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	$71.70	11.94%
META	1/23/24	$384.33	$530.83	38.12%
SMCI	1/19/24	$357.00	$453.20	26.95%
COST	12/11/23	$615.27	$907.03	47.42%
GDDY	11/22/23	$93.75	$150.82	60.87%
WING	11/15/23	$223.77	$409.05	82.80%
ELF	1/8/24	$139.85	$112.53	-19.54%
CAH	11/3/23	$95.45	$113.31	18.71%
PGR	10/13/23	$149.87	$257.10	71.55%
ANF	12/18/23	$85.77	$133.90	56.12%
MPTI	10/9/23	$21.00	$35.02	66.76%
PANW	8/21/23	$213.61	$345.70	61.84%
NVO	8/8/23	$86.49	$137.44	58.91%
CBOE	8/4/23	$138.54	$212.52	53.40%
VST	8/4/23	$27.96	$89.27	219.28%
MOD	8/3/23	$37.62	$112.73	199.65%
VRT	8/2/23	$28.80	$86.33	199.76%
PSN	8/2/23	$50.15	$98.78	96.97%
PHM	4/25/23	$63.90	$140.50	119.87%

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