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Daily RWB strategy also applies to mutual funds–Fidelity Contrafund

Thursday, July 11, 2019 @ 8:03 am by Dr. Wish
GMI6/6
GMI-27/9
T210866%

The daily RWB pattern could also be used to time entry and exit from mutual funds. Below is an example.

 

2 Comments

$QQQ still in daily RWB up-trend

Tuesday, July 9, 2019 @ 9:06 pm by Dr. Wish
GMI6/6
GMI-27/9
T210865%

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19th day of $QQQ short term up-trend

Tuesday, July 9, 2019 @ 8:55 am by Dr. Wish
GMI6/6
GMI-27/9
T210865%
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Current GMI Signal

GREEN

since close on May 5, 2024

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$184.64259.64%
SFM1/29/24$49.45$164.88233.43%
CRS4/23/24$79.66$279.05250.30%
AGX9/6/24$76.70$221.86189.26%
BKNG9/16/24$3,918.00$5,697.0045.41%
APP9/17/24$116.09$353.23204.27%
DUOL9/18/24$245.87$378.1353.79%
EAT10/1/24$78.33$164.69110.25%
NFLX10/18/24$700.99$1,262.5080.10%
LRN10/23/24$69.70$134.4092.83%
PLTR11/5/24$44.91$148.74231.20%
SPOT11/6/24$387.44$709.2983.07%
CRWD4/24/25$398.33$474.0419.01%
CLS5/1/25$87.00$160.7384.75%
RGC5/1/25$1.55$13.67781.94%
LMB5/6/25$107.00$143.9434.52%
SEZL5/9/25$79.59$133.7067.99%
CRWV5/14/25$64.62$140.26117.05%
GEV5/20/25$447.50$557.7124.63%
NVDA6/3/25$140.76$170.5521.16%
TSSI6/6/2025$18.26$20.7113.42%
CCJ6/9/25$62.55$75.8521.26%
ORCL6/12/25$198.31$235.2418.62%

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  • Blog Post: Day 52 of $QQQ short term up-trend; $IBIT retakes green line and closes at an ATH, has had three GLBs, see weekly and monthly charts
  • Blog Post: Day 51 of $QQQ short term up-trend; Recent GLB, $SHAK has retaken green line after a recent Blue Dot OSB, see daily and weekly charts.
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Recommended Reading

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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