moneycat8
Long

channel breakout

NASDAQ:GPRO   GOPRO INC
84 0 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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