Gpro1d
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
111% Gain On GoPro! (GPRO)What an awesome monday!!! 💰💰💰💰💰 We went right through the $5 target and is continuing to print green non-stop! Daily chart strong engulfing candle as all of our ema dots continue to shoot green. 💲💲💲💲
The 2 month+ swing trade continues to send powerful results! 🙏😁✈
Will continue to update.
🥇MLT | PRO TRADERS