KaganCapitals
Long

GPRO will follow Twitters Pre-lockup Chart

NASDAQ:GPRO   GOPRO INC
211 1 1
I am looking fro GPRO             to follow a similar path to Twitter before and after its lock up.

Twitter's Earnings before Lock Up Beat: Stock Dropped 10%
Gpros's Earnings before Lock Up Beat: Stock Dropped 10%+

Twitter Bearish Stochastic leading up to lock up
Gpro             has a bearish stochastic leading up to lock up

Twitter dropped days leading up to lock up and 14% on lockup
Gpro             dropped days leading up to lock up and ? on lock up

Twitter bottomed out shortly after lock up and bounced off of a lower channel trendline
Gpro             has a lower channel trendline that it too could possible bounce off of.

I am looking for the lower channel bounce if we get down there

Twitter had a oversold stochastic rotation right after lock up and bounced
I am looking for Gpro             to have a stochastic rotation

Final Key:
Twitter bounced off of the lower trendline and short term target was upper channel trendline
I am looking for Gpro             to bounce off of the lower trendline and have a short term target of the upper trendline channel
chartmojo PRO
2 years ago
Keep in mind the lockup expiration on 2-17 is a substantial 76 million shares.....and unlike twtr there was allot of "engineering" or "manipulation" on GPRO during the lockup...i.e. formation of "trust" and additional shares offerered with the delay of the bulk of those shares. Balanced with the fact that gpro actually does make $...should be interesting.
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