GPRO has lost a lot of its value throught this year. I personally think we may be approaching a bottom, and this recent range after the down gap could form an island bottom. Im starting to accumulate stock this week. By the end of November we should start seeing the stock rise. Maximum downside i see from here is maybe 19. If we do find a bottom we will probably test that downsloping resistance line.
Also some daily bullish divergence should help trigger the pop, gotta keep informed about the Polaroid lawsuit though.
GOPRO isnt dead.
Goodluck!
Also some daily bullish divergence should help trigger the pop, gotta keep informed about the Polaroid lawsuit though.
GOPRO isnt dead.
Goodluck!
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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.