Vince

GPRO Heading Higher

Long
NASDAQ:GPRO   GoPro, Inc.
Christmas should be the catalyst to life go pro to old highs. I think this stock can be managed well and I am looking at FEB and JULY call options with high OI and volume. Stock purchase is good also, this stock will sell a lot of cameras for Xmas and if it gets it strategy right long term could be viable in the social media content play.

Options are expensive on spreads so look for tight spreads and if using options I use a 20% risk to 40% plus gain.


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.