meszaros

Gopro update...

Long
meszaros Updated   
NASDAQ:GPRO   GoPro, Inc.
Gopro update. We expect a further increase, so we do not shorten the back correction. From the 11.06 USD level, which is a correction level, we expect a slowdown, followed by a slightly declining exchange rate. This slow decline is assumed to be 9.6 usd. We then turn to turn. This turn is a re-accelerating move up to 14.21 usd to our primary target price. Here we close our long position. There is a second rising wave, but we do not have enough data to do so.
Comment:
Gopro moves up to 11.06 usd. From the adjustment level of 11.06, we expect the pipe fitting to 9 usd levels. We are still not planning a short entry.

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.