Stocks reaching ATHs at the beginning of a market up-trend may turn out to be new market leaders. After a GLB in early February, CRUS consolidated around its green line for 7 weeks and broke out to an ATH on Wednesday. See daily, weekly and monthly charts.
2 thoughts on “Blog Post: Day 9 of $QQQ short term up-trend; GMI=4 and could turn Green Thursday; Ignore news and look ahead, not back–new up-trend has begun! $CRUS hits ATH, see chart”
Is there a reference guide to the acronyms used here (GMI, GMI2 etc)? Im new to this blog and curious to find out what they stand for. Thanks.
Dr. Wish. Do you ever get tired of being right? 🙂