Happy Holidays everyone!
At first I thought Legend was mentioned in a blog or newsletter but this Thursday/Mon breakout is with no news. Either old news is just now reaching investors or future news is leaked.
I've been reading the 2 classic Stock Market Wizards I&II and it reminded me of whats currently happening with Legend. In the interview with Paul Tudor Jones, he claimed that high volume breakout from recent base with no news is his favorite indicator as it tends to precede news. This will go up for a while and consolidate & form a new base, hopefully on much lower volume (less people willing to sell).