Parm

As GoPro Inc (NASDAQ:GPRO) Tops Out, Buy At These Levels

NASDAQ:GPRO   GOPRO INC
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GoPro Inc             (NASDAQ:GPRO) has been one of the hottest stocks around lately and has gone parabolic. I advised traders and investors that this equity was going to $71.15 (read here). Today GoPro Inc             (NASDAQ:GPRO) got as high as $70.90 just shy of my target. This name is very volatile and if today is indeed the top then we could see a massive drop. There will be bounces along the way and as a trader I will be looking for levels to capture theses upticks to profit from. The levels I have isolated are as follows $63.50, $61.25 and finally $57. Keep GoPro             chart on your radar and use these levels to make fast money.

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Parm Mann
Elite Round Table
Follow me on twitter: @ParmMannTrader
Great analysis - looks like $63.50 was the level for the week that held as support.

I wonder if the bears will gather enough force to push it below $60, or if it'll retest $70.

This stock has closed in the green on the monthly chart ever since it IPO'ed.

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