Momotradez
Long

GPRO technical compression

NASDAQ:GPRO   GOPRO INC
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GPRO is looking like CBAK did back during 2007, and probably will be a dead stock eventually, just like CBAK is now. However, MoMo darlings are what they are, and this one is set up for some explosive moves to fill some upward gaps first. First jump will hit $44.50, and do so in a matter of days. The move will come into play once the stock PPS eases over that outer edge of the pitchfork . The lower trend-line is compressing the pressure. Check your personal oscillators (StochasticRSI, Fishers, True Strength, etc..) for multiple time frame divergences that will show you that money is trying to ease into long positions prior to the move.

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