ironhange
Short

GPRO: the battle of the trends

NASDAQ:GPRO   GOPRO INC
Judging by all of the indicators ( MACD , Stoch and RSI ) I say this would go down. It could find some support around 5.9 but im pretty reticent about it creating an accumulation zone. It would look like a good short if it falls under 5.8-5.7
Nice chart. What do you think about the current movement? I was thinking more down.
+1 Reply
ironhange pennytrader36
@pennytrader36, it still looks bullish on the short run, but its hard to say as it enters the ichimoku cloud resistance. Here should be traded based on signals.
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