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ironhange
Sep 19, 2018 4:27 PM

GPRO: the battle of the trends  Short

GoPro, Inc.NASDAQ

Description

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
Comments
pennytrader36
Nice chart. What do you think about the current movement? I was thinking more down.
ironhange
@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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