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Goprobullish

GoPro | GPRO | Long at $1.35NASDAQ:GPRO is a strong brand name, but with a dying userbase / lack of growth. The company has no major turnaround planned, but the chart is interesting. The stock seems to be currently consolidating as the historical simple moving average (white line) is working its way down toward the price - which often leads to a jump. Another candidate for the Santa Claus rally? Or, will the "value" lead to an acquisition? Nothing is guaranteed, but something may be brewing. While not a long-term "buy and hold" candidate for me (personally, unless the business changes or growth seems relevant), it looks very intriguing from a technical analysis perspective. Thus, at $1.35, NASDAQ:GPRO is in a personal buy zone. Target #1: $1.70 Target #2: $2.00 Target #3: $2.50 Target #4: $2.88 (if some good news emerges...)
NASDAQ:GPROLong
by WorthlessViews
GPRO is quietly preparing for a huge rise.GPRO is quietly preparing for a huge rise. I wouldn't have given much for Gopro shares 3 years ago, but apparently the complete restructuring of the commercial and corporate infrastructure, the rollout of cloud services, has worked out very well for Nick Woodman and his team. The WALL STREET view is that if a Tech company goes from 100 usd to 1.5 usd, it's over. Well that's not the case with Gopro. It was reborn as a brand new and dynamic company. Let's look at the technical picture. The movement of the Gopro wave is well described by 3 axes. The cross points of all three axes are the 15-day D1ATR data. This means that the axes capture 6 months of data. You can see a pink axis that connects the D1ATR axis to the rising wave and two white D1ATR axes that define the two edges of the accumulation phase. Calculated with 14-day average values, of course. It can be seen that a flag pattern is forming between the two white D1ATR axes. Alternatively, the already familiar pink ATR axis is given, which provides a resistance level for the rising wave. To summarize. Going forward, I expect Gopro to exit the accumulation flag formation and start to move up. This would imply a rise of nearly 121% from the current level. Target price : 23.32 usd
NASDAQ:GPROLong
by meszaros
6
GoPro Retrace Offers Chance to Enter LongsAfter yesterdays earnings report this has had a drop premarket but this retrace offers the chance to enter into a long position. The current pre-market price is 9.19 which aligns with previous structure so could be a good entry but 0.382 Fibonacci is lower still so there is a possibility for a further drop. I think any entry below 9.19 is a bonus though and waiting for a lower entry could mean missing out as this could quickly make up for yesterdays losses. I have been in this trade for a couple of months, the original idea came from Meszaros who is a brilliant author on TradingView. TP is 17.68
NASDAQ:GPROLong
by olly48
Held 2+ Month & Literally Sold The Top! 😁 (GPRO)💰💰💰💰 Couple of days I told you I exited go pro for 111% return after holding for little over 2 months. I wanted to show you this update as I said we were heading into major Resistance and that I wanted to unload my position. I called it on the money! Saved myself from roughly a 12% loss. You got to go with your gut and when you see the signs you exit! Take your profits when you know it's a good deal. I'm very proud of this trade. 😁❤😁❤😁❤ Good luck everybody! 🙏 🥇MLT | MAJOR LEAGUE TRADER
NASDAQ:GPRO
by UnknownUnicorn2319099
5
Thank You GoPro For The 111% ❤ (GPRO)Today is the day I am taking profit on gopro, it was a nice 2+ Month swing trade and I'm very happy with the results! 💰💰💰💰💰💰💰💰💰 We are now getting into some severe Resistance levels and this thing has just been running up like no other! We are now at the top of the downward parallel channel on the larger timeframes. If it could push above would I get interested again? Maybe. I'm in the rebuilding process of new positions for my portfolio as everything in the stock market that I have held is now coming to a close. Most likely just going to roll this over to the cryptocurrency market. I got my eyes on some very important positions that I want in crypto. Thank you gopro, do yo thang! Love you!!! ❤❤❤ 🥇MLT | MAJOR LEAGUE TRADER
NASDAQ:GPRO
by UnknownUnicorn2319099
3
97% Gain Still Active! (GPRO)Gopro Trade Update: 💰💰💰💰As you know I have had my eyes set on that $5 target for Resistance on the channel and we are now very close!!!! I have continued to hold onto this one as it is my last penny stock position still open from the lows of $2.46. 💲💲💲🥇A 2+ month swing trade! Passive income is the best income! The 12 hr is showing some sideways compression chop for me, I'm zoning in on the next move as we approach the Resistance target. Let's see if I can get the cool %100 pull on this massive winner! ✌🤑✌
