Wishing Wealth - Stock Market Technical Indicators & Analysis

Blog post: 18th day of $QQQ short term up-trend; $AOUT surging after re-test of GLB, and green and black dots

Monday, June 21, 2021 @ 11:09 pm by Dr. Wish

GMI5/6

GMI-27/9

T210846%

GMI declines to 3 (of 6) but still 17th day of $QQQ short term up-trend; SPY closes below 10 week average and daily RWB gone; $GNRC has GLB, $ASAN had GLB 2 wks ago

Sunday, June 20, 2021 @ 11:17 pm by Dr. Wish

GMI3/6

GMI-27/9

T210837%

QQQ is till in a daily RWB up-trend.

But SPY’s daily RWB is about over.

GNRC had a GLB (green line break-out to ATH) last week on above average volume, see weekly chart. It can move up with hurricane season.

ASAN had a GLB 2 weeks ago.

Here is the link to my 2.5 hour presentation to Long Island StockTraders Meetup Group: https://drive.google.com/file/d/1M3nT4sAD1eRbVdJ0TBChPq1Y8adcmYKr/view?usp=sharing

Friday, June 18, 2021Friday, June 18, 2021 @ 9:40 am by Dr. Wish

GMI6/6

GMI-27/9

T210847%

https://drive.google.com/file/d/1M3nT4sAD1eRbVdJ0TBChPq1Y8adcmYKr/view?usp=sharing

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	$168.82	385.25%
META	1/23/24	$384.33	$574.32	49.43%
APP	9/17/24	$116.09	$336.75	190.08%
COST	12/11/23	$615.27	$971.88	57.96%
GDDY	11/22/23	$93.75	$197.57	110.74%
WING	11/15/23	$223.77	$328.77	46.92%
CAVA	4/22/24	$58.10	$140.90	142.51%
CAH	11/3/23	$95.45	$122.24	28.07%
PGR	10/13/23	$149.87	$268.88	79.41%
ANF	12/18/23	$85.77	$149.69	74.52%
MPTI	10/9/23	$21.00	$65.56	212.19%
PANW	8/21/23	$213.61	$387.82	81.56%
NVO	8/8/23	$86.49	$106.80	23.48%
CBOE	8/4/23	$138.54	$215.85	55.80%
VST	8/4/23	$27.96	$159.84	471.67%
MOD	8/3/23	$37.62	$135.79	260.95%
VRT	8/2/23	$28.80	$127.60	343.06%
PSN	8/2/23	$50.15	$95.91	91.25%
PHM	4/25/23	$63.90	$135.27	111.69%
CRS	4/23/24	$79.66	$194.04	143.59%
IBKR	2/9/24	$95.59	$191.09	99.91%
BX	10/11/24	$149.78	$191.09	27.58%