JoelAdams00

GPRO Earnings

NASDAQ:GPRO   GOPRO INC
159 1 1
Looking to make an earnings play on GPRO             .
I see two main options
- Lately GPRO             has been getting a lot of support and may be creating a bottom therefore if this earnings goes well there should be a large amount of upside.
- If GPRO             misses earnings it will drop significantly but buying two or three days after earnings would be a very similar situation to FEYE             as it had a huge decline and then bad earnings putting it below the IPO             price but that was the bottom for FEYE             .

Personally I would buy GPRO             before earnings as consumer products have been doing well this earnings season and GPRO             beat earnings last time but gave a bad outline for the future of the company scaring people.
TheShakeOut
2 years ago
Interesting analysis, GPRO is sitting right below a major resistance. Next week the market will tell us which direction it wants to follow and we will be watching the reaction of the market to the earnings report :)
GoPro is showing weakness below key resistance levels
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