NASDAQ:GPRO
by UnknownUnicorn2319099
5
Approaching My Deadline. 93% Gain! (GPRO)Hey everyone I hope you're all doing well and ready to win big this week!!! 😁🥇 We have closed a lot of our positions that we took back in early April. We've had a lot of magnificent runs for serious profits on a good amount of pennystocks. My current pennystock positions that I have left is GoPro and New Gold Inc. I am about to begin a new series of buys and hunt out some new pennystock positions to buy as we close put these positions to rotate our capital. Gopro has been running very well and strong with a lot of green. We are getting closer to that $5 channel Resistance and I'm considering taking my 90%+ in gains on gpro. We will look for the next break low in smaller timeframes support for an exit of our position as we track it this week. If this channel holds than we could see a strong retracement. I will update on this post for the exit and take profit zone. Best of luck to you all, have an awesome week!!! 🥇MLT | FULL TIME TRADERS
NASDAQ:GPRO
by UnknownUnicorn2319099
94% Gain! Update On GoPro (GPRO)We continue to ride the gopro money train as we continue to get green across the board with healthy big green candle impulses. We are starting to head into that main $5 downward major Resistance channel. I am starting to get ready to look for a potential sell. We will start to scale into the smaller timeframes to see how it reacts to this Resistance. If it does breakout than this could show a brand new direction for gopro and could represent a new multi year cycle for the bulls. Stay alert, let's get this money! 💰💰💰💰 🥇MLT | TRADE WITH THE PROS
NASDAQ:GPRO
by UnknownUnicorn2319099
11
Still Holding This. 65% (GPRO)The daily is still showing strong green signals with multiple bullish engulfing candles. I would like to see it get to $5 before a major Retracement, which would be the top level of Resistance in the current channel. Currently we sit up 65% on this call and I could take profit now, but I don't have any major concerns as we have generated plenty of room on this position. We will consider to trade out of the position if we get a Crossover on the daily from our custom tools. Have a blessed day! 🥇MLT | MAJOR LEAGUE TRADER
NASDAQ:GPRO
by UnknownUnicorn2319099
2
GoPro: $4.50 Short Target + Long PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let us get into some of my insights. GoPro once was more than $98 per share. It has been an under-performing and underwhelming stock since its entry to the stock market. The recent earnings call wasn't so great and now they are trying to refocus their strategy. They also have an earnings call on May 07th. Can there be light at the end of the tunnel? I think so. GoPro still has hundreds if employees, it still has the same Nick Woodman who lead them to the market, and it still has growth potential. The main thing is the demand curve went down as a result of seemingly increasing competition. That being said, at the price they are now, they have a chance to regrow, and many people are giving it buy ratings even with its thus underwhelming performance this year. This makes me expect it to pass the $4 threshold in a matter of weeks, and likely pass $4.50 quite soon as well. It is too early to call a long potential, but I think they may have a shot.
NASDAQ:GPROShort
by gamer456148
Up 34%! (GPRO)Yooooo what's going on traders? 😁 Hope we having a good week so far! Gopro update, I now have my eyes set on this squeeze. I will consider selling 3.20 break down, but not too aggressive since the price entered was a very good price. Daily and weekly are showing signs of lots of green. I think on a scalp now would be a nice take profit as you can see the color trend Crossover on my candles. Than look to play the breakouts to the up or down Break up should result in large push to the upside. Play that S&R Good Luck!
NASDAQ:GPRO
by UnknownUnicorn2319099
GoPRO | If It Breaks, GO LONG!Throughout the last 1983 days (5.43 Years), GoPro hasn't made much progress at all... GoPro opens up the market today with 1.84%+, which is good to know but irrelevant. If you entered GoPro previously during this bear market odds are you took a loss. You could've easily avoided this with simple pattern recognition before making your decision to long. If GoPro breaks our channel resistance we will see the bull's attempt to engage. Entry: $4.68 Stop-Loss: $4.38 to start, price will respect (L5) optimize SL First TP: $5.44 Second TP: $5.73 Long TP: $7.47
NASDAQ:GPROLong
by DotcomJack