Dead cat bounce?

Thursday, December 27, 2018 @ 7:28 am by Dr. Wish

GMI0/6

GMI-21/9

T21086%

Market was very oversold. It will take a lot more to turn the trend up. Stay tuned. Here is the daily RWB 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.
FTAI	10/26/23	$34.79	$127.11	265.36%
META	1/23/24	$384.33	$599.81	56.07%
APP	9/17/24	$116.09	$335.17	188.72%
COST	12/11/23	$615.27	$939.70	52.73%
GDDY	11/22/23	$93.75	$203.45	117.01%
WING	11/15/23	$223.77	$285.37	27.53%
CAVA	4/22/24	$58.10	$114.37	96.85%
CAH	11/3/23	$95.45	$119.14	24.82%
PGR	10/13/23	$149.87	$241.02	60.82%
ANF	12/18/23	$85.77	$153.88	79.41%
MPTI	10/9/23	$21.00	$50.62	141.05%
PANW	8/21/23	$213.61	$186.18	-12.84%
NVO	8/8/23	$86.49	$87.37	1.02%
CBOE	8/4/23	$138.54	$197.23	42.36%
VST	8/4/23	$27.96	$139.68	399.57%
MOD	8/3/23	$37.62	$118.65	215.39%
VRT	8/2/23	$28.80	$115.11	299.69%
PSN	8/2/23	$50.15	$93.13	85.70%
PHM	4/25/23	$63.90	$109.52	71.39%
CRS	4/23/24	$79.66	$170.66	114.24%
IBKR	2/9/24	$95.59	$178.91	87.16%
BX	10/11/24	$149.78	$174.01	16.18%

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