GoPro (GPRO)
GPRO before rising 33%... Several times in the exchange rate, an accumulation fractal can be identified from which we can see a greater fall before rising. Today's decline (-5.6% now) is due to this phenomenon. Therefore, it is advisable to look for a long position at this level. If the decrease reaches 10%, the observation is defective. Otherwise, the exchange rate may start to rise further in the coming days. The target price rise for the exchange rate is US $ 5.73.
GPRO before 69% gain... GPRO is a highly speculative instrument. High risk. Nevertheless, technically gave a more significant rise. This can be based on a fractal sequence that is a strong signal before a currency appreciation. The amplitude of the declining correction wave of the exchange rate is halved, while the amplitudes of the northward wave rise. Therefore, I assume that from the current level, the exchange will turn north and build a double fractal structure. The long term level is 6.53usd.
GPRO before a further 14% decline... Most likely, the last downward wave is building up before a more sustained rise. Nevertheless, we are talking about an extremely speculative instrument. Although the GPRO price decline is always panicky, I still argue that the current sequence is the "forerunner" of another sustained rise. Looking at the analysis, we can see that the exchange rate is in a round fractal structure. Sequence 2-2-1-1 After completing the second (1) fractal (red square), I expect a rise. In the meantime, it is advisable to take a short position to achieve a 14% profit. Or wait for the long position to be recorded. The target for the short position is 3.45usd
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.
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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 - 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.
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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 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
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
GoPro - Boost In Second Half Of The Year Coming?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.
SHORT INTEREST
30.04M 07/15/19
P/E Current
-6.44
P/E Ratio (with extraordinary items)
-23.42
Average Recommendation: HOLD
Average Target Price: 7.10
#GoPro#GPRO Negative trend with positive light tipAs can be seen in the graph above, there are two very negative signs:
1.The beginning of a red cloud (potential declination).
2. Breaking the 200 moving average line (reinforcing the negative trend).
We think the price will continue to fall, but this is not a new beginning, but rather a continuation of the past that is - the price has ranged from $ 4 to $ 7.8 for several months already.
GPRO before 22% increase... The previous analysis was carried out by the movement of the exchange rate. He has reached the bottom of his correction level. No further reduction is expected. I assume a turn from 5,83usd level. In the beginning, I expect a weak rise, and then a stronger double wave recovery. The target price is 7.04 usd.
GPRO before 9% drop... The construction of the additional wave structure expected in the previous analysis was interrupted. The exchange rate changed to a fractal wave system. From the data I conclude that a double-sized fractal can be built. Its correction base may be around $ 5.68. At this level, if you stay on the fractal structure you will see a double bottom. This can also reinforce the analysis of further movement.