I say long and I mean that long, long term...for now I am watching and looking for a lower entry. Not Financial Advice.
If you aren't buying $GPRO I can't help you. H&S completed with a successful retest on the 0.236 fib and inside a volume gap. Good R:R, long the fuck out of this.
they sell cameras... so yeah, what can you do? but hey gains will be gains. it's got a bit of momentum here let's see how this thing does.
A flat wave wave structure. Slowly everybody gets tired of this continuous fall. The figure shows a "main wave" motion (green) and indicates a "response wave" (red). Both types have dual wave structure. The "Main Wave" (0A) section is 25 percent larger than the second (BC) section. The same can be said about the "response wave" structure. The "response wave" (0A)...
buy in look to sell the week of earnings or after if it shapesup
looks like we are at a yearly support buy in wait for earnings to near ! reset stop loss often !!
It's not every day that you see a well known company in this much trouble. GPRO has one last major support left; if this breaks there will be a massive dump. 7.90 is a major support so there is no guarantee that it will break, but I believe the risk to reward is worth it. I'm expecting a small bounce to play out so the entry will be right below the 20MA. If this...
Gopro shareholders, be calm. The exchange rate movement does not look beautiful. The rise is weak and uncertain. But technically, the exchange rate has a 0.76 USD daily ATR. The area in which it moves is bordered by a flat ATR shaft. Few small trade. It is also rather short. I indicated a white rectangular area where the exchange rate may start to slow moving...
Hi traders, Last time we made great profits buying GoPro. This is again a very nice long chance. Bulls are in the process of forming a big bottom. I am expecting this to become another higher low on this chart. We are now exactly on the 100 and 200 DMA and this is a nice "buying the dip" example on the bottom of the channel. I am personally seeing fundamentally...
I missed the mark on the daily view. Bad entry! Lets dig a little deeper in to the charts. Hoping to see a turn around by the end of the week to confirm up trend.
Looks like the eagle has landed! Lets see how high she can fly! GPRO
Watching to see if this drops to trendline. Ive been watching this since about march. GPRO has been moving very nicely! Lets see what she does. For educational purposes only. GPRO
I love pictures like this, its so clear to me that bulls are now in controll, except something major happens i am expecting now several weeks and maybe months of upside in this stock. Big earnings beat last week, are also fundamentally giving it some room higher. Take a look at this longerterm weekly chart:
1) many rumors about a possible acquisition by SNAP (or some big...incoming tax holiday); 2) GPRO is at interesting price 3) chart: explanation in the chart 4) I'll be IN GPRO, waiting for entry point and looking for > TARGET A (first gap area +24%), TARGET B (second gap area +45%)
Based off of the daily structure and the 30 min / 1hr charts GPRO looks like it's cheap enough for buyers to make some quick money. I'm expecting GPRO go to the 7.94 level and then face some resistance. It should be a low risk/reward trade.