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Spofas
Nov 21, 2015 12:50 AM

GPRO looking for a bottom. Long

GoPro, Inc.NASDAQ

Description

GoPro has been diving into the depths of the chart, doing price discovery and trying to find a bottom; but we can see the market has been buying these dips, as illustrated by the MACD and RSI bullish divs.
Taking the long trade here is really good in terms Risk/Reward but gambly in the sense that there's no bottom put in just yet.
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