Blog Post: Day 16 of $QQQ short term up-trend; 54 new US highs and 46 lows; $COCO reaches another ATH, see accumulation in daily chart and IPO break-out, COCO is riding its 4 wk avg, see 3 charts

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GMI-27/9
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COCO had a GLB on 3/24 and the volume shows spikes of buying since February. MarketSmith says COCO has a Comp Rating=94 and AccDis Rating =A+.  RS=99.  I like the fact that COCO is  now 3x its lowest price the past year. And 2023 earnings are projected to rise +371%.  Here are the daily, monthly and weekly charts. I have a small position in COCO. COCO is right up against its 15.2 upper Bollinger band and may be extended now. It finds support at its 8 EMA, the upper dotted line.

The monthly chart shows COCO to have an IPO break-out pattern.

This weekly chart shows COCO riding its 4 wk avg, the red dotted line.

Blog Post: Day 15 of $QQQ short term up-trend; $LLY rocketing towards GLB as obesity drug is up for approval, see daily, weekly and monthly charts

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$LLY may soon receive approval for their obesity drug, which may prove to be a blockbuster drug. It appears that the stock is rising in anticipation of results from a second Phase 3 trial, expected this month. This could be big if LLY can break above its green line ATH peak at $375.25. I have a very small position and will add to it if we get a GLB (green line break-out). Thanks to my stock buddy, Judy, for telling me about LLY many months ago.