GOPRO - going higher stillShhhhwwwwwing may have missed most of the upside on this run but there is still some left. Strong positive volume days. It's on. Target 14.50 or so at risk/reward of 2.5Longby NetscapeShort0
Short Go-pro @ 9.93 SL: 11.15 - TP: 6.28 RR: 1:3Short Go-Pro @9.93 Stop loss: 9.93, Take Profit 6.28, Risk Reward 1:3 Price went to Supply Zone of Month which is resistant in Monthly then created double Pin bar in Weekly chart. Also the double pin bar in weekly chart is created an bearish engulfing. Seller is coming and buyers is taking their profitShortby f.hung.vm29330
Will GOPRO go up from here?found bottom of channel and also a support area. will GoPRO Move higher or will it pull back for one more low?by BrunoAlvesb21
GPRO, Time To Buy?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.Longby UnknownUnicorn110841192
GPRO before an increase of 86%.GPRO before an increase of 86%. The corrective movement is over. I hypothesize that an ascending wave sequence can be constructed. Two fractals can be seen in the analysis. The ATR axis (wave angle) of the original fractal is flatter than the ATR axis (purple line) of the fractal now under construction. This can mean two things. 1, The rise may accelerate. 2. A more distant target price of 15.03 usd is also available. Since the axis angle of the second fractal is steeper, this means that the ATR values will also increase in the current rise. Therefore, the price movement may accelerate upwards. A short example. The ATR is the car's accelerator pedal. If the car is going down the slope and we tread on the gas, its speed will accelerate. This is the relationship between ATR and price movements. The reverse is also true. If the price movement increases but the ATR decreases, the increase in the price movement will stop sooner or later. This is actually a physical approach to RSI divergence. Longby meszaros161627
GOPRO hitting its key levels this week. Rally in before; GREEN!Hello individuals, of TradingView. I've been in search of a well known undervalued stock and stubbled upon GOPRO. I did some technical analysis and found that now would be the best time to buy in. Later I did some digging about GOPRO to figure if it would exploded in the coming weeks. This is what I put together to get a broad perspective as to why it'll move up it's position in the markets. GOPRO's subscription rate grows by 50% while its EPS drops in 2020 by 10% due to production and distribution of its cameras through China. Its getting ready to flip the switch in 2021! More common sense then technical analysis. • Turn a small investment into a big winner! • Q1 2020 EPS Actual Estimate -0.34; Q2 2020 EPS Actual Estimate -0.20 • Q3 2020 EPS Actual Estimate 0.20; Q4 2020 EPS Actual Estimate 0.70 Back in green plus a tip. --- Reminder of the subscriptions GOPRO offer that grew more than 50% in Q3 excluding the distribution factor. In light of this company's pull back, it shows signs of a strong future ahead.Longby LeanOnSullyUpdated 10
GPRO Possible Setup (Stock Testing Strategy) GPRO Possible Setup (Stock Testing Strategy) Longby jdroyalty336
GoPro is undervalued, stock reviewHey all, this is my first idea published, hope you'll get value from it and I'm happy to get feedback. GoPro fell a lot after the Earnings Report published on February 4th. While many sites reported some bad news comparing 2019 to 2020 overall, there are some hidden gems that could be found if we dig deeper. Q4 2020 Revenues from GoPro.com (the company's site) was $116M (new record), 91% higher than last year. Total Q4 Revenues are $357.77M. Q4 2020 Gross margin was 38.3%, which reflects the continued demand for GoPro products. Q4 2020 Net Income was $44.41M. Comfortably profitable again since Q4 2019. Improved cash flow at the end of 2020 puts GoPro at $325.65M, 116% Growth Year over Year. Long Term Debts are only $218.2M (Good) Total Current Assets are $556.68M compared to Total Current Liabilities of $262.69M (Good) 3.6M Camera units sold in 2020. The current Balance Sheet Ratio is above two (2.12), meaning they have enough in the value of total existing assets to fulfill their financial obligations for at least the next 12 months. That's incredible. With total revenue of $891.93M in 2020 and a current market cap of 1.24B, stating that GoPro is currently undervalued will be an understatement. There's a huge opportunity here. With its current market cap, cash flow, and company's projections to... Grow Q1 2021 revenues by 55% over Q1 2020. Grow revenues coming from GoPro.com to be 38%-42% of overall sales. Reach 1M