7th day of $QQQ short term down-trend; Cup and handle break-out: $GIMO

GMI2/6
GMI-23/8
T210835%

It looks to me like GIMO had a break-out to an all-time high on Monday on above average volume.

screen-shot-2016-11-07-at-10-49-08-pm

However, this market is not out of the woods yet.

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