Dr. Wish
GMI still Red; 3 GLB stocks $CHGG $OKTA $ $POST and maybe $CRON today.
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.
