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Bounce coming?

Monday, September 26, 2016 @ 8:28 pm by Dr. Wish

GMI2/6

GMI-27/9

T210842%

With the put/call ratio at 1.08, we may be near a bounce up in the indexes. However, note the GMI has fallen to 2.

GMI signals Buy; 5th day of $QQQ short term up-trend

Thursday, September 22, 2016 @ 10:47 pm by Dr. Wish

GMI5/6

GMI-28/9

T210856%

It looks like the market stalemate is over.

4th day of $QQQ short term up-trend; GLB: $SHOP

Wednesday, September 21, 2016 @ 10:43 pm by Dr. Wish

GMI4/6

GMI-28/9

T210846%

IBD says up-trend has resumed and the GMI could issue a Buy signal on Thursday. SHOP had a recent GLB and is showing strength. Check out its weekly chart.

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.	Date	GLB $	Now $	Chg.
HWM	11/14/23	$51.34	$204.59	298.50%
SFM	1/29/24	$49.45	$83.81	69.48%
CRS	4/23/24	$79.66	$318.54	299.87%
AGX	9/6/24	$76.70	$395.20	415.25%
BKNG	9/16/24	$3,918.00	$4,914.69	25.44%
APP	9/17/24	$116.09	$599.48	416.39%
EAT	10/1/24	$78.33	$153.79	96.34%
PLTR	11/5/24	$44.91	$168.45	275.08%
SPOT	11/6/24	$387.44	$598.87	54.57%
CRWD	4/24/25	$398.33	$509.16	27.82%
CLS	5/1/25	$87.00	$344.41	295.87%
RGC	5/1/25	$1.55	$11.53	643.87%
CCJ	6/9/25	$62.55	$88.51	41.50%
CRWV	5/14/25	$64.62	$73.12	13.15%
GEV	5/20/25	$447.50	$599.77	34.03%
NVDA	6/3/25	$140.76	$176.98	25.73%
MIRM	8/7/2025	$54.23	$73.05	34.70%
CCJ	6/9/25	$62.55	$88.51	41.50%
QBTS	5/20/25	$13.23	$22.67	71.35%
HOOD	6/30/25	$85.60	$128.49	50.11%
IREN	9/9/2025	$28.25	$47.81	69.24%