Blog Post: Day 36 of $QQQ short term up-trend; Here are 14 of 78 growth stocks that reached an ATH on Tuesday that closed at least twice their price one year ago
8 thoughts on “Blog Post: Day 36 of $QQQ short term up-trend; Here are 14 of 78 growth stocks that reached an ATH on Tuesday that closed at least twice their price one year ago”
XPO looks tasty. All the rest look extended to me. Just my worthless two cents HAHA!
Loading...
Dr Wish, HELP! 🙂
i’ve seen many asking how you manage a GLB trade once you get in it and it starts to move up. But I haven’t been able to find your answer/an article on that. Watched your 2022 TraderLion conference video where it was asked but not answered as well. Anywhere you could point us?
Loading...
I have repeatedly read that he would get out “when it closes back below the green line” pivot, which makes perfect sense! Except that I am unsure about: does he mean a close on a daily, or weekly, or monthly basis ?? I have asked this question here before but there was no response. Maybe I need to dig deeper into the info on this site to find the answer? If anyone knows, please comment! That includes you Dr. Wish! (Helloooo!) Meanwhile, I will apply my own “common sense” (LOL) to this question. Which is to simply watch it closely from the day it closes below the green line and rip the cord when it does not recover immediately. As they say, “you can always get back in” HAHA!
Loading...
Time to go long SOXS. The semis are WAY over extended as is the rest of the market.
Loading...
I first went long SOXS on 12/15.. in hindsight prematurely HAHA! But I trimmed on 12/20 and I can take the heat.. at least for the moment.
Loading...
As for when to exit you may want watch for the 3EMA crossing below the 60 EMA (something I’ve extracted looking at Guppy charts which are very handy to easily see the strength of a trend change. Also the 7-day Chaikin Money Flow usually dries up before a dip. And I like the TTM Squeeze indicator to time entries and exits.
Loading...
Thank you will check it out!
Loading...
Thanks @Dirk Friedrich – Yes,
1) I also have gathered exit when it closes below the green line.
2) Haven’t seen anything about what time frame is to be used for that. I assume DAILY.
3) Buy back in if it closes on the DAILY above the green line.
But what I’m asking is: What are the SELL RULES for when it rises above the green line.
Dr. Wish was asked by a viewer in his 2022 Trader Lion interview with Richard Moglen, and I SEEM TO REMEMBER (I could have missed something here so check it out for yourself), he responded basically… “yes, now.. that’s the hard part – that’s the art” (and nothing more). I haven’t yet listened to his 2021 Trader Lion interview, but I intend to, hoping maybe it was addressed there.
XPO looks tasty. All the rest look extended to me. Just my worthless two cents HAHA!
Dr Wish, HELP! 🙂
i’ve seen many asking how you manage a GLB trade once you get in it and it starts to move up. But I haven’t been able to find your answer/an article on that. Watched your 2022 TraderLion conference video where it was asked but not answered as well. Anywhere you could point us?
I have repeatedly read that he would get out “when it closes back below the green line” pivot, which makes perfect sense! Except that I am unsure about: does he mean a close on a daily, or weekly, or monthly basis ?? I have asked this question here before but there was no response. Maybe I need to dig deeper into the info on this site to find the answer? If anyone knows, please comment! That includes you Dr. Wish! (Helloooo!) Meanwhile, I will apply my own “common sense” (LOL) to this question. Which is to simply watch it closely from the day it closes below the green line and rip the cord when it does not recover immediately. As they say, “you can always get back in” HAHA!
Time to go long SOXS. The semis are WAY over extended as is the rest of the market.
I first went long SOXS on 12/15.. in hindsight prematurely HAHA! But I trimmed on 12/20 and I can take the heat.. at least for the moment.
As for when to exit you may want watch for the 3EMA crossing below the 60 EMA (something I’ve extracted looking at Guppy charts which are very handy to easily see the strength of a trend change. Also the 7-day Chaikin Money Flow usually dries up before a dip. And I like the TTM Squeeze indicator to time entries and exits.
Thank you will check it out!
Thanks @Dirk Friedrich – Yes,
1) I also have gathered exit when it closes below the green line.
2) Haven’t seen anything about what time frame is to be used for that. I assume DAILY.
3) Buy back in if it closes on the DAILY above the green line.
But what I’m asking is: What are the SELL RULES for when it rises above the green line.
Dr. Wish was asked by a viewer in his 2022 Trader Lion interview with Richard Moglen, and I SEEM TO REMEMBER (I could have missed something here so check it out for yourself), he responded basically… “yes, now.. that’s the hard part – that’s the art” (and nothing more). I haven’t yet listened to his 2021 Trader Lion interview, but I intend to, hoping maybe it was addressed there.