Blog post: Day 1 of new $QQQ short term up-trend and a daily RWB up-trend, but GMI still Red

Wednesday, December 8, 2021 @ 9:58 pm by Dr. Wish

GMI3/6

GMI-27/9

T210838%

I want to see the GMI turn Green before I trade on the new QQQ up-trend. But notice the beginning of a daily RWB up-trend for QQQ.

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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	$165.96	377.03%
META	1/23/24	$384.33	$567.20	47.58%
APP	9/17/24	$116.09	$315.41	171.69%
COST	12/11/23	$615.27	$965.98	57.00%
GDDY	11/22/23	$93.75	$198.80	112.05%
WING	11/15/23	$223.77	$332.69	48.67%
CAVA	4/22/24	$58.10	$141.87	144.18%
CAH	11/3/23	$95.45	$123.03	28.89%
PGR	10/13/23	$149.87	$268.54	79.18%
ANF	12/18/23	$85.77	$149.25	74.01%
MPTI	10/9/23	$21.00	$67.74	222.57%
PANW	8/21/23	$213.61	$386.54	80.96%
NVO	8/8/23	$86.49	$105.12	21.54%
CBOE	8/4/23	$138.54	$219.50	58.44%
VST	8/4/23	$27.96	$154.86	453.86%
MOD	8/3/23	$37.62	$133.29	254.31%
VRT	8/2/23	$28.80	$126.04	337.64%
PSN	8/2/23	$50.15	$95.60	90.63%
PHM	4/25/23	$63.90	$137.14	114.62%
CRS	4/23/24	$79.66	$192.01	141.04%
IBKR	2/9/24	$95.59	$191.20	100.02%
BX	10/11/24	$149.78	$190.02	26.87%

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