LeMogwai
Long

$GPRO breaking, target : $50

NASDAQ:GPRO   GOPRO INC
521 28 9
$GPRO             is breaking up of the falling wedge .
Expect a target around $50 before seing some correction to retest the bullish trendline
well we are at the 50 ,
great CALL
got my money on the PUT , but forgot to real trade this up
{ i did the paper trade and forgot to make it real}
face palm myself !!!
+1 Reply
price could still consolidate in a triangle which is inside my no man's land IMHV
the blue projection is optimistic price action
snapshot
+2 Reply
You think this upcoming earnings will trigger a gap up? IMO later/third quarter
+2 Reply
jangseohee QuantitativeExhaustion
very tricky indeed
+1 Reply
thanks all , @LeMogwai @chartmojo @LazyBear @tradearcher @JR , i bought GPRO may 40 P @ 2.34 this morning , and just did the stop loss so i would not lose if it reverses .
snapshot
+2 Reply
G13Man G13Man
and @david.hieb.54 for the 5o em i am using to track it
+3 Reply
It is going to stall at the 50 EM, then the 100 EMA shortly after.
+1 Reply
G13Man TheOmega
nice , added it to my chart to watch ,
+3 Reply
i am waiting to see what it does after it fills that gap / support /resistance @ about 44.56
also down trend from wicks to the list i am also watching
snapshot

this gap fill is also where a gap above happened after IPO
i like LazyBear s channel , it starts at the last bear flag
, and a time mode of the down trend that is close to this up trend
over all i am more bullish till it breaks all these reasons
+3 Reply
This stock outperforms in fall/early winter. GoPro's will sellout for Christmas shopping season. Good chance will see GoPro drones too.
+2 Reply
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