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Goprobullish

GoPro Ichimoku Cloud FractalThere is a clear pattern that could potentially repeat on gopro. After the past two bullish TK crosses the price entered the cloud and completed an edge to edge, then proceeded to enter another bear trend. On the three day chart we just had the TK cross and are very close to entering the cloud. The daily is less bullish, as the price entered a downtrend after a bearish divergence the prior 2 times, and we currently have a bearish div on the daily.
NASDAQ:GPROLong
by chives152
Gopro shareholders, be calm...Gopro shareholders, be calm. The exchange rate movement does not look beautiful. The rise is weak and uncertain. But technically, the exchange rate has a 0.76 USD daily ATR. The area in which it moves is bordered by a flat ATR shaft. Few small trade. It is also rather short. I indicated a white rectangular area where the exchange rate may start to slow moving sideways. From this rectangle, moving upwards, a significant increase may start. The rise may be higher with traffic, reaching the 11.42 USD primary target price.
NASDAQ:GPROLong
by meszaros
When and Should you Invest in GoProMost view GoPro -0.13% as a very risky stock . Well it absolutely is. GoPro -0.13% started at 24$ went to 96$ and fell down all the way to 8$. That is very risky. This stock has a very high volatility so if you end up buying this stock at a very high price you can be trapped. But risk can come with a lot of income. GoPro -0.13% normally goes up to 8.50 and goes down to 7.80. If you can get it at 7.80 and hold on for maybe about 2 weeks it is probably going to go up to 8.50 GoPro -0.13% is for short and swing trading. GoPro -0.13% has a decent volume with an average of 2.51 million. GoPro -0.13% is a huge brand that is constantly growing. Lots of new things happen to GoPro -0.13% that can elevate the price to 9.00$. Just remember GoPro -0.13% is absolutely not a long term in investment. By swing trading you can get a lot of money from investing in this company.
NASDAQ:GPRO
by Pranjal134
Here's why GoPro shorts could get crushed.The Technical Outlook Per the chart above, the next significant level is the high print going back to October of 2015. That equates to a ~61% gain from current levels. As noted above, 33% of the float is short, which tells me there is POTENTIAL for more upside. Let's look at GoPro's recent quarter. Per Bloomberg - "Revenue will be $190 million to $210 million in the first quarter, GoPro said in a statement Thursday after the markets closed. Analysts were expecting $267.6 million, on average. In the fourth quarter, sales rose 24 percent to $540.6 million, also missing analysts’ average estimate for $573.3 million". In addition, they have had a string a bad news starting in November when they had to recall their Karma drone after some starting FALLING OUT OF THE SKY due to inefficient battery life. They lowered guidance on gross margin and are cutting cost aggressively. The article noted they are pairing back their ambitions to build a media platform around their action videos. The best line in the article was this- "For now, the company is working on making the process of using a GoPro camera from capture to sharing as easy as possible." This would give me hope they are starting to concentrate on delighting their core customers instead of extending their product line in categories where they will not win the share of mind. If the stock can close the week up in spite of a terrible quarter, that would tell me the line of least resistance might be higher. If this provided any value, please "like"
NASDAQ:GPROLong
by CalebDismuke