So many failed break-outs, $QQQ-head and shoulders top?

Tuesday, March 5, 2019 @ 8:37 am by Dr. Wish

GMI6/6

GMI-25/9

T210874%

With so many failed break-outs could the QQQ be setting up for a head and shoulders top? Check out this weekly chart.

2 thoughts on “So many failed break-outs, $QQQ-head and shoulders top?”

Reg

Tuesday, March 5, 2019 at 7:49 pm

I took a closer look at your above weekly QQQ chart – and the 30 week MA still appears to point downward. Is this what you are seeing as well?

Oddly though, when I chart this same graph on Yahoo Finance Chart – the 30 week MA looks like it’s slowly heading upwards.

thoughts?

Loading...
SM

Wednesday, March 6, 2019 at 8:14 am

Failed BOs?

Loading...

Leave a ReplyCancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

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	$171.02	391.58%
META	1/23/24	$384.33	$561.09	45.99%
APP	9/17/24	$116.09	$321.19	176.67%
COST	12/11/23	$615.27	$930.15	51.18%
GDDY	11/22/23	$93.75	$187.40	99.89%
WING	11/15/23	$223.77	$335.58	49.97%
CAVA	4/22/24	$58.10	$141.25	143.12%
CAH	11/3/23	$95.45	$118.33	23.97%
PGR	10/13/23	$149.87	$254.51	69.82%
ANF	12/18/23	$85.77	$142.58	66.24%
MPTI	10/9/23	$21.00	$60.00	185.71%
PANW	8/21/23	$213.61	$388.06	81.67%
NVO	8/8/23	$86.49	$102.63	18.66%
CBOE	8/4/23	$138.54	$204.98	47.96%
VST	8/4/23	$27.96	$154.86	453.86%
MOD	8/3/23	$37.62	$136.01	261.54%
VRT	8/2/23	$28.80	$140.94	389.38%
PSN	8/2/23	$50.15	$94.42	88.28%
PHM	4/25/23	$63.90	$128.51	101.11%
CRS	4/23/24	$79.66	$184.50	131.61%
IBKR	2/9/24	$95.59	$185.51	94.07%
BX	10/11/24	$149.78	$184.91	23.45%

Share this:

Related

2 thoughts on “So many failed break-outs, $QQQ-head and shoulders top?”

Leave a ReplyCancel reply