Stay with GPRO in long. Multiple wave, sub-wave structures can be seen simultaneously on the graph. But the end result is the same. The decline in the exchange rate is likely to stop. The second ascending wave structure (green line) is started. the slope of the increase may be higher because it is moving along an accelerating ATR axis. The second wave structure...
GoPro, Inc. engages in manufacturing and selling camera and camera accessories. The company provides mountable and wearable cameras and accessories, which refers as capture devices. Its product brands include Hero7, Fusion, GoPro Plus, Quik, GoPro App and Karma Grip. It also offers an ecosystem of mountable and wearable accessories. The company was founded by...
As can be seen in the graph above, there are two very negative signs:
1.The beginning of a red cloud (potential declination).
2. Breaking the 200 moving average line (reinforcing the negative trend).
We think the price will continue to fall, but this is not a new beginning, but rather a continuation of the past that is - the price has ranged from $ 4 to $ 7.8 for...
$GPRO Back below 200d ema line, headed lower near term.
Bearish options bet today - 25k $8.00 strike (deep ITM) July puts traded today for total premium of $5.6M vs OI of less than 150
Medium term target - $4.00-$5.00 range by early July
GoPro, Inc. develops and sells cameras, drones, and mountable and wearable accessories in the United States and internationally.
Stock - Nasdaq (USA)
Buy - $6.67
Take Profit (Sell Limit) - $6.73
Stop Loss (Sell Stop)- $6.54
Take Profit = +1.05%
Stop Loss = -1.95%
Go Pro breaking the downtrend channel it has been in for a long time. Goes down to retest it. Rsi is signalling bullish divergence while TD sequential is giving a 9 reversal. %50 profit after a few weeks. 3 different types of analysis all signaling trend change (price, momentum, time) it just works. I sadly missed this one. But good job to all those who noticed...
As smartphone cameras keep improving, the need to buy a GoPro is decreasing. However, for the time being, they still make a pretty great camera for capturing motion in stunning quality. GoPro just released unlimited cloud storage while keeping the same monthly price as before, good news for avid GoPro users. GoPro's earnings will be released next week, and Wall...
This after its IPO spike a few years back has been punished by the market, however we feel now is the time (and covered on our blog many months ago) that GPRO 7.25% / GoPro 7.25% may be making a comeback, and now that they have released their new advertisement for the Hero 7 with MUCH improved specs this is a good case for a huge recovery as:
1) Coming into...