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AwesomeAvani
Aug 1, 2023 1:13 AM

GPRO goes to earnings LONG Long

GoPro, Inc.NASDAQ

Description

From the 2H chart GPrRO is in early reversal two days before earnings

sitting at a bottom on the POC line of the volume profile. The MAC profile

shows a line cross under a small histogram. Right now momentum is subtle

and sluggish but could accelerate quickly in the approach to that earnings

report. Based on the chart, I will target the July 18th pivot high and set the

stop-loss under that POC line.

Trade active

GPRO is at the bottom of the fair value zone a little weak but not weak enough to be oversold. This is a great place to be with impending earnings.
Comments
alivne
Are you still in a position? would love to know if your perspective changed.
jaredradosevichffl
Im gonna watch it but my indicators are showing something else atm! Hope your right and it turns though..
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