GameStop (Weekly Timeframe)
Clear bounce off the Gaussian Channel Midline.
This bounce is a powerful statement.
We haven't bounced off the GC Midline w/ on balance conviction in over 10+ years.
On Balance Volume (long term time frames) is in a clear parabola.
We recently broke all time highs & now retesting the parabolic band.
Falling Wedge Formation. (purple dashed lines)
Start Date January 2021.
Finish Date April 2024.
Expected Measured Move = $85 +/-
Cup & Handle Formation. (purple dashed lines)
Start Date January 2025.
Finish Date May 2025.
Expected Measured Move = $48 +/-
Handle of our current cup formation found support at the Gaussian Upper Band.
Golden Cross = Daily/Weekly/Monthly
Rainbow Exponential Moving Average = Bullish AF
Price Momentum Oscillator = Bullish AF
TTM Squeeze = Bullish AF
xoxo
Clear bounce off the Gaussian Channel Midline.
This bounce is a powerful statement.
We haven't bounced off the GC Midline w/ on balance conviction in over 10+ years.
On Balance Volume (long term time frames) is in a clear parabola.
We recently broke all time highs & now retesting the parabolic band.
Falling Wedge Formation. (purple dashed lines)
Start Date January 2021.
Finish Date April 2024.
Expected Measured Move = $85 +/-
Cup & Handle Formation. (purple dashed lines)
Start Date January 2025.
Finish Date May 2025.
Expected Measured Move = $48 +/-
Handle of our current cup formation found support at the Gaussian Upper Band.
Golden Cross = Daily/Weekly/Monthly
Rainbow Exponential Moving Average = Bullish AF
Price Momentum Oscillator = Bullish AF
TTM Squeeze = Bullish AF
xoxo
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.