GOPRO HAS HUGE UPSIDE POTENTIAL
Updated
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:
Big earnings beat last week, are also fundamentally giving it some room higher.
Take a look at this longerterm weekly chart:
Note
Fellow traders keep your eyes on this stock, it could provide a nice long entry.Keep in mind, if the overall market is falling, wait till it calms down before jumping in. 8.50$ is very important
Trade active
I entered long at 8.75$ with a ~10% stop, i am looking for this stock to generate some nice upside momentum. Its a really nice setup and i like the fundamental prospects of this stock, but never without a stop, one never knows what happens in the future!Note
Looking for one more leg to the downside, this could provide a great buy opportunity. A move into 8.30$ to close the gap is in the cardsStop is still seen below 7.80$ or 7.60$. Targets 10$ and upward.
Note
Yes! gopro is +17% pre market!!! :-)perfect play.
Trade closed: target reached
closed +22%.
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