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Big Daily Demand Level around $39 for GPRO
GPRO
, D
Long
GPRO: Big Daily Demand Level around $39 for GPRO

As all of you know GPRO took a massive tumble this last Friday due to earnings falling short of expectations. However there is a big daily demand level around the $39 dollar level. I would look for a bullish bounce off this level for a short term swing trade.

GPRO Supply and Demand Zones the 1 hr
GPRO
, 60
GPRO: GPRO Supply and Demand Zones the 1 hr

With GPRO'S earnings being released on Thursday, I thought it was important for my fellow traders to be aware of the supply and demand levels. I will be looking to short GPRO around the $48.23 Supply level being that it is a major selling off area and it's a fresh level. You can either take the trade off of price action or a simple zone touch.

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