ucsgears

GPRO - A Simplified Look

NASDAQ:GPRO   GOPRO INC
262 13 1
Sometimes, This is all It takes. A pure momentum shift.

Watch for breakouts @ resistance.
Comment: Its About time to through it for Weekly RSI breakout alert.

Indicator - Already Published.
Did you mean its a buy now?
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@2use, nope, Weekly 52 week RSI breakout. Pullback and then entry. Manage on Weekly chart
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At this point do you expect it to go down?
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All of my hold on trades, go hedged.

snapshot
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2use ucsgears
Unfortunately i cant hedge everything, and was looking at this for a long term target - it has formed a recent low, and on the large scale it is quite far from previous prices. It can go bankrupt, but i dont think it will. With your idea in mind, it just is going slightly further away from the curve. The UCS strategy is available and working (because it is only 3 instances on the chart)
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The Strategy is to be applied on multi time frame. I am not planning to make it available yet. the classification needs some fixing, they are very dynamic to generalize. "not every trade is similar"
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Looks like, it might get a double topped for a temporary Gap resistance. Let's see if it does.
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2use ucsgears
If goes lower, wont it be head and shoulders?
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hopefully it should starts breakout
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There must be more volume to baseout. Notice the VA is still declining. A stock / instrument will form a base, when the VA starts to breakout.

snapshot
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