- GMI: 2/6
- GMI-2: 6/8
- T2108: 76%
Three growth stocks have broken through their green line bases to an all time high (GLB) last week. CRON may do so Monday. Here is one example (weekly charts). I always sell any GLB stock that closes back below the green line.
CRON (a marijuana related company) is close to a new all-time high :-).
While some stocks are breaking out, the GMI remains Red. If I buy anything in this situation I put in close sell stops. The GMI signal turns Green only after a new up-trend is established.
SOURCE: Wishing Wealth Blog – Read entire story here.