Bosphorus_Capital

5 waves up seems complete in $GPRO

Short
NASDAQ:GPRO   GoPro, Inc.
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.