Blog Post: Day 23 of $QQQ short term up-trend; $NXPI retakes green line; $GBTC has blue/green/black dots signaling bitcoin rise, see charts
NXPI had a failed GLB but closed back above the green line on Friday. Note all of the black dots and the recent green dot. To remain a successful GLB it must not close below the green line, @228.72.
Note the 3 dots on January 26 for GBTC. To understand the dots you must go to my recent IBD Meetup lecture recording.
The GMI remains Green and registers 6 (of 6). Don’t forget to check out the GLB Tracker table and subscribe to receive my blog posts in your inbox.
Blog Post: Day 22 of $QQQ short term up-trend; See list of 14 stocks that at least doubled this year that reached an ATH on Thursday
Last column shows current price divided by price 250 days ago. SMCI leads the pack, at 8x its price a year ago. Study their charts to help you identify wining patterns. Stoc1.1 shows where the stock closed in Thursday’s price bar. For example, BLDR ,with a Stoc1.1= 97, closed near the top of its price bar today (97% of the day’s range). UBER closed near the day’s low.
