Wishing Wealth - Stock Market Technical Indicators & Analysis

IBD says market back in confirmed up-trend; GMI could turn Green at Monday’s close

Sunday, June 9, 2019 @ 9:21 pm by Dr. Wish

GMI5/6

GMI-25/9

T210839%

Still in QQQ short term down-trend-21st day. SPY now above its 10 wk average.

20th day of $QQQ short term down-trend

Thursday, June 6, 2019 @ 8:47 pm by Dr. Wish

GMI3/6

GMI-23/9

T210836%

QQQ has rallied back to its 4 week moving average (pink dotted line)

19th day of $QQQ short term down-trend

Thursday, June 6, 2019 @ 8:31 am by Dr. Wish

GMI3/6

GMI-23/9

T210835%

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	$113.13	225.18%
META	1/23/24	$384.33	$656.47	70.81%
APP	9/17/24	$116.09	$318.00	173.93%
COST	12/11/23	$615.27	$1,047.75	70.29%
GDDY	11/22/23	$93.75	$176.30	88.05%
WING	11/15/23	$223.77	$230.60	3.05%
CAVA	4/22/24	$58.10	$86.76	49.33%
CAH	11/3/23	$95.45	$127.42	33.49%
PGR	10/13/23	$149.87	$281.86	88.07%
ANF	12/18/23	$85.77	$87.23	1.70%
MPTI	10/9/23	$21.00	$43.27	106.05%
AGX	9/6/24	$76.70	$125.56	63.70%
SFM	1/29/24	$49.45	$144.71	192.64%
CBOE	8/4/23	$138.54	$212.37	53.29%
VST	8/4/23	$27.96	$126.87	353.76%
MOD	8/3/23	$37.62	$79.37	110.98%
VRT	8/2/23	$28.80	$87.89	205.17%
PSN	8/2/23	$50.15	$58.38	16.41%
PHM	4/25/23	$63.90	$105.97	65.84%
CRS	4/23/24	$79.66	$203.50	155.46%
IBKR	2/9/24	$95.59	$196.69	105.76%
EAT	10/1/24	$78.33	$150.17	91.71%