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meszaros
Nov 19, 2019 3:33 PM

GPRO before a further 14% decline... 

GoPro, Inc.NASDAQ

Description

Most likely, the last downward wave is building up before a more sustained rise. Nevertheless, we are talking about an extremely speculative instrument. Although the GPRO price decline is always panicky, I still argue that the current sequence is the "forerunner" of another sustained rise. Looking at the analysis, we can see that the exchange rate is in a round fractal structure. Sequence 2-2-1-1 After completing the second (1) fractal (red square), I expect a rise. In the meantime, it is advisable to take a short position to achieve a 14% profit. Or wait for the long position to be recorded. The target for the short position is 3.45usd
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