5 waves in GPRO now seems complete.
The issue closed the day negative on a 2.5% up NASDAQ day.
There are 4 bearish candlestick formations (Evening Star, Hanging Man, Dragonfly, Shooting Star)
The primary 3 high was a volume spike and made the new high on declining volume.
Looks quite bearish.
We can technically confirm when 79.13 is taken out which is the first target.
Also correcting the original call which actually turned out to be the top of primary 3.
The issue closed the day negative on a 2.5% up NASDAQ day.
There are 4 bearish candlestick formations (Evening Star, Hanging Man, Dragonfly, Shooting Star)
The primary 3 high was a volume spike and made the new high on declining volume.
Looks quite bearish.
We can technically confirm when 79.13 is taken out which is the first target.
Also correcting the original call which actually turned out to be the top of primary 3.
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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.
Related publications
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.