GPRO - A Simplified Look

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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?
@2use, nope, Weekly 52 week RSI breakout. Pullback and then entry. Manage on Weekly chart
At this point do you expect it to go down?
All of my hold on trades, go hedged.

+1 Reply
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)
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"
Looks like, it might get a double topped for a temporary Gap resistance. Let's see if it does.
2use ucsgears
If goes lower, wont it be head and shoulders?
hopefully it should starts breakout
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.

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