Wishing Wealth - Stock Market Technical Indicators & Analysis

37th day of $QQQ short term up-trend; $INGN flying high

Wednesday, April 13, 2016 @ 10:09 pm by Dr. Wish

GMI5/6

GMI-25/9

T210885%

INGN is showing signs of accumulation. Note the repeated big black volume spikes.

36th day of $QQQ short term up-trend; GLB:$JNJ

Tuesday, April 12, 2016 @ 10:25 pm by Dr. Wish

GMI4/6

GMI-25/9

T210879%

QQQ regained its upward sloping channel.

JNJ had a green line break-out to an all-time high (GLB) on Tuesday. Here is its weekly chart.

35th day of $QQQ short term up-trend

Tuesday, April 12, 2016Tuesday, April 12, 2016 @ 5:56 am by Dr. Wish

GMI5/6

GMI-23/9

T210874%

But GMI-2 is at 3 (of 8) showing short term weakness. The QQQ has closed below its channel. (see yesterday’s post)

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	$90.14	341.00%
SFM	1/29/24	$49.45	$89.31	80.61%
CRS	4/23/24	$79.66	$418.49	425.35%
AGX	9/6/24	$76.70	$635.00	727.90%
SATS	8/26/25	$50.21	$141.76	182.33%
APP	9/17/24	$116.09	$482.25	315.41%
EAT	10/1/24	$78.33	$132.00	68.52%
PLTR	11/5/24	$44.91	$136.72	204.43%
ALMS	1/6/26	$13.53	$21.91	61.94%
BE	8/22/25	$44.95	$284.19	532.24%
CLS	5/1/25	$87.00	$346.88	298.71%
RGC	5/1/25	$1.55	$27.75	1690.32%
CCJ	6/9/25	$62.55	$104.06	66.36%
RHLD	8/12/25	$54.05	$110.65	104.72%
GEV	5/20/25	$447.50	$1,029.84	130.13%
CLS	6/25/25	$144.27	$346.88	140.44%
MIRM	8/7/2025	$54.23	$96.20	77.39%
CCJ	6/9/25	$62.55	$104.06	66.36%
WDC	9/4/25	$86.66	$458.06	428.57%
SNDK	9/4/25	$58.36	$1,396.44	2292.80%
STX	6/3/2025	$117.67	$752.00	539.08%
TTMI	6/3/25	$30.41	$169.77	458.27%
MU	9/29/25	$157.54	$728.90	362.68%
INBX	7/8/25	$18.95	$109.53	477.99%
SPHR	9/11/25	$56.08	$135.17	141.03%
FIX	7/24/25	$553.09	$1,844.27	233.45%