Wishing Wealth - Stock Market Technical Indicators & Analysis

Blog Post: Day 4 of $QQQ short term down-trend; $ALB retakes green line on above average volume, see chart

Tuesday, November 8, 2022Tuesday, November 8, 2022 @ 9:56 pm by Dr. Wish

GMI3/6

GMI-22/9

T210863%

Blog Post: 146 US new highs and 258 lows; Day 3 of $QQQ short term down-trend; $AMGN has GLB, see chart

Monday, November 7, 2022 @ 8:39 pm by Dr. Wish

GMI3/6

GMI-21/9

T210862%

Blog Post: Day 2 of $QQQ short term down-trend; GMI=3, remains Green; 143 new US highs and 386 lows; $QQQ remains in Stage 4 decline, see weekly chart

Sunday, November 6, 2022 @ 9:35 pm by Dr. Wish

GMI3/6

GMI-21/9

T210859%

This weekly chart shows QQQ remains in a Stage 4 down-trend. Beware!

The GMI=3 and remains Green.

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.
FTAI	10/26/23	$34.79	$174.02	400.20%
META	1/23/24	$384.33	$615.86	60.24%
APP	9/17/24	$116.09	$318.48	174.34%
COST	12/11/23	$615.27	$936.94	52.28%
GDDY	11/22/23	$93.75	$192.86	105.72%
WING	11/15/23	$223.77	$274.69	22.76%
CAVA	4/22/24	$58.10	$115.12	98.14%
CAH	11/3/23	$95.45	$121.57	27.37%
PGR	10/13/23	$149.87	$235.61	57.21%
ANF	12/18/23	$85.77	$160.92	87.62%
MPTI	10/9/23	$21.00	$51.17	143.67%
PANW	8/21/23	$213.61	$173.42	-18.81%
NVO	8/8/23	$86.49	$86.26	-0.27%
CBOE	8/4/23	$138.54	$190.94	37.82%
VST	8/4/23	$27.96	$166.73	496.32%
MOD	8/3/23	$37.62	$118.83	215.87%
VRT	8/2/23	$28.80	$128.93	347.67%
PSN	8/2/23	$50.15	$92.54	84.53%
PHM	4/25/23	$63.90	$107.61	68.40%
CRS	4/23/24	$79.66	$185.96	133.44%
IBKR	2/9/24	$95.59	$185.21	93.75%
BX	10/11/24	$149.78	$164.85	10.06%