267.29	78.35%
ANF	12/18/23	$85.77	$147.36	71.81%
MPTI	10/9/23	$21.00	$67.30	220.48%
PANW	8/21/23	$213.61	$394.04	84.47%
NVO	8/8/23	$86.49	$106.54	23.18%
CBOE	8/4/23	$138.54	$216.99	56.63%
VST	8/4/23	$27.96	$161.70	478.33%
MOD	8/3/23	$37.62	$140.18	272.62%
VRT	8/2/23	$28.80	$130.53	353.23%
PSN	8/2/23	$50.15	$98.08	95.57%
PHM	4/25/23	$63.90	$134.70	110.80%
CRS	4/23/24	$79.66	$196.10	146.17%
IBKR	2/9/24	$95.59	$192.59	101.48%
BX	10/11/24	$149.78	$190.77	27.37%

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