Blog Post: Day 18 of $QQQ short term down-trend; $QQQ still in a BWR daily down-trend, see chart.

Tuesday, August 13, 2024 @ 10:57 pm by Dr. Wish

GMI1/6

GMI-25/9

T210844%

QQQ still closed (dotted line) below all blue averages. The next few days should tell us whether an up-trend materializes or the decline resumes.

1 thought on “Blog Post: Day 18 of $QQQ short term down-trend; $QQQ still in a BWR daily down-trend, see chart.”

Vik M

Wednesday, August 14, 2024 at 12:14 pm

Hi Dr. Wish! For the blue plots, what Exp Avg intervals are you using beyond 30, 35 and 40? Thanks for your posts and insights! 🙂

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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.
UBER	1/25/24	$64.05	$75.28	17.53%
META	1/23/24	$384.33	$559.10	45.47%
SMCI	1/19/24	$357.00	$437.20	22.46%
COST	12/11/23	$615.27	$900.74	46.40%
GDDY	11/22/23	$93.75	$160.14	70.82%
WING	11/15/23	$223.77	$421.53	88.38%
ELF	1/8/24	$139.85	$114.59	-18.06%
CAH	11/3/23	$95.45	$110.76	16.04%
PGR	10/13/23	$149.87	$255.30	70.35%
ANF	12/18/23	$85.77	$139.32	62.43%
MPTI	10/9/23	$21.00	$35.55	69.29%
PANW	8/21/23	$213.61	$333.60	56.17%
NVO	8/8/23	$86.49	$134.88	55.95%
CBOE	8/4/23	$138.54	$206.94	49.37%
VST	8/4/23	$27.96	$92.74	231.69%
MOD	8/3/23	$37.62	$127.50	238.92%
VRT	8/2/23	$28.80	$92.06	219.65%
PSN	8/2/23	$50.15	$99.92	99.24%
PHM	4/25/23	$63.90	$144.98	126.89%

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1 thought on “Blog Post: Day 18 of $QQQ short term down-trend; $QQQ still in a BWR daily down-trend, see chart.”

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