GPRO trade ideas
"PLACE YOUR BETS"WE ARE BACK DOWN TO SUPPORT AGAIN
DECISION TIME....HIGHER LOW BEFORE TAKE OFF
OR BREAK DOWN TO NEW LOWS
"PAY ATTENTION HERE"
"INSIDE DAY ALERT" BREAK OUT OR BREAK DOWNDESCRIPTION ON CHART...
Follow Price Action as the Risk is defined.
GPRO : Last Dive ?Expect this to be the last dive down before resuming upward movement... Target if close to 7.00 ...
$GPRO - Is it time for a reverse? After a long fall for $GPRO I believe it has had enough. Are we looking at a reverse from here?
Entry: $12.50
Target: $14.70 or +
S/L: $11.75
GPRODaily analysis : expecting a strong move if break out 13.42$ targeting above 15$ .
keep it in your watchlist .
Quite the GPRO Cool Hype Runner IPO drop..Called this hype runner ipo short about 8 months ago..for all kinds of reasons. now looking back we can see a sweet GMMA classic tanker display...nice if you caught the short or some puts.
GPRO Homerun Long to $30/$37GPRO has traded quite nicely and quite predictable as it's a very technical following stock. I've been watching for a while now as GPRO is rippening. It's almost time to pick it. So starting on the weekly we do have a confirmed weekly MACD crossover, which is confirming what I'm seeing on the daily. On the daily we're diverging while staying in this slightly broadening wedge. A very predictable and self fullfilling type of pattern. Once we break this is a home run long and I also expect the 8/21 ema to cross over showing bullish momentum at the same time. Last time we crossed over was at the $60 mark then we sold off heavily. The first target is $30 where some resistance is, key fib level, and 200 ema. Then ultimately $37 where a huge resistance wall is, completion of the wedge and possibly where this major trendline is. The break should occur around $14 and a stop below $9.90 should be sufficient. This trade is offering close to 6:1 if the final target is hit.