subscribers by Q2 2021 and 2M by the end of 2021 (2M subscribers is a significant mark to reach, but it would represent $100 million of annual recurring revenue). Be profitable in 2021 with $470M to $500M cash. Even if the stock will continue to be volatile until the following earnings report and for the rest of the year, it is still in my belief. Based on other analysts' reports too, that GoPro's fair market price should be around $20 today. It's more than 100% growth. So if projections of revenues for Q1 2021 will be achieved, the stock's value should probably even exceed $20, and by the end of the year, we might even see it reaching $30 or more. Will be happy to hear what you think and discuss! Editors' picksLongby alivneUpdated 104104173
What now with GPRO?! Mid week analysis. The price movement is still downwards . But it couldn't break down $8.0 per share. $8.0 is acting as support. Let's watch it tomorrow, if it HOLDS $8 then we can consider Buy. If not we will see for another low. Longby Trading_with_Shakhboz6
GOPRO (Waiting for a new low)Long in the long term but waiting for a good entry point here for a long position. Not entering just yet. Longby tsx_trader334
$GPRO on BUY point?!The share price of $GPRO dropped by around 20% on Feb 5 due to the its earnings came out below estimates. Technical analysis: As it is seen that we do have strong SUPPORT @$8.0 per share, when the price dropped it couldn't break it down. Fundamental Analysis: Gopro Inc Cl A (GPRO) reported 4th Quarter December 2020 earnings of $0.39 per share on revenue of $357.8 million. The consensus earnings estimate was $0.38 per share on revenue of $375.5 million. The company said in its earnings presentation it expects first quarter non-GAAP results to range from a loss of $0.03 per share to earnings of $0.03 per share on revenue of $175.0 million to $190.0 million. The current consensus estimate is a loss of $0.10 per share on revenue of $167.3 million for the quarter ending March 31, 2021. The company also said it expects 2021 revenue of $1.07 billion to $1.11 billion. The current consensus estimate is revenue of $1.08 billion for the year ending December 31, 2021. Overall analysis: Wedbush raised the company's share price to $12 from $8. So we do have positive news. If $8 acts as Support we can BUY $GPRO with confidence. Company profile: GoPro Inc develops hardware and software solutions to alleviate consumer pain points associated with capturing, managing, sharing and enjoying engaging content. It produces mountable and wearable cameras and accessories. Longby Trading_with_Shakhboz6
The next Pump for WallstreetbetsLooking into Go Pro, the quality of the product, the usage within the TV industry and the innovation to me this is extremely manipulated to the down side.by ManfredHoppe113
GPRO LONG Target ~ $13I like this pullback here and we'll use a bit larger stop here, a better entry would be around $7.60. But loading up here has good risk/reward as well. Longby asenski5
GoPro Retrace Offers Chance to Enter LongsAfter yesterdays earnings report this has had a drop premarket but this retrace offers the chance to enter into a long position. The current pre-market price is 9.19 which aligns with previous structure so could be a good entry but 0.382 Fibonacci is lower still so there is a possibility for a further drop. I think any entry below 9.19 is a bonus though and waiting for a lower entry could mean missing out as this could quickly make up for yesterdays losses. I have been in this trade for a couple of months, the original idea came from Meszaros who is a brilliant author on TradingView. TP is 17.68Longby olly483
GOPRO AnalysisA simple and very clean channel to follow, my analysis shows this will continue based on chart reading and also improving company data releases. Be mindful of key resistances in the past however I think we will see this stock to continue to rise from what was a very low level during the pandemic. Longby JSBAnalysis0
$GPROrandomly charting stocks and stumbled on this beauty wish I had of caught it sooner... 3 year wedge breakout almost at target ($12) Broke out retested trendline (wedge) and continued!by Mike_y8
Go big or $GPROThis looks to have some upward momentum for this week. Closed above 10 EMA and volume upLongby mattisbaseball2
12%+ short float will be squeezed to 10%Safe bet on gopro before blowout cybermonday sales and new recurring revenue model They added cash to their balance sheet and now their prospect is safer and there is too much pessimism built into the price. BullishLongby antifragilemachine337