GPRO goes to earnings LONG
Updated
From the 2H chart GPrRO is in early reversal two days before earnings
sitting at a bottom on the POC line of the volume profile. The MAC profile
shows a line cross under a small histogram. Right now momentum is subtle
and sluggish but could accelerate quickly in the approach to that earnings
report. Based on the chart, I will target the July 18th pivot high and set the
stop-loss under that POC line.
sitting at a bottom on the POC line of the volume profile. The MAC profile
shows a line cross under a small histogram. Right now momentum is subtle
and sluggish but could accelerate quickly in the approach to that earnings
report. Based on the chart, I will target the July 18th pivot high and set the
stop-loss under that POC line.
Trade active
GPRO is at the bottom of the fair value zone a little weak but not weak enough to be oversold. This is a great place to be with impending earnings.
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