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Blog Post: Day 28 of $QQQ short term up-trend; $NVDA has below average volume GLB, be careful, see daily chart

Monday, October 21, 2024 @ 10:56 pm by Dr. Wish
GMI6/6
GMI-26/9
T210853%
Screenshot
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Blog Post: Day 26 of $QQQ short term up-trend; This list shows 16 growth stocks that reached an ATH on Thursday and met my weekly green bar scan, described on blog

Thursday, October 17, 2024 @ 8:57 pm by Dr. Wish
GMI6/6
GMI-27/9
T210862%

All bounced up off of their rising 4 wk averages and had a RS (SPY) at a 2o week high. If I bought any of these I would place my stop loss just below this week’s low.

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Blog Post: Day 23 of $QQQ short term up-trend; $NVDA is just below its last green line top; I will wait to see if it has a GLB to an ATH, see daily and monthly charts; see how prior GLBs have worked

Monday, October 14, 2024 @ 7:59 pm by Dr. Wish
GMI6/6
GMI-27/9
T210859%
Monthly chart. See how prior GLBs have worked. Once a higher green line is formed, I change prior green lines to orange.

 

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Current GMI Signal

GREEN

since close on APR 10, 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$90.15341.05%
SFM1/29/24$49.45$82.7167.26%
CRS4/23/24$79.66$422.67430.59%
AGX9/6/24$76.70$656.89756.44%
SATS8/26/25$50.21$123.23145.43%
APP9/17/24$116.09$438.21277.47%
EAT10/1/24$78.33$151.3493.21%
PLTR11/5/24$44.91$138.03207.35%
ALMS1/6/26$13.53$23.5574.06%
BE8/22/25$44.95$276.40514.91%
CLS5/1/25$87.00$392.43351.07%
RGC5/1/25$1.55$29.361794.19%
CCJ6/9/25$62.55$120.7393.01%
RHLD8/12/25$54.05$134.02147.96%
GEV5/20/25$447.50$1,086.83142.87%
CLS6/25/25$144.27$392.43172.01%
MIRM8/7/2025$54.23$96.7078.31%
CCJ6/9/25$62.55$120.7393.01%
WDC9/4/25$86.66$433.72400.48%
SNDK9/4/25$58.36$1,091.101769.60%
STX6/3/2025$117.67$643.76447.09%
TTMI6/3/25$30.41$152.01399.87%
MU9/29/25$157.54$509.30223.28%
INBX7/8/25$18.95$128.67579.00%
SPHR9/11/25$56.08$141.35152.05%
FIX7/24/25$553.09$1,841.07232.87%

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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
  • The new 3x ETF’s–triple your pleasure — or pain
  • 6th day of $QQQ short term down-trend; GMI could signal a Buy
  • In the hospital. Will resume posting next week. Thank you for your patience.
  • How I use put options as investment insurance
  • 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 Post: Day 15 of $QQQ short term up-trend; INTC has massive post-earnings gap up and GLB; it broke its ATH set in 2000, see daily and yearly charts.
  • Blog Post: Day 13 of $QQQ short term up-trend; NVDA has GLB, see modified daily Guppy chart and RWB up-trend. Learn about RWB in last week’s MoneyShow speech on this blog’s Webinars tab.
  • Blog Post: Day 12 of $QQQ short term up-trend; AMZN had a GLB on Friday, see charts; The link to last week’s MoneyShow presentation is on this blog’s webinar tab. Sign up there for my TraderLion MasterClass.
  • Blog Post: Day 11 of $QQQ short term up-trend; 19 of 109 stocks reaching an ATH on Thursday were in the semiconductor business. Perhaps that is why SOXL is up 135% since 3/31. It also had a GLB.
  • Blog Post: Day 10 of $QQQ short term up-trend; MoneyShow went great! Link to come. Semiconductors are red hot. See POET with high volume GLB today, daily, weekly and monthly charts below. Sign up to receive this blog automatically.

Blogroll

  • Barchart All-Time Highs
  • Blue Collar Investor
  • CNNMoney: Pre-market Futures
  • Dark Liquidity
  • Seeking Alpha
  • Stock Chartist

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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