I never hold a stock or ETF without a daily RWB up-trend pattern–$TSLA, $QQQ, $SPY

GMI2/6
GMI-21/8
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A good example of this is TSLA, which lost its RWB up-trend pattern  early last December, around $347. It later entered a BWR down-trend that has continued through today, now around $192.   I only buy/hold stocks in RWB up-trends (all red lines above the rising blue lines with a white space between them).

 

By the way, QQQ has lost its daily RWB up-trend. Will it enter a BWR down-trend?

 

SPY has a  similar pattern.

3 thoughts on “I never hold a stock or ETF without a daily RWB up-trend pattern–$TSLA, $QQQ, $SPY”

  1. Hi Dr. Wish — I know you are cash in your trading account, but when do you go to cash in your retirement accounts? GMI-red + 3-days? Thanks!

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