Seems like GPRO has upside left, closed above the last uptrend mode after expanding range.
Very bullish signals, also a quarterly and yearly EMA crossover today (66 and 253 EMA, Tim West's reccomended periods).
If already long, you can book profits at the targets on chart, 50% and 50%, 25% and 75%, up to you.
you can also trail the stop to protect profits at the mode: 62.25.
Uptrend should at least last until the 27th, but it might find resistance at 72.70, where a key hidden levels' earnings resistance line sits.
Props to Chimbot for spotting these wonderful intermediate term trades, he's been on fire. Do check his work out if you can, his idea is linked here.
Cheers,
Ivan.
Very bullish signals, also a quarterly and yearly EMA crossover today (66 and 253 EMA, Tim West's reccomended periods).
If already long, you can book profits at the targets on chart, 50% and 50%, 25% and 75%, up to you.
you can also trail the stop to protect profits at the mode: 62.25.
Uptrend should at least last until the 27th, but it might find resistance at 72.70, where a key hidden levels' earnings resistance line sits.
Props to Chimbot for spotting these wonderful intermediate term trades, he's been on fire. Do check his work out if you can, his idea is linked here.
Cheers,
Ivan.
Comment:
Saved by hedge short under my stop ;)
