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22nd day of $QQQ short term up-trend; $GB holding geen line

Wednesday, March 12, 2014 @ 8:31 pm by Dr. Wish
GMI6/6
GMI-26/9
T210869%

This daily chart of GB shows it to be holding its recent green line break-out. GB has an IBD composite rating of 90.

GBdaily30122014

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21st day of $QQQ short term up-trend; 3D stocks, $SSYS and $DDD, look toppy

Tuesday, March 11, 2014 @ 9:58 pm by Dr. Wish
GMI6/6
GMI-25/9
T210870%

I think the 3D stocks are finally topping.Look at these weekly charts of SSYS and DDD. Note the huge red spikes showing increasing volume on down weeks.   Beware the possible head and shoulders tops….

SSYS03112014DDDwkly03112014

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20th day of $QQQ short term up-trend; $HIMX breaks out

Tuesday, March 11, 2014Monday, March 10, 2014 @ 6:34 am by Dr. Wish
GMI6/6
GMI-27/9
T210873%

HIMX had a nice break-out of a consolidation above the green line on Monday.   Look at the volume spike on this daily chart. HIMX makes parts for Google glasses. It has an IBD comp rating of 89.

HIMXgreenline03102014

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Current GMI Signal

GREEN

since close on APR 10, 2026

Successful GLBTracker

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.DateGLB $Now $Chg.
ENLT6/18/25$20.44$95.02364.87%
SFM1/29/24$49.45$80.1862.14%
CRS4/23/24$79.66$492.62518.40%
AGX9/6/24$76.70$689.43798.87%
SATS8/26/25$50.21$124.64148.24%
APP9/17/24$116.09$558.87381.41%
EAT10/1/24$78.33$136.5074.26%
PLTR11/5/24$44.91$141.70215.52%
ALMS1/6/26$13.53$20.3950.70%
BE8/22/25$44.95$291.37548.21%
CLS5/1/25$87.00$425.36388.92%
RGC5/1/25$1.55$22.161329.68%
CCJ6/9/25$62.55$114.0282.29%
RHLD8/12/25$54.05$116.97116.41%
GEV5/20/25$447.50$963.33115.27%
CLS6/25/25$144.27$425.36194.84%
MIRM8/7/2025$54.23$92.4970.55%
CCJ6/9/25$62.55$114.0282.29%
WDC9/4/25$86.66$575.50564.09%
SNDK9/4/25$58.36$1,759.682915.22%
STX6/3/2025$117.67$925.99686.94%
TTMI6/3/25$30.41$184.84507.83%
MU9/29/25$157.54$996.00532.22%
INBX7/8/25$18.95$91.25381.53%
SPHR9/11/25$56.08$142.18153.53%
FIX7/24/25$553.09$1,914.65246.17%

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  • Blog post: David, my co-presenter, brilliant colleague of 20+ years died in a freak accident on 2/18; Day 35 of $QQQ short term down-trend; 15 promising stocks to monitor
  • The same chart pattern I posted yesterday for the 2000 top also got me out of the market just before the 2008 decline. Market tops take time to develop. I ignore the news and gossip and watch the 30 week average.
  • HOW I IDENTIFIED AND EXITED AT THE MARKET TOP IN 2000–WHEN THE 30 WEEK AVERAGE CURVED DOWN. TO IDENTIFY A LIKELY TOP, I JUST WATCH THE 30 WEEK AVERAGE. Compare the weekly charts of QQQ from 2000 and now.
  • Blog: Day 36 of QQQ short term up-trend; I am amazed how strongly advancing stocks and ETFs may track along their 5 day exponential moving average, see daily charts of QQQ and DELL.
  • Blog Post: Day 32 of QQQ short term up-trend; GMI=5 (of 6) and GREEN. 15 of 62 stocks reaching ATH on Friday were semiconductors. They lead again and 5 had a GLB! See list and note earnings release dates.
  • Blog Post: Day 31 of QQQ short term up-trend; $ALAB holds GLB, see daily chart. Must not close below 262.90. Note high volume on break-out.

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Recommended Reading

QQQ and TQQQ ETF Profit Machine Momentum Masters - A Roundtable Interview with Super Traders - Minervini, Ryan, Zanger & Ritchie II Alan Ellman's Selling Cash-Secured Puts: Investing to Generate Monthly Cash Flow Stock Investing For Students - a plan to get rich slowly and retire young Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market Exit Strategies for Covered Call Writing: Making the Most Money When Selling Stock Options Complete Encyclopedia for Covered Call Writing Wall Street The Other Las Vegas How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition Trend Trading: A seven step approach to success How Legendary Traders Made Millions: Profiting From the Investment Strategies of the Gretest Traders of All time The Complete TurtleTrader: The Legend, the Lessons, the Results How to Make Money Selling Stocks Short Reminiscences of a Stock Operator Stan Weinstein's Secrets For Profiting in Bull and Bear Markets Lessons from the Greatest Stock Traders of All Time How I Made $2,000,000 In The Stock Market

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