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IPO $ROKU closes at green line

Wednesday, August 22, 2018 @ 3:36 am by Dr. Wish
GMI6/6
GMI-23/9
T210862%

This weekly chart shows that ROKU has approached its green line. If it closes back above the line on above average volume it would merit my consideration.

 

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$FNKO-IPO and GLB Doubler; 31st day of $QQQ short term up-trend

Monday, August 20, 2018 @ 9:40 pm by Dr. Wish
GMI6/6
GMI-23/9
T210858%

FNKO is riding its 4 week average (red dotted line) up. It is a 2017 IPO and has already doubled since its green line break-out. Nice weekly chart pattern 4>10>30wk avg.

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$SPY-weekly RWB up-trend; 29th day of $QQQ short term up-trend

Thursday, August 16, 2018 @ 9:35 pm by Dr. Wish
GMI6/6
GMI-24/9
T210852%

SPY remains in weekly RWB up-trend, approaching green line ATH…

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Current GMI Signal

GREEN

since close on AUG 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.

Sym.DateGLB $Now $Chg.
ENLT6/18/25$20.44$86.05320.99%
SFM1/29/24$49.45$83.3868.61%
CRS4/23/24$79.66$535.07571.69%
AGX9/6/24$76.70$567.86640.37%
BTSG9/9/25$25.57$60.66137.23%
APP9/17/24$116.09$310.15167.16%
EAT10/1/24$78.33$239.80206.14%
PLTR11/5/24$44.91$175.31290.36%
ALMS1/6/26$13.53$25.3487.29%
BE8/22/25$44.95$240.00433.93%
CLS5/1/25$87.00$362.00316.09%
RGC5/1/25$1.55$5.07227.10%
CCJ6/9/25$62.55$97.8656.45%
RHLD8/12/25$54.05$132.06144.33%
GEV5/20/25$447.50$1,034.74131.23%
CLS6/25/25$144.27$362.00150.92%
MIRM8/7/2025$54.23$99.4183.31%
CCJ6/9/25$62.55$97.8656.45%
WDC9/4/25$86.66$491.44467.09%
SNDK9/4/25$58.36$1,545.132547.58%
STX6/3/2025$117.67$914.27676.98%
TTMI6/3/25$30.41$141.54365.44%
MU9/29/25$157.54$966.09513.23%
INBX7/8/25$18.95$99.83426.81%
SPHR9/11/25$56.08$173.81209.93%
FIX7/24/25$553.09$1,734.39213.58%
MU9/25/25$157.54$966.09513.23%
VIK6/30/25$53.14$104.8497.29%

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  • About the General Market Index (GMI)
  • Welcome to the new *and improved* Wishing Wealth
  • How to use IBD 100 and New America stocks and TC2007 to find potential rocket stocks; Market rally begins
  • 6th day of $QQQ short term down-trend; GMI could signal a Buy
  • The new 3x ETF’s–triple your pleasure — or pain
  • In the hospital. Will resume posting next week. Thank you for your patience.
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  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
  • So, Wishing Wealth Reader, Tell Us About Yourself…
  • 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
  • Blog: Day 5 of $QQQ short term up-trend; 52 US stocks out of 6,536 (<1%) reached an ATH on Tuesday; The most were biotechs (8), followed by Regional banks (4) and Oil & Gas Equipment and Service (4). See list of biotechs below.
  • Blog: Day 3 of $QQQ short term up-trend and GMI=6 and Green. This weekly chart of QQQ shows its current strength as it continues in a Stage 2 up-trend.
  • Blog: Day 2 of $QQQ short term up-trend; GMI turns Green! Slowly adding TQQQ, but will be more confident and invested if/when we reach Day 5 of the new up-trend. QQQ also remains in a Weinstein Stage 2 up-trend.
  • Day 1 of $QQQ short term up-trend; Modified daily Guppy chart of QQQ no longer shows BWR down-trend. Is an RWB up-trend on deck? Stay tuned.
  • Blog: Day 20 of $QQQ short term down-trend; GMI=2, see table; QQQ is below its 4wk and 10wk average but is holding its critical 30 wk average, see weekly chart.

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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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