GPRO trade ideas
$GPRO H&S LongIf you aren't buying $GPRO I can't help you. H&S completed with a successful retest on the 0.236 fib and inside a volume gap. Good R:R, long the fuck out of this.
GPRO going up? I'm not crazy...maybe a lil bitthey sell cameras... so yeah, what can you do? but hey gains will be gains. it's got a bit of momentum here let's see how this thing does.
TRADE ENTRY: Long GPRO June 22/29 -- call $6.50This stock has been beaten down so much and is starting to form bullish technicals.
The fundamentals are taking a turn for the better too.
Do your own research.
Short GoProIt's all in the candles- bearish engulfing, shooting star doji, not to mention confluence between large resistance and cloud.
GO PRO TREND UP SHORT ZONEand after the break the point of 5.70 it may hit 6.33 and 7.6 the next goal hope that happens soon.
my vertical line is my entering point and I make a lot of green trades and good profit from this point hope you have the same.
GOPROthe Macad give clear buy signal since 4.68 with first target 6.59 strong support 4.87 , we have a lot of good news and it will increase ,so if you did buy and you are in profit put the stop loss at 4.87 and don"t close until reach the first target 6.59 ,then move the stop loss 5.82 and continues
A flat wave wave structure...A flat wave wave structure. Slowly everybody gets tired of this continuous fall. The figure shows a "main wave" motion (green) and indicates a "response wave" (red). Both types have dual wave structure. The "Main Wave" (0A) section is 25 percent larger than the second (BC) section. The same can be said about the "response wave" structure. The "response wave" (0A) is 25 percent larger than the current waveform (BC) second wave structure. If it is correct the idea of the GPRO price is rising slowly, the target price is 7.99 usd.
GPRO gambleJust for a gamble I'm throwing some money at GoPro at a lower support line that has held up every time so far. Let's see how this turns out in a few months.
GoPro Long Term Geometry Target ApproachingEverything you need is in the chart.
Geometry is coming.
The risk of the trade is defined.
GPRO - Short at red lineHV exploded on this one. I expected this guy to stay hot till friday.
Short @ $7
Take profit @ $5
Stop loss @ $7.5
go pro easy earning play looks like we are at a yearly support buy in wait for earnings to near ! reset stop loss often !!
What's GPRO going to do?Being new to this kind of stock analysis, looking for pointers.
My analysis: I see a couple of things going on here. Clearly a Head & Shoulders pattern into a downtrend. I see resistance at the bottom and some indication of reversal into an upswing back towards the $8.50 range. Thoughts?
GPRO Giving Up the GhostIt's not every day that you see a well known company in this much trouble. GPRO has one last major support left; if this breaks there will be a massive dump. 7.90 is a major support so there is no guarantee that it will break, but I believe the risk to reward is worth it. I'm expecting a small bounce to play out so the entry will be right below the 20MA. If this plays out than I should see some gains even if the major support holds. Lastly, I'm going to play this using Put Options in order to limit potential loses and maximize gains.
Happy trading,
Charles
