Blog Post: Day 1 of $QQQ short term down-trend; Buying a little $SQQQ and adding slowly, see daily chart

Monday, February 27, 2023 @ 9:21 pm by Dr. Wish

GMI3/6

GMI-24/9

T210849%

I have found that about 40% of new QQQ short term down-trends end within 5 days. So I buy a little SQQQ on Day 1 and increase the position slowly. SQQQ has now closed above its daily 8exp and 21exp averages.

1 thought on “Blog Post: Day 1 of $QQQ short term down-trend; Buying a little $SQQQ and adding slowly, see daily chart”

sjazzbro

Tuesday, February 28, 2023 at 7:33 pm

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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	$129.38	271.89%
META	1/23/24	$384.33	$607.75	58.13%
APP	9/17/24	$116.09	$341.83	194.45%
COST	12/11/23	$615.27	$958.82	55.84%
GDDY	11/22/23	$93.75	$206.74	120.52%
WING	11/15/23	$223.77	$291.75	30.38%
CAVA	4/22/24	$58.10	$118.52	103.99%
CAH	11/3/23	$95.45	$118.83	24.49%
PGR	10/13/23	$149.87	$243.24	62.30%
ANF	12/18/23	$85.77	$152.07	77.30%
MPTI	10/9/23	$21.00	$51.39	144.71%
PANW	8/21/23	$213.61	$189.51	-11.28%
NVO	8/8/23	$86.49	$87.37	1.02%
CBOE	8/4/23	$138.54	$194.41	40.33%
VST	8/4/23	$27.96	$143.36	412.73%
MOD	8/3/23	$37.62	$118.58	215.20%
VRT	8/2/23	$28.80	$118.74	312.29%
PSN	8/2/23	$50.15	$93.43	86.30%
PHM	4/25/23	$63.90	$110.75	73.32%
CRS	4/23/24	$79.66	$174.52	119.08%
IBKR	2/9/24	$95.59	$180.50	88.83%
BX	10/11/24	$149.78	$175.69	17.30%

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1 thought on “Blog Post: Day 1 of $QQQ short term down-trend; Buying a little $SQQQ and adding slowly, see daily chart”

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