08/24/2021: Broke out of descending wedge pattern established in June
08/27/2021: RSI crossed over 50 line and has remained greater than 50
09/01/2021: 9 EMA crosses above 21 EMA.
09/01/2021: Awesome oscillator crossed over zero line and has remained greater than 0.
09/31/2021 - Present: Price has been rotating around a high volume node in volume profile...
07/07/21: Awesome oscillator positive crossover on the zero line
07/19/21: Break above swing-high established on 06/10/21 and tested again on 07/12/21
08/19/21 - 09/08/21: Development of a bullish divergence between price and slow stochastic indicator
09/08/21: Slow stochastic cross up
09/13/21: Daily candlestick formation: pin bar in the direction of the trend
After an aggressive post-earnings sell off, GME quickly re-establishes itself back to its 1 year cumulative volume profile point-of-control.
Price action on the daily timeframe is showing strong hidden bullish divergence from the stochastic oscillator. This indicates that the bullish trend will continue.
(Left chart, Daily ) : Sept. 3rd Daily pin bar demonstrates strong rejection of lower value.
(Right chart, Hourly ) : The most significant pin bar formations are always accompanied by a break of the lower Bollinger band . This break is shown on the one hour timeframe.
Additionally, the 1 hour chart shows significant bullish divergences between price action...
