Wishing Wealth - Stock Market Technical Indicators & Analysis

New $QQQ short term up-trend

Thursday, August 14, 2014 @ 9:32 pm by Dr. Wish

GMI4/6

GMI-28/9

T210841%

If the GMI holds 4 or more on Friday, it will flash a Buy signal.

IBD calls new market up-trend;

Wednesday, August 13, 2014Wednesday, August 13, 2014 @ 8:46 pm by Dr. Wish

GMI2/6

GMI-28/9

T210837%

My $QQQ short term down-trend reached its 9th day on Wednesday. A strong day on Thursday will start a new short-term up-trend. I cut back on my shorts and started building a long position in TQQQ. This market could still go in either direction.

8th day of $QQQ short term down-trend

Tuesday, August 12, 2014 @ 9:34 pm by Dr. Wish

GMI1/6

GMI-26/9

T210833%

This market is still struggling to make up its mind. It could break either way.

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	$114.71	229.72%
META	1/23/24	$384.33	$725.38	88.74%
APP	9/17/24	$116.09	$380.32	227.61%
COST	12/11/23	$615.27	$1,065.12	73.11%
GDDY	11/22/23	$93.75	$207.53	121.37%
WING	11/15/23	$223.77	$304.32	36.00%
CAVA	4/22/24	$58.10	$130.30	124.27%
CAH	11/3/23	$95.45	$127.06	33.12%
PGR	10/13/23	$149.87	$256.79	71.34%
ANF	12/18/23	$85.77	$108.91	26.98%
MPTI	10/9/23	$21.00	$52.95	152.14%
AGX	9/6/24	$76.70	$149.32	94.68%
SFM	1/29/24	$49.45	$170.48	244.75%
CBOE	8/4/23	$138.54	$212.04	53.05%
VST	8/4/23	$27.96	$166.61	495.89%
MOD	8/3/23	$37.62	$97.45	159.04%
VRT	8/2/23	$28.80	$111.24	286.25%
PSN	8/2/23	$50.15	$75.95	51.45%
PHM	4/25/23	$63.90	$106.00	65.88%
CRS	4/23/24	$79.66	$186.59	134.23%
IBKR	2/9/24	$95.59	$230.20	140.82%
EAT	10/1/24	$78.33	$163.76	109.06%