In this post, we'll dissect the stock's surreal run up from the low 50S in the beginning of September to its near-term high of $96.45 on 9/30/14.
Our chart as published on our blog represents two time frames of interest to us from a price action standpoint. The first is the daily time frame for GPRO going back to mid-July. The second is the 30 minute time frame from 9/23 - 10/2.
This post articulates two reasons for the run up in price, and offers a great example of supply versus demand in effect. For more analyses and commentary on the stock market, check out our blog: syncubate.com/
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.