TradingView
meszaros
Aug 8, 2017 9:08 PM

Gopro update... Long

GoPro, Inc.NASDAQ

Description

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.
More