GMI and GMI-R each lost one. There just aren’t enough new highs to compute the 10 day successful new high indicator. There were only 12 new highs and 8 new lows in my universe of 4,000 stocks on Monday. Seven of the 12 are on my IBD100 lists: SNDA, ALGT, NFLX, NTES, LFT, GMCR and CPSI. These stocks, some of which I own, are leading the market up.
ERIC, wher eis the handle on ALGT graph? Was it formed around the $42-43 level or is it forming now around $50’s? Your thoughts? thanks
Looks like a cup without handle to me.
Darn it, can’t use cup without a handle… burns my hand!!