Posted On: 06/29/2014 12:44:45 AM
Post# of 776
GPRO 30 Min. Chart: Excellent IPO.........GPRO returned nice % gains even for the little retail person..........Congrats to everyone that got our Alert........even if you did not get pre IPO shares there was still plenty of opportunity to make bank............GPRO just started trading last Thursday....
/ only two trading days under it's belt the best way to chart GPRO is by using the intraday charts........the example I'm using below is a 30 min, chart........kind of in the middle......I recommend charting from the 5 min. Time frame up to the 60 min. Time frame........by doing this you will be able to detect a change in trend.........& that my friends is what chartist do........they detect trends and changes in trends..
That being said the 30 min. Chart is very interesting........as you can see the Parabolic SAR Indicator had a bearish flip @ 1:30 on Friday.......The 7 day simple moving average bearish crossed the 10 DMA.........these are two early indicators that the bullish trend has changed and a new down trend "may" be starting.........this is the 1st of series of GPRO charts I will be posting this weekend.....I will use a different time frame for the next chart.........$$$
GPRO on Change In Trend / Bearish Reversal Radar..................$$$
http://stockcharts.com/h-sc/ui?s=GPRO&p=3...4013291422
/ only two trading days under it's belt the best way to chart GPRO is by using the intraday charts........the example I'm using below is a 30 min, chart........kind of in the middle......I recommend charting from the 5 min. Time frame up to the 60 min. Time frame........by doing this you will be able to detect a change in trend.........& that my friends is what chartist do........they detect trends and changes in trends..
That being said the 30 min. Chart is very interesting........as you can see the Parabolic SAR Indicator had a bearish flip @ 1:30 on Friday.......The 7 day simple moving average bearish crossed the 10 DMA.........these are two early indicators that the bullish trend has changed and a new down trend "may" be starting.........this is the 1st of series of GPRO charts I will be posting this weekend.....I will use a different time frame for the next chart.........$$$
GPRO on Change In Trend / Bearish Reversal Radar..................$$$
http://stockcharts.com/h-sc/ui?s=GPRO&p=3...4013291422
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