If you are long, I assume you'll be watching the close today very closely.
GPRO is sitting right on support here - and acting well despite a weak market, but it was down yesterday in a very strong market. So, GPRO is detaching itself from the overall market based on the last two days.
Now the chart just turned yellow as the last is below the stop.... Keep your eyes peeled!
Tim 12:41PM EST 88.29 last GPRO
التعليقات
ChrisMoody
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Hey Tim Thanks for the Credit on the Charts...Bu tGLAZ actually coded this...I just threw on the current plot features. GLAZ did as a favor b/c a user was requesting the code...GLAZ has Skills...
timwest
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FIREWORKS
IvanLabrie
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Like 4th of July in October :p This indicator is amazing...great find.
timwest
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It's been a very long, very profitable ride for anyone using this great system that Chris Moody has posted.
TalalSAKhan
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Head and SHoulders in the making for GoPro Inc just like 3D Systems goo.gl/hB6AmI
niroola
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What is the significance of detaching form the market in opposing directions in recent days? I think I understand that performing worse than the market may indicate a less than favorable opinion and performing better than the market indicates stronger confidence to overcome the momentum of the market. I don't understand the polar moves in such a short time frame.
timwest
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Just keep watching it - it's like watching a drunk person dancing, they get out of tune with the market... guessing when they will fall over sometimes can take awhile... (just made that analogy up)
niroola
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With the end result being that they will eventually fall over? Been there too many times myself. Thanks for the chuckle. I'll keep watching.
chartmojo
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gravity is constant...and patient
justindanethan
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Would you get short now or wait for today's close to put a trade in?