GoPro, Inc. develops and sells cameras, mountable and wearable accessories, and subscription services and software in the United States and internationally. The company offers cloud connected HERO10 Black, HERO9 Black, and HERO8 Black waterproof cameras; MAX, a 360-degree waterproof camera; GoPro, a subscription service that includes full access to the Quik app,...
Upcoming opportunity at specific price floor as soon as correction completes on support level.
All recent price swings measured in percentages form inverse H&S pattern and establish a channel relevant for next possible drop for accumulation.
I charted these supply areas back in mid june, and now its reached its ultimate low support.
im putting a long limit at around $8.30, with a prejection to go as low as $7.70-$7.60.
prejected TP around $15+
Happy Trading!
GoPro channel from 18 Nov 2021 till Today 28 Jan 2022, with 3 touches for resistance and 2 for Support.
and we have Corrective Waves A, B, C
Today 28 Jan 2022 around the 5th wave of C wave. (need to close below 8.11 for confirmation).
My conclusion GoPro will go up from ~8.11 to 9.55 ~ 15%.
Target Price ~ 9.6 $
Time has come to update this stock.
Clear WXY, wave Y still has some room downside to be equal to W. Anyway, the low of wave W has been broken, therefore it may take off from current levels.
Obvious target - prior high on the chart, next target - around $16 - this is 1,382 distance of the size of WXY
$ GPRO GoPro new paper at Tinkoff.
The strongest liquidity squeeze on the 4-hour, daily and weekly timeframes.
For all indicators, it screams about an impulse of 20-50% in a short time.
GoPro has broken out of its descending channel creating a bullflag with good news to boot. 2020 should be a great year for this company and it’s share holders
textbook downtrend resistance break and then retest here on $gpro,needs to hold the retest as support and it should continue higher!
price targets are 11.72-12.78
like and follow for more! thanks
I read a post on tradingview talking about gopro awhile back, and I read a lot of good things. So much so, that I bought two gopro's for myself. The software was a little buggy, and the camera would overheat sometimes, but wow, it took some incredible shots. The motion stabilization technology they have makes for some insane shots. I've been watching this stock...
GOPRO End of correction. The technical analysis shows that in the longer term, NASDAQ:GPRO is moving into a wider channel. The top and the bottom of it are ATR axes. It can also be seen that in a symmetrical wave structure, it went out of the lower channel (yellow wave cycle) but after a few days it rose back up towards the bottom of the channel axis. This is...
