GPRO trade ideas
GPRO before 13% drop.... The exchange builds on a double rising wave system. Reached the end of the first rising wave. I expect a 13% correction wave from this level. Target price is 5,53usd. In the long run, after retrieving the 5.53 correction level, I expect another second rise similar to the previous rising wave size.
Gpro technical accumulation before greater gain...Gpro technical accumulation before greater gain. We expect the exchange rate to continue strengthening. Therefore, the current sideshow is understood as a technical accumulation. Its bottom is 6.84 usd level. We expect a steeper climb from this level. This is assumed on the second steeper ATR axis. For the exchange rate, you can go up to 10 usd levels.
What to Expect on GoProAs smartphone cameras keep improving, the need to buy a GoPro is decreasing. However, for the time being, they still make a pretty great camera for capturing motion in stunning quality. GoPro just released unlimited cloud storage while keeping the same monthly price as before, good news for avid GoPro users. GoPro's earnings will be released next week, and Wall Street is expecting a positive from GoPro. The Megalodon indicator