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.
UBER	1/25/24	$64.05	$68.47	6.90%
META	1/23/24	$384.33	$552.10	43.65%
SMCI	1/19/24	$35.70	$26.85	-24.79%
COST	12/11/23	$615.27	$917.33	49.09%
GDDY	11/22/23	$93.75	$185.63	98.01%
WING	11/15/23	$223.77	$322.83	44.27%
ELF	1/8/24	$139.85	$118.93	-14.96%
CAH	11/3/23	$95.45	$119.72	25.43%
PGR	10/13/23	$149.87	$253.30	69.01%
ANF	12/18/23	$85.77	$137.93	60.81%
MPTI	10/9/23	$21.00	$54.02	157.24%
PANW	8/21/23	$213.61	$385.59	80.51%
NVO	8/8/23	$86.49	$102.04	17.98%
CBOE	8/4/23	$138.54	$205.64	48.43%
VST	8/4/23	$27.96	$144.75	417.70%
MOD	8/3/23	$37.62	$124.80	231.74%
VRT	8/2/23	$28.80	$130.15	351.91%
PSN	8/2/23	$50.15	$95.21	89.85%
PHM	4/25/23	$63.90	$126.67	98.23%

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