Wishing Wealth - Stock Market Technical Indicators & Analysis

2nd day of $QQQ short term up-trend; All that Jazz!

Wednesday, March 18, 2015 @ 7:46 pm by Dr. Wish

GMI6/6

GMI-28/9

T210854%

Jazz takes off, with an RWB pattern and a close above its green line top.

1st day of $QQQ short term up-trend

Tuesday, March 17, 2015Wednesday, March 18, 2015 @ 10:37 pm by Dr. Wish

GMI5/6

GMI-27/9

T210845%

The new up-trend will have to last 5 days for me to have confidence in it. It is very strange and noteworthy that only a minority of the Nasdaq 100 stocks rose as that index advanced. IBD still sees the market uptrend under pressure.

4th day of $QQQ short term down-trend

Monday, March 16, 2015 @ 10:04 pm by Dr. Wish

GMI4/6

GMI-25/9

T210846%

Another up day on Tuesday will start a new QQQ short term up-trend.

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	$129.31	271.69%
META	1/23/24	$384.33	$683.55	77.85%
APP	9/17/24	$116.09	$415.31	257.75%
COST	12/11/23	$615.27	$1,035.03	68.22%
GDDY	11/22/23	$93.75	$173.77	85.35%
WING	11/15/23	$223.77	$234.02	4.58%
CAVA	4/22/24	$58.10	$107.93	85.77%
CAH	11/3/23	$95.45	$127.06	33.12%
PGR	10/13/23	$149.87	$266.19	77.61%
ANF	12/18/23	$85.77	$100.11	16.72%
MPTI	10/9/23	$21.00	$37.81	80.05%
AGX	9/6/24	$76.70	$133.63	74.22%
SFM	1/29/24	$49.45	$143.32	189.83%
CBOE	8/4/23	$138.54	$210.93	52.25%
VST	8/4/23	$27.96	$150.44	438.05%
MOD	8/3/23	$37.62	$86.20	129.13%
VRT	8/2/23	$28.80	$95.99	233.30%
PSN	8/2/23	$50.15	$59.49	18.62%
PHM	4/25/23	$63.90	$103.11	61.36%
CRS	4/23/24	$79.66	$195.19	145.03%
IBKR	2/9/24	$95.59	$218.73	128.82%
EAT	10/1/24	$78.33	$144.87	84.95%