UnknownUnicorn11084119

GPRO, Time To Buy?

Long
NASDAQ:GPRO   GoPro, Inc.
Hello fellow traders and investors, here's another trade idea.
GPRO has recently pulled back to the SMA200. If GPRO makes a full recovery it offers a little bit over a 36% ROI.

Technicals:
The Macd indicates that GPRO is oversold
The Macd indicates that it is reversing
The Ema's indicate that GPRO is still in a downtrend

When To Buy:
When EMA's crossover

When To Sell:
I recommend selling your shares at around 10.50 around its previous high.

I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like and follow, Thanks.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.