For the first time since last September, AAPL has now closed below all 12 of its daily RWB moving averages.
GLB: $SHOP breaks out to close at all-time high after 5 month base
SHOP finally broke through its September all-time high (ATH) last week. This green line break-out (GLB) could be the beginning of a new advance, as long as it remains above the green line.
SHOP is in a new daily RWB up-trend.
The GMI remains at 6 (of 6).
GLB: $SHOP; 33rd day of $QQQ short term up-trend
This weekly chart shows that SHOP has had a GLB (green line break-out to an all-time high).
It has a beautiful daily RWB up-trend. Note Thursday’s above average volume rise through the green line.
