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GMI turns Green, first day of new $QQQ short term up-trend; many GLBs: $IIPR $PDD $CGNX $LI $FTCH

Thursday, November 5, 2020 @ 8:40 pm by Dr. Wish
GMI6/6
GMI-27/9
T210858%

Some weekly charts of stocks having a GLB to an ATH this week. Volume total for the week is based on first 4 days and will be much higher by close on Friday. Many of these came up intraday on alerts I had set on TC2000.

 

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$QQQ closes above all 12 averages; GMI rises to 4 and likely to turn Green on Thursday

Wednesday, November 4, 2020 @ 7:51 pm by Dr. Wish
GMI4/6
GMI-27/9
T210848%

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4th day of $QQQ short term down-trend; $QQQ needs to close above 279.15 to suggest a new up-trend

Wednesday, November 4, 2020 @ 1:26 am by Dr. Wish
GMI2/6
GMI-23/9
T210849%

QQQ needs to close (dotted line) above all 12 averages to suggest to me the possibility of a tradable new up-trend.

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Current GMI Signal

GREEN

since close on Dec 1, 2025

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.

Sym.DateGLB $Now $Chg.
HWM11/14/23$51.34$208.29305.71%
SFM1/29/24$49.45$80.7063.20%
CRS4/23/24$79.66$334.53319.95%
AGX9/6/24$76.70$324.83323.51%
BKNG9/16/24$3,918.00$5,306.3635.44%
APP9/17/24$116.09$621.40435.27%
EAT10/1/24$78.33$150.7692.47%
PLTR11/5/24$44.91$168.28274.70%
SPOT11/6/24$387.44$578.9149.42%
CRWD4/24/25$398.33$452.1513.51%
CLS5/1/25$87.00$299.57244.33%
RGC5/1/25$1.55$21.301274.19%
CCJ6/9/25$62.55$98.2957.14%
CRWV5/14/25$64.62$80.3324.31%
GEV5/20/25$447.50$674.7150.77%
NVDA6/3/25$140.76$189.2334.43%
MIRM8/7/2025$54.23$77.4542.82%
CCJ6/9/25$62.55$98.2957.14%
QBTS5/20/25$13.23$27.81110.20%
HOOD6/30/25$85.60$115.3134.71%
IREN9/9/2025$28.25$42.3749.98%

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  • Blog Post: Day 4 of $QQQ short term up-trend; But GMI= only 3. Silver and Gold are going vertical! Be careful.
  • Blog Post: Day 1 of new $QQQ short term up-trend; see daily chart
  • Blog Post: Day 5 of $QQQ short term down-trend, it could end Monday; 13 doublers that had a Blue Dot of Happiness setup on Friday; GMI=4
  • Blog Post: Day 4 of $QQQ short term down-trend; $QQQ flat, see modified daily Guppy chart. Will people take their capital gains in January? GMI-2=2.

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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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