moneycat8

channel breakout

Long
moneycat8 Updated   
NASDAQ:GPRO   GoPro, Inc.
5
breakout on large vol. retesting channel now. looking for 20 minimum.
Trade active:
looking good. volume coming in at channel support
Comment:
break of red trend line would be a sell. last stand here.
Trade closed: stop reached:
gotta punt on this one...broken beloww 200 ma on hourly.
Comment:
looks like a nice solid bounce off channel support. new products coming out next week in time for seasonal period. risk reward looks good for swing long re-entry. may be we see 20-25 by year end.
Comment:
probabaly good idea to put in stop at gap support. 14.50.
Comment:
back in channel. punt again...

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