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$TSLA daily RWB pattern fading–building a base or topping out?

Wednesday, February 17, 2021 @ 11:28 pm by Dr. Wish
GMI6/6
GMI-27/9
T210870%

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$GNRC– GLB in July at 119.87, now at 350.53, Texans must want generators! Watt did he say?

Wednesday, February 17, 2021 @ 8:55 am by Dr. Wish
GMI6/6
GMI-27/9
T210871%

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$CHWY has cup and handle break-out; I wrote about its GLB last April at $41, closed now at $118.98

Monday, February 15, 2021 @ 7:32 pm by Dr. Wish
GMI6/6
GMI-27/9
T210873%

See my post on CHWY here.  The GLB signal works!

 


 

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Current GMI Signal

GREEN

since close on May 5, 2024

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.
FTAI10/26/23$34.79$110.93↑ 218.86%
META1/23/24$384.33$606.51↑ 57.81%
APP9/17/24$116.09$346.94↑ 198.85%
COST12/11/23$615.27$1,007.93↑ 63.82%
GDDY11/22/23$93.75$183.70↑ 95.95%
WING11/15/23$223.77$275.07↑ 22.93%
CAVA4/22/24$58.10$95.91↑ 65.08%
CAH11/3/23$95.45$150.27↑ 57.43%
PGR10/13/23$149.87$285.31↑ 90.37%
NFLX10/18/24$700.99$1,148.27↑ 63.81%
MPTI10/9/23$21.00$55.75↑ 165.48%
AGX9/6/24$76.70$174.05↑ 126.92%
SFM1/29/24$49.45$159.85↑ 223.26%
CBOE8/4/23$138.54$232.72↑ 67.98%
VST8/4/23$27.96$142.18↑ 408.51%
MOD8/3/23$37.62$93.80↑ 149.34%
VRT8/2/23$28.80$96.45↑ 234.90%
PSN8/2/23$50.15$64.50↑ 28.61%
PHM4/25/23$63.90$104.17↑ 63.02%
CRS4/23/24$79.66$215.35↑ 170.34%
IBKR2/9/24$95.59$186.16↑ 94.75%
EAT10/1/24$78.33$137.57↑ 75.63%
DUOL9/18/24$245.87$504.70↑ 105.27%
HWM11/14/23$51.34$157.55↑ 206.88%
LRN10/23/24$69.70$157.91↑ 126.56%
SPOT11/6/24$387.44$654.41↑ 68.91%
CRS4/23/24$79.66$215.35↑ 170.34%

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  • 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 8 of $QQQ short term up-trend; $BJ had another successful Blue Dot set-up, as did $GLD, see daily charts.
  • Blog Post: Day 7 of $QQQ short term up-trend and GMI flashes Green! 17 US stocks at ATHs and up at least 50% the past 12 months worthy of monitoring.
  • Blog Post: Day 6 of $QQQ short term up-trend; $QQQ. $DIA, $SPY, $IWM retake their 10 week averages! Keeping an eye on $UBER, see daily and monthly charts
  • Blog Post: Day 5 of $QQQ short term up-trend; $DRS had a GLB on way above average trading volume, see daily chart.
  • Blog Post: Day 4 of $QQQ short term up-trend; Slowly adding $TQQQ and some individual stocks near their ATHs; $BJ has another blue dot set-up, see daily chart.

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Recommended Reading

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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