$BABA on verge of break-out?

Tuesday, January 23, 2018 @ 11:37 pm by Dr. Wish

GMI6/6

GMI-28/9

T210871%

This weekly chart suggests a possible cup with handle pattern. Looking for a high volume break-out on Wednesday.

Below is daily RWB chart. Note Tuesday’s high volume rise.

1 thought on “$BABA on verge of break-out?”

Thomas Skowronski

Wednesday, January 24, 2018 at 3:03 am

Baba has been on a squeeze for 5 weeks on the weekly chart.

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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.
ENLT	6/18/25	$20.44	$85.42	317.91%
SFM	1/29/24	$49.45	$90.02	82.04%
CRS	4/23/24	$79.66	$406.37	410.13%
AGX	9/6/24	$76.70	$639.58	733.87%
SATS	8/26/25	$50.21	$136.52	171.90%
APP	9/17/24	$116.09	$476.90	310.80%
EAT	10/1/24	$78.33	$126.33	61.28%
PLTR	11/5/24	$44.91	$135.26	201.18%
ALMS	1/6/26	$13.53	$21.53	59.13%
BE	8/22/25	$44.95	$261.34	481.40%
CLS	5/1/25	$87.00	$339.13	289.80%
RGC	5/1/25	$1.55	$27.00	1641.94%
CCJ	6/9/25	$62.55	$103.52	65.50%
RHLD	8/12/25	$54.05	$107.21	98.35%
GEV	5/20/25	$447.50	$1,011.80	126.10%
CLS	6/25/25	$144.27	$339.13	135.07%
MIRM	8/7/2025	$54.23	$95.65	76.38%
CCJ	6/9/25	$62.55	$103.52	65.50%
WDC	9/4/25	$86.66	$455.80	425.96%
SNDK	9/4/25	$58.36	$1,383.29	2270.27%
STX	6/3/2025	$117.67	$733.35	523.23%
TTMI	6/3/25	$30.41	$161.41	430.78%
MU	9/29/25	$157.54	$698.74	343.53%
INBX	7/8/25	$18.95	$109.51	477.89%
SPHR	9/11/25	$56.08	$135.33	141.32%
FIX	7/24/25	$553.09	$1,825.50	230.05%

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