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Dr. Wish

Blog post: 18th day of $QQQ short term up-trend; $AOUT surging after re-test of GLB, and green and black dots

Monday, June 21, 2021 @ 11:09 pm by Dr. Wish
GMI5/6
GMI-27/9
T210846%

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GMI declines to 3 (of 6) but still 17th day of $QQQ short term up-trend; SPY closes below 10 week average and daily RWB gone; $GNRC has GLB, $ASAN had GLB 2 wks ago

Sunday, June 20, 2021 @ 11:17 pm by Dr. Wish
GMI3/6
GMI-27/9
T210837%

QQQ is till in a daily RWB up-trend.

 

But SPY’s daily RWB  is about over.

GNRC had a GLB (green line break-out to ATH) last week on above average volume, see weekly chart. It can move up with hurricane season.

ASAN had a GLB 2 weeks ago.

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Here is the link to my 2.5 hour presentation to Long Island StockTraders Meetup Group: https://drive.google.com/file/d/1M3nT4sAD1eRbVdJ0TBChPq1Y8adcmYKr/view?usp=sharing

Friday, June 18, 2021Friday, June 18, 2021 @ 9:40 am by Dr. Wish
GMI6/6
GMI-27/9
T210847%

https://drive.google.com/file/d/1M3nT4sAD1eRbVdJ0TBChPq1Y8adcmYKr/view?usp=sharing

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Current GMI Signal

GREEN

since close on OCT 6, 2026

Successful GLBTracker

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.

Green Line Breakout stocks
Sym.DateGLB $Now $Chg.
ENLT6/18/25$20.44$65.86222.21%
SFM1/29/24$49.45$65.4032.25%
CRS4/23/24$79.66$391.81391.85%
AGX9/6/24$76.70$400.62422.32%
BTSG9/9/25$25.57$64.41151.90%
APP9/17/24$116.09$277.02138.63%
EAT10/1/24$78.33$189.03141.33%
PLTR11/5/24$44.91$193.52330.91%
INSW3/16/26$65.94$117.6678.43%
BE8/22/25$44.95$289.81544.74%
CLS5/1/25$87.00$372.50328.16%
RGC5/1/25$1.55$7.16361.94%
CCJ6/9/25$62.55$89.6943.39%
RHLD8/12/25$54.05$115.40113.51%
GEV5/20/25$447.50$998.72123.18%
CLS6/25/25$144.27$372.50158.20%
MIRM8/7/2025$54.23$82.5752.26%
CCJ6/9/25$62.55$89.6943.39%
WDC9/4/25$86.66$404.23366.46%
SNDK9/4/25$58.36$1,726.012857.52%
STX6/3/2025$117.67$799.83579.72%
TTMI6/3/25$30.41$128.00320.91%
MU9/29/25$157.54$1,084.32588.28%
INBX7/8/25$18.95$94.85400.53%
SPHR9/11/25$56.08$106.5990.07%
FIX7/24/25$553.09$1,713.01209.72%
MU9/25/25$157.54$1,084.32588.28%
VIK6/30/25$53.14$82.1554.59%

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  • Blog post: David, my co-presenter, brilliant colleague of 20+ years died in a freak accident on 2/18; Day 35 of $QQQ short term down-trend; 15 promising stocks to monitor
  • Day 13 of $QQQ short term up-trend; GMI=Green; More US new yearly highs than lows 91/46. 28 at ATH, most in software (6). DELL had a nice rise on Tuesday after its recent blue dot oversold bounce, see daily chart.
  • Day 12 of $QQQ short term up-trend, GMI=5 and turns GREEN! Many stocks are breaking out and NVDA even had a GLB on Monday! TQQQ up +14% since Day 1 on 9/18. Daily modified Guppy chart shows QQQ closing above all 12 averages.
  • Day 11 of $QQQ short term up-trend, its Weekly 10.4 Stochastic= 86, a sign of a strong up-trend, see GMI table; ARW had a nice high volume GLB to an ATH, see daily chart.
  • Day 10 of $QQQ short term up-trend; My modified daily Guppy chart below warned to abandon or short NKE long before tonight’s post earnings swoon. A chart is worth………. Come to my MoneyShow online appearance on October 20.
  • Day 8 of QQQ short term up-trend but TSLA has entered a Stage 4 down-trend. Only 13 stocks reached ATH Tuesday with 43 new yearly US highs and 149 lows. T2108=18%. Strange market.

Recommended Reading

QQQ and TQQQ ETF Profit Machine Momentum Masters - A Roundtable Interview with Super Traders - Minervini, Ryan, Zanger & Ritchie II Alan Ellman's Selling Cash-Secured Puts: Investing to Generate Monthly Cash Flow Stock Investing For Students - a plan to get rich slowly and retire young Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market Exit Strategies for Covered Call Writing: Making the Most Money When Selling Stock Options Complete Encyclopedia for Covered Call Writing Wall Street The Other Las Vegas How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition Trend Trading: A seven step approach to success How Legendary Traders Made Millions: Profiting From the Investment Strategies of the Gretest Traders of All time The Complete TurtleTrader: The Legend, the Lessons, the Results How to Make Money Selling Stocks Short Reminiscences of a Stock Operator Stan Weinstein's Secrets For Profiting in Bull and Bear Markets Lessons from the Greatest Stock Traders of All Time How I Made $2,000,000 In The Stock Market

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