dfburke

GPRO Rebound

Long
NASDAQ:GPRO   GoPro, Inc.
3
Expecting movement in this manner till mid/early 2017. Shifting business models takes time and pain, delayed production

Fib retracement shows .618 support at approx. 12.35, and .5 retracement to approx. 11.55.

MACD cross over, showing oversold on RSI. Entering longs, will short weekly's when resistance and momentum show indicators.



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.