Bosphorus_Capital
Short

5 waves up seems complete in $GPRO

NASDAQ:GPRO   GOPRO INC
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5 waves up seems complete in GPRO .

We would be technically more certain of that when the low of 4 at 76.22 is taken out and definitely certain when (4) at 63.45 is taken out.

According to elliott wave principle 1st waves are usually retraced 61.8 % which stands at 54.46.

A bear market lasting at least a few months can be expected in GPRO .
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