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ONVO still strong

Wednesday, October 30, 2013 @ 8:52 pm by Dr. Wish
GMI6/6
GMI-28/9
T210873%

ONVO has risen 9 of the last 10 days.   ONVO is in the exciting 3D bio-printing business. It broke out on high volume 8 days ago. ONVO is very speculative and I have a small position.

ONVOdaily10302013

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13th day of QQQ short term up-trend; JCI: green line break-out

Tuesday, October 29, 2013 @ 9:16 pm by Dr. Wish
GMI6/6
GMI-28/9
T210877%

All of my GMI and GMI-2 components are positive. JCI reported record earnings and had a large volume green line break-out on Tuesday. Check out its daily chart.

JCIdaily

 

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12rth day of QQQ short term up-trend; TSLA head and shoulders top?

Monday, October 28, 2013Tuesday, October 29, 2013 @ 9:57 pm by Dr. Wish
GMI6/6
GMI-27/9
T210877%

Is TSLA forming a head and shoulders top? Check out this daily chart. TSLA may be on the neckline.   A penetration could lead to a sharp sell-off.

TSLAdaily10282013This daily GMMA chart shows that the RWB pattern is gone, with the shorter averages (red)   about to cross below the longer averages (blue).

TSLAGMMA

 

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Current GMI Signal

RED

since close on Mar 6, 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.
HWM11/14/23$51.34$230.46348.89%
SFM1/29/24$49.45$77.1355.98%
CRS4/23/24$79.66$394.15394.79%
AGX9/6/24$76.70$544.65610.10%
BKNG9/16/24$3,918.00$4,210.327.46%
APP9/17/24$116.09$398.00242.84%
EAT10/1/24$78.33$142.7782.27%
PLTR11/5/24$44.91$146.28225.72%
SPOT11/6/24$387.44$484.9125.16%
CRWD4/24/25$398.33$390.41-1.99%
CLS5/1/25$87.00$281.68223.77%
RGC5/1/25$1.55$25.431540.65%
CCJ6/9/25$62.55$108.6173.64%
CRWV5/14/25$64.62$77.4719.89%
GEV5/20/25$447.50$872.9095.06%
NVDA6/3/25$140.76$174.4523.93%
MIRM8/7/2025$54.23$92.3870.35%
CCJ6/9/25$62.55$108.6173.64%
QBTS5/20/25$13.23$14.439.07%
SNDK9/4/25$58.36$635.34988.66%
IREN9/9/2025$28.25$34.2821.35%

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  • About the General Market Index (GMI)
  • Welcome to the new *and improved* Wishing Wealth
  • How to use IBD 100 and New America stocks and TC2007 to find potential rocket stocks; Market rally begins
  • The new 3x ETF’s–triple your pleasure — or pain
  • 6th day of $QQQ short term down-trend; GMI could signal a Buy
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  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
  • So, Wishing Wealth Reader, Tell Us About Yourself…
  • 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
  • Blog Post: Day 37 of $QQQ short term down-trend; GMI=1 and 10 week average closes week below 30 week average, see weekly chart. Stage 4 down-trend likely.
  • Blog Post: Day 36 of $QQQ short term down-trend; Indexes are very oversold; QQQ topped out in October, 2025, long before the current war, see weekly chart. End of the war may not change the longer term trend. Modified daily Guppy chart would have had you exit META long before Thursday’s debacle, see chart.
  • Blg Post: Day 33 of $QQQ short term down-trend; $QQQ’s 10 week average has crossed below its 30 week average, see weekly chart. Beware this likely ominous change in the longer term trend.
  • Blog Post: Day 32 of $QQQ short term down-trend; $QQQ 10 week average about to cross below 30 week average. It has been a long time since I have seen such market weakness.
  • Blog Post: Day 31 of $QQQ short term down-trend and GMI=GMI2=0; I have been warning you since February 4 that cash was king; And this may still be just the beginning of a major decline. See modified daily Guppy charts of QQQ, SPY, DIA, IWM.

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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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