I finally nailed down a good entry on $GPRO (No Hubris) after 3 previous failed attempts. Revenge trading is never a good thing, but when the setup is there, you have to take advantage.
We nailed down the spot on the pullback/gap fill after earnings, now things are about to get real KOLORful. Take a look at the volume profile above for GPRO:
Thin air to $65-$70.
The daily chart is also ripe to get further into the pocket, see below:
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And, most importantly, yesterday we had some light shed on future software plans. Hat tip to @VetTechTrader, for the timely comments on twitter— a must follow
Also, on the technical side of things, if you are unfamiliar with volume pockets/profiles, make sure to study this video by Option Addict: PRICE BY VOLUME VIDEO
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Indeud.
Thanks for the title.
The thanks belongs to Le Fly, I believe.
Was he who put all of us on the Randy Savage tip.
BABA is finally moving.
indeud
What’s up with BIS?
This is the spot right here to add.
Looking good! I’m back in USAT, thinly traded but has a nice trend going.
Now is the time to short the market. I demand the obligatory 8% correction.
hey RC, or anyone.
do you use FINVIZ elite? i use FINVIZ chart screens to find good setups, but the data is 20 mins delayed. i missed a big part of the AVEO move today. thanks.