Go-Pro at all time lowCould this be the bounce I've been waiting for?
MACD and Stochastics look like they are ready to turn, I put a small long and will be adding as we climb
0R1C trade ideas
GPRO before a 50% rise... I intend to continue my previous analysis with this post. Fundamentally, I consider Gpro stock highly speculative, with many risks. Nevertheless, in recent days, technically, there is a sign of strengthening. Currently, the exchange rate moves in a well identifiable fractal sequence. I look forward to continuing this sequence. Based on the ATRs, a 1: 1 sequence is expected. If the conclusion is correct, the exchange rate may rise further. Target price can be 7 usd levels.
GOPRO - DAILY CHART Hi, today we are going to talk about GOPRO
We observe a D1, some important points. The details are highlighted above.
Thank you for reading and leave your comments if you like.
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Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use it as financial advice
$GPRO Running hard as earnings approach.Entry level $4.50 = Target price $5.00 Stop loss $4.30
SHORT INTEREST HIGH @23.37%
Very risky stock to trade, in a very well defined downtrend for years, this setup is just following the channel.
Seeking alpha article.
Global Action Camera Market is expected to grow from USD 4,237.9 million in 2017 to USD 9,382.5 million by 2023, at a CAGR of 14.2% during the forecast period (2018–2023). - Market Research Future
The action camera market will continue to be driven by an increase in the volume of global tourists. This includes mountain skiers, cyclists, surfers, and adventurous travelers who want to capture the best moments of their action-packed tours with a camera adapted for the dangerous terrains of their location.
On the other side, the rapid level of innovation and adoption of high-end smartphones with professional lenses and other features found in action cameras suggests that the average camera enthusiast is more than content with the camera that comes with his/her phone.
Company profile
GoPro, Inc. engages in manufacturing and selling camera and camera accessories. The company provides mountable and wearable cameras and accessories, which refers as capture devices. Its product brands include Hero7, Fusion, GoPro Plus, Quik, GoPro App and Karma Grip. It also offers an ecosystem of mountable and wearable accessories. The company was founded by Nicholas Woodman in 2002 and is headquartered in San Mateo, CA.
GOPRO keeping it simpleFor entertainment and trending purposes. Looking to retest 5.52 or upper trending line.
GproBroke the bullish wedge from the bull flag
Possible breakout once cross 3.83 trigger is 3.72 3.73
Trade play must hold 3.60 3.61
Targets
4.17 4.20 4.37 5
GPRO after two 37% falls... The exchange rate may have entered a phase of consolidation. Identifying the fractals, it can be seen that the exchange rate repeated the "normal" 37% drop. The falls are regular in size and the same in size. Therefore, I assume that it may start rising from this level. In the event that the fractal sequence remains regular, the exchange rate is ahead of a nearly 66% rise. Nonetheless, I consider it a high-risk stock and the long-term entry is quite a gamble.
Go Pro (GPRO) Buy At SupportI don't even trade stocks but just look at stocks to test my technical analysis skills. I am seeing a clear rejection of support and if I would to buy this I would buy this now and look to take my profits at about $5.50 for a nice 30% gain. Let's see how this goes...
GO PRO - DAY TRADE Hi, today we are going to talk about GOPRO and in a Day Trade opportunity.
We observe a 15m chart, some important points such as supports and resistances (and levels of strength) to the Day Trade. The details are highlighted above.
Thank you for reading and leave your comments if you like.
Join the Traders Heaven today, for more exclusive contents!
Link bellow!
Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use it as financial advice
$GPRO Flag Again Or Topped Out?It will be interesting to see what happens with GPRO stock next. It seems to have flagged twice before but latest candle cluster showing red candles and red volume...plus lighter volume on Wednesday. I wonder if it can flag again or if it's topped out. Any thoughts?
" The two cameras are HERO Max priced at $499 and Hero 8 Black priced at $399. The market expects these products to do well and the stock is surging. On Monday, it went up by 11%. However, over the last 24 hours, temperatures cooled a bit as GPRO stock retreated back below $5 at one point. Can this penny stock continue its rally or will shareholders take a picture of these highs as a memory to look back on? "
About GoPro
GoPro Inc is a United States-based company that is principally engaged in designing and providing cameras, mounts, drones and appliances. The company outsources a part of manufacturing to third parties in China. The company sells products across the world through its direct sales channel, which generates over half of total revenue, and indirectly through its distribution channel. The company has a presence, including in the Americas, Europe, Middle East, Africa, and Asia-Pacific, with the Americas contributing over half of total revenue.
Quote Source: Robinhood Penny Stocks To Watch In October
GPRO before rising 32%. ... The exchange rate provides a good opportunity for a long-term entry. At the intersection of MA (50). A backtest of this is currently available. I expect an increase from this level with a target price of US $ 5.96.
$GPRO Falling Wedge Breakout, Bull Flag Breakout: Possible AB=CDSee Chart. Read callouts for details. Please Like, Comment, and Follow to show you support!
Long GOPROAfter having seen the past year for Gopro I believe it is once again time to go long on this stock. A lot of my indicators show us moving up to at least the $5.50 range if not higher. If you have any questions about this analysis please just ask.
GOPRO is ready to move: First 40% then 100%GPRO has formed a descending wedge and it is ready to move
The first move is likely to reach a 40% price increase to a significant resistance level
Then a move to a total 100% price increase is expected
You can wait for confirmation after prices cross trend line
Use a stop loss below ATL (All Time Low)
GL
GPRO Final “BOTTOM”After long overdue Geometry , we have a finishing 3 Drive pattern into confluence of longer term targets
Bullish Divergence on GPROLooking for the daily candle to close above its previous close and then set the stop loss below today's low. Could see a nice 20% upside to support. Not going to be in this for long, primarily speculating based on the divergence between RSI, OBV and current price action.
