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In this chart, we will present some basic information about the bedrock of technical analysis – the...
At the end of August 2020, I saw that the GME price touched its historical low (the lower red horizontal line). At the same time, the "Diamond" reversal model was formed.
The breakout of the" Diamond " up on 31/Aug/2020 confirmed the reversal from the downtrend to the uptrend.
Next, I used the old-school tactic of "Measured movement" according to D. Schwager -...