GMI at 6 (of 6)–first time more than 100 new highs since February 21. Since that day there were more new lows than highs until April 9. New highs versus new lows is an indicator of the market’s direction. $ZLAB–cup w handle break-out.

@ 8:01 am
GMI6/6
GMI-26/9
T210876%

Would have liked to see more volume on break-out.

2 thoughts on “GMI at 6 (of 6)–first time more than 100 new highs since February 21. Since that day there were more new lows than highs until April 9. New highs versus new lows is an indicator of the market’s direction. $ZLAB–cup w handle break-out.”

  2. I think Zai Labs is riding too high at the moment. The potential products that they can produce in China do not reflect the current price/ market cap. In my opinion, this stock would have been a great buy anytime before 3 months ago.

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