Bring up a yearly bar chart in December on any stock and look for strong close. I.e above the open and in the top one third of its range. This is particularly true after a number of sideways years. Then if price crosses the yearly high in Jan, it usually signifies the beginning of a major bull run.
I have seen this so many times, I now use it as a wealth strategy. ImO if this ann comes out and it finalises a strong close by end of Dec, we will see an impulsive uptrend next year and the year beyond. GLTAH
Bring up a yearly bar chart in December on any stock and look...
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