GPRO 100% increase is coming. Continuation of my previous analyzes. The analysis done so far is visibly working. My assumption is the continuation of the fractal sequence. "Sequence" means that not only the shapes of the waves are repeated, but their sequential sequences. Since we are talking about a "fractal sequence", this means that the fractal now being built can follow a growth rule. This growth rule will be fed by increasing ATRs. It can then be stated that the fractal now being formed can be twice the size of the previous fractal. Although, due to the logarithmic distribution of the vertical axis, we will see the percentage increase as the same. Nevertheless, we can still see it as an investment (taking a long position), because entering it at the current level can result in a profit of almost 100%. Target price can reach 26usd level.
If you had to put a guess out there as to when we will see it push above 13 again ... what's your estimate. I bought calls as we were around the 9.00 area. When we hit 13.50 I was up 100% each contract. I wish ide taken profits. I have the the chance to sell and rebuy numerous times. The morning after earnings when it spiked up I should have sold again as well.... then I could bought back here at 9.50 area or lower if it dropped more. I held thinking we would see 15-20 but here we are. Time is ticking away and hurting my value on the options. I thought ide ask someone their predictions so I don't hold when I should be selling again. I have bad luck.. I sell and then it rips. I hold then it drops and chops or goes sideways and has time decay hurt me. I sure hope it take off before we get to close to my expiration in January. Ugh. This has been so depressing. I went from 16k to 33k from March to January then when we dropped I bought alot of mid cap tech calls and have lost 50% since then. I thought we'd move back up after a short time but all we've done is dive drop or bleedfor several months now. I need a damn miracle to make my money back. Stocks like ai pltr jks cciv have kicked my butt.