GOPRO INC

Most view GoPro -0.13% as a very risky stock . Well it absolutely is. GoPro -0.13% started at 24$ went to 96$ and fell down all the way to 8$. That is very risky. This stock has a very high volatility so if you end up buying this stock at a very high price you can be trapped. But risk can come with a lot of income. GoPro -0.13% normally goes up to 8.50 and goes ...

.

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%)

LOOKING FOR LONG SETUP

I think there is a support line at around $8.60. Based on where the price is now, it may be possible for a recovery toward $11.

.

.

Came above big support, so I believe we'll see a big up move

Long entry 5.50

Found a bottom? http://finance.yahoo.com/news/why-depressed-valuation-restructuring-gopro-135201245.html

.

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.

PATIENCE HERE.........

THE 1ST LARGER DECLINE IS A MEASURED MOVE WITH THE 2ND LARGER DECLINE.

gopro

A very nice 61.8 retracement on the Hourly chart of go pro.Possible upside, looking to achieve a 61.8 target using the "trend based fibonacci extension" tool.

Wait to see what WS does at $9.1... no position, on watch

GoPro tested historical lows with rebound at 8.6 Then breakout resistance at 9.6 which is supporting now. Expecting similar trade than last time. Retracement of previous movement is 61.8....