4 hour stochastics headed down out of the critical zone. Rsi trending below the exponential and kicked out of the bullish control zone. Over a 3 risk reward ratio on this trade, lets see how it plays out!
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...
After a stronger than expected earnings report on Wed night, GoPro price has broken above previous strong resistance. This appears to also be a reversal of a longer term down trend. Long with a current target of 5.80.
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...
After many years decline , GPRO is showing signal of making a come back. When we looked at the GPRO chart , we will see that Institutional and Hedge Funds start taking secret long position . On their agenda , taking GPRO is back to $12 . We may also see in the coming weeks or month that GPRO will announce a huge partnership with one of the well known company ....