All Posts | Wishing Wealth Blog

3rd day of $QQQ short term down-trend; bounce has begun

Monday, December 14, 2015 @ 10:38 pm by Dr. Wish

GMI1/6

GMI-22/9

T210816%

The expected bounce from oversold has begun. There were 657 new lows on Monday and 58% of the Nasdaq 100 stocks hit a very oversold level.

New $QQQ short term down-trend

Thursday, December 10, 2015 @ 9:29 pm by Dr. Wish

GMI1/6

GMI-23/9

T210826%

I am more confident of a change in trend after it has lasted 5 days. The GMI has also flashed a Sell signal but is also subject to whipsaw moves. I am on the sidelines waiting for the trend to define itself more clearly.

$QQQ short term up-trend in jeopardy

Wednesday, December 9, 2015 @ 10:28 pm by Dr. Wish

GMI2/6

GMI-24/9

T210827%

Market looking mighty weak to me. GMI could issue a Sell signal with a weak day on Thursday.

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%