4xForecaster
Short

#GoPro No-Go, IPO Below H2O | $GPRO #nasdaq

NASDAQ:GPRO   GOPRO INC
a year ago
Downside risk:

1 - Reciprocal ab = cd symmetry eyes sub-$5.00
2 - Predictive/Forecasting defines probable support at 23.99, limited upside to 36.97, bearish target at 7.28

OVERALL - BEARISH

David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA

----------
TradingView - Alias: @4xForecaster
a year ago
Comment: 12 NOV 2015 - Chart Update / Tech-Note:

Expecting 23.99 to provide temporary buoyancy:
snapshot


David Alcindor
a year ago
Comment: 16 NOV 2015 - Chart Update / Tech-Note:

On 12 NOV 2015 (4 days ago), I posted this smaller timeframe (hourly), defining 20.98 as a probable target, as we are considering in the WEEKLY chart posted in the original analysis, a temporary upswing to about 36.97 (last resistance before further downtrend):
snapshot


As of today, this 20.98 has been reached, and price has remained stomped - Again, expect an interim rallying into the temporary resistance level described in the original analysis:
snapshot


David Alcindor
8 months ago
Comment: 05 MAY 2016 - 05 MAY 2016

As per forecast, price continues to descent towards $7.28 bearish target as defined last 12 NOV 2015:
snapshot


Best,

David Alcindor
8 months ago
Comment: 12 MAY 2016 - Chart Update / Tech-Note:

As forecast, price continues to carve lower lows, now breaking below prior 9.01 nadir:

snapshot


Original bearish target of 7.28, defined last November 12th remains intact and in force.

Best,

David Alcindor
CMT Affiliate
7 months ago
Comment: 20 JUN 2016 - Chart Update:

Forecast target at 7.28 defined last NOV 2015 remains pending, intact and in force:

snapshot


Best,

David Alcindor, CMT Affiliate #227974
- Alias: 4xForecaster
David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

Signal Service or Private Course - Contact: admin@KADAInstitute.com
All updates on https://twitter.com/4xForecaster
BLUE43 TOP
a year ago
how do you detemine this 7.28 price ?
+1 Reply
4xForecaster PRO BLUE43
a year ago
Hello @red43 - Using the same Predictive/Forecasting Model I use in any priced asset.


David
Reply
BLUE43 TOP 4xForecaster
a year ago
ok do you have seen divergence making and near 5 ww on 30 min ?
+1 Reply
4xForecaster PRO BLUE43
a year ago
@red43 - I don't feed divergence to my Model - With some forced distortion, 20.xx could offer a floor, otherwise I am not certain ... I'd have to stick to the original timeframe scale.

Following is both a channel and a "strained" Wolfe Wave (i.e.: Forcing the pattern to retain some validity, despite near-parallel sides):

snapshot


David Alcindor
Reply
2use 4xForecaster
a year ago
thanx, watching this
Reply
Sunny88
a year ago
Could you please take a look at AMBA?
Reply
abail
11 months ago
Any update on this one David?
+1 Reply
4xForecaster PRO abail
11 months ago
Hello @abail - Ni change in target of 7.28, as defined last November 2015.

David
+1 Reply
abail 4xForecaster
11 months ago
thank you
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out