Gopro Inc - GPRO - Daily - Time at Mode says uptrend ends Friday
I hope this chart is self-explanatory.
The more time at one price, the more time for a rally.
Once the market 'disconnects' from a 'mode', then count that many days forward to project a time to exit the trend.
Once the rally time expired, a new consolidation had been building which was a smaller 9 days. The market disconnected from that price and is now in the final stages of the advance from that 9-day consolidation set to end this Friday, October 3, which is 3 trading days from now.
This method was very useful for calling the top in TSLA earlier this year and many other markets.
Tim 93.70 last GPRO 9/30/2014 4:45PM EST
The more time at one price, the more time for a rally.
Once the market 'disconnects' from a 'mode', then count that many days forward to project a time to exit the trend.
Once the rally time expired, a new consolidation had been building which was a smaller 9 days. The market disconnected from that price and is now in the final stages of the advance from that 9-day consolidation set to end this Friday, October 3, which is 3 trading days from now.
This method was very useful for calling the top in TSLA earlier this year and many other markets.
Tim 93.70 last GPRO 9/30/2014 4:45PM EST
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.