Note the weekly green bar signal and recent GLB. Five other strong growth stocks with a weekly green bar are: $PRIM, $TTEK, $SCCO, $VIST, and $JXN.
Dr. Wish
Blog Post: Day 9 0f $QQQ short term up-trend; $HG having interesting IPO break-out, see weekly chart, and weekly adapted GMMA charts of $QQQ and $NVDA
HG is expected to have earnings up+51% in 2024. First quarter earrings were up +194%. MS Comp rating=96. Check it out.
FYI, QQQ has been in a weekly RWB up-trend since May 2023. It did not fail last October. The weekly adapted GMMA chart can show you the true trend of indexes and stocks. In an up-trend you want all of the red lines to be rising above the blue lines with a white space separating them. The dotted line shows the weekly closes. When the white space disappears it is time to exit or trade very defensive.
Here is the monster. Never a reason to exit. Note the many weekly closes above all of the red lines.
Blog Post: I’M back! Day 8 of $QQQ short term up-trend; GMI=Green but I do not know the day it changed; Don’t listen to the pundits who opine the market is going to crash; no expert, only the market’s movement will tell us if a decline is likely and it has helped me to avoid all big sell-offs since 2000; follow stocks trading at all-time highs; here is a list of 9 to research
All are up at least 50% from a year ago and have been launched.