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
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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
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。