Blog Post: Day 12 of $QQQ short term up-trend, could end on Wednesday; longer term up-trend still intact with GMI=6

Tuesday, September 3, 2024 @ 10:51 pm by Dr. Wish

GMI6/6

GMI-23/9

T210851%

QQQ closed back below all 12 averages. RWB up-trend over. Time to be very defensive.

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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	$73.25	14.36%
META	1/23/24	$384.33	$554.08	44.17%
SMCI	1/19/24	$35.70	$18.58	-47.96%
COST	12/11/23	$615.27	$907.07	47.43%
GDDY	11/22/23	$93.75	$182.92	95.11%
WING	11/15/23	$223.77	$316.68	41.52%
ELF	1/8/24	$139.85	$121.33	-13.24%
CAH	11/3/23	$95.45	$118.78	24.44%
PGR	10/13/23	$149.87	$255.78	70.67%
ANF	12/18/23	$85.77	$144.64	68.64%
MPTI	10/9/23	$21.00	$56.40	168.57%
PANW	8/21/23	$213.61	$387.00	81.17%
NVO	8/8/23	$86.49	$101.74	17.63%
CBOE	8/4/23	$138.54	$200.71	44.88%
VST	8/4/23	$27.96	$142.15	408.40%
MOD	8/3/23	$37.62	$123.27	227.67%
VRT	8/2/23	$28.80	$120.87	319.69%
PSN	8/2/23	$50.15	$97.40	94.22%
PHM	4/25/23	$63.90	$128.89	101.71%

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