TheSignalyst

GO PRO or Go Home 📷 Analysis #25/50

Long
NASDAQ:GPRO   GoPro, Inc.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

on DAILY: Left Chart
GPRO is stuck inside a range around support in the shape of a rising broadening wedge, and it is currently around the lower bound so we will be looking for buy setups on lower timeframes.

on H4: Right Chart
🏹 For the bulls to take over, we need a momentum candle close above the last major high in gray.

Meanwhile, until the buy is activated, GPRO can still trade lower till the 4.7 support or even break it downward.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
www.RichTL.com

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