The Neckline @ 14.30 has been tested twice now, once after the creation of the "Left Shoulder" and again after the creation of the "Head".
Now what I expect for GME is for price to come down for the creation of the "Right Shoulder" with Pattern Invalidation at 12.90!
-Pattern Prediction- *If price Breaks Down and Closes Below 12.90, pattern INVALIDATED! *If price Breaks Up and Closes Above 14.30, price action initiates my Trade Action Plan!
註釋
Price is giving us a nice steady start to the Right Shoulder! Looking for price to come down to 13.4 ~ 13.25 BUT could potentially come down as low as 12.98 ~ 12.8!!
註釋
Price has come down into the suspected 13.4 - 13.25 zone and is having a nice reaction to the area!!
註釋
Invalidation is at 12.60 NOT 12.90!! SO far Price has dipped down into the 12.98 - 12.8 zone which is as low as I'm giving this pattern to finish its Shoulder!! We need to see Price go bullish now!
註釋
Price closed @ 12.54 last week!
Now Pre-Market numbers are @ 12.69! SO If we open Bullish, THIS PATTERN IS STILL VALID!
The break of 12.6 will have been a FALSE BREAK!!!!