Wishing Wealth - Stock Market Technical Indicators & Analysis

$QQQ closes above all 12 averages; GMI rises to 4 and likely to turn Green on Thursday

Wednesday, November 4, 2020 @ 7:51 pm by Dr. Wish

GMI4/6

GMI-27/9

T210848%

4th day of $QQQ short term down-trend; $QQQ needs to close above 279.15 to suggest a new up-trend

Wednesday, November 4, 2020 @ 1:26 am by Dr. Wish

GMI2/6

GMI-23/9

T210849%

QQQ needs to close (dotted line) above all 12 averages to suggest to me the possibility of a tradable new up-trend.

3rd day of $QQQ short term down-trend; But $NIO driving higher

Monday, November 2, 2020 @ 8:56 pm by Dr. Wish

GMI1/6

GMI-21/9

T210838%

Weekly chart, note the higher black volume bars showing institutional buys after GLB. NIO has been riding 4 week average (red dotted line) higher since June.

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.
ENLT	6/18/25	$20.44	$90.75	343.98%
SFM	1/29/24	$49.45	$71.64	44.87%
CRS	4/23/24	$79.66	$599.39	652.44%
AGX	9/6/24	$76.70	$610.65	696.15%
SATS	8/26/25	$50.21	$0.20	-99.60%
APP	9/17/24	$116.09	$403.37	247.46%
EAT	10/1/24	$78.33	$185.43	136.73%
PLTR	11/5/24	$44.91	$123.31	174.57%
ALMS	1/6/26	$13.53	$27.99	106.87%
BE	8/22/25	$44.95	$227.17	405.38%
CLS	5/1/25	$87.00	$348.50	300.57%
RGC	5/1/25	$1.55	$5.82	275.48%
CCJ	6/9/25	$62.55	$89.51	43.10%
RHLD	8/12/25	$54.05	$130.14	140.78%
GEV	5/20/25	$447.50	$1,018.12	127.51%
CLS	6/25/25	$144.27	$348.50	141.56%
MIRM	8/7/2025	$54.23	$111.24	105.13%
CCJ	6/9/25	$62.55	$89.51	43.10%
WDC	9/4/25	$86.66	$557.85	543.72%
SNDK	9/4/25	$58.36	$1,625.64	2685.54%
STX	6/3/2025	$117.67	$928.22	688.83%
TTMI	6/3/25	$30.41	$148.05	386.85%
MU	9/29/25	$157.54	$985.84	525.77%
INBX	7/8/25	$18.95	$85.20	349.60%
SPHR	9/11/25	$56.08	$139.08	148.00%
FIX	7/24/25	$553.09	$1,866.44	237.46%