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Only 2 of these stocks at an ATH on Thursday have doubled from a year ago, RXDX and ENPH. This was a valued criterion used by Nicolas Darvas to select stocks to buy. A stock that has already doubled is more likely to double again. David Ryan and Brad Koteshwar have also mentioned this as a characteristic of a winning stock. CEG is a recent IPO.

I tweeted out this GLB early today when ENPH was at 303. At the time it had a volume buzz = +500%. ENPH closed at an ATH today of 316.31. Follow my tweets: @WishingWealth.

Look at the trading volume today. This is a terrific pattern. There was a huge volume break-out and GLB in late July right after earnings. Then the stock rested and volume settled down, leading to a resumption of the rise today. This might qualify as a Minervini VCP.

This weekly chart shows that we have entered a down-trend like the one that began last April. Whether this decline will break the June lows is unknown. However, any trend follower must respect this down-trend and be in cash or in an inverse index ETF. I like SQQQ. Note QQQ closed back below its 10 week average (purple dotted line).

The GMI remains RED and at 0 (of 6)