CRWD has great IBD ratings: EPS=97, RS=92 and Comp=98. Must not CLOSE below green line, at 398.33. I have a small position.
Blog Post: Day 10 of $QQQ short term up-trend; 66 US new highs and 113 lows and 31 ATHs; GMI declines to 3, of 6; 7 doublers at ATH and weekly chart of $EAT
This market is limping along. The GMI is still Green but the $QQQ short term up-trend is bearly (haha) intact. The GMI2 which contains very sensitive components is down to 1. Still, I found 7 doublers that reached an ATH on Monday. They are sorted by the last column which measures close Monday divided by the close a year ago. We must be very cautious and have tight risk controls in place.
EAT has been especially strong since its GLB in October. Look at this weekly chart. It has only closed below its 4 wk average (red dotted line) once since then. A strong advancing stock has 4wkavg>10wkavg>30wkavg. But EAT is floating above its 4wkavg, a sign of it being extended.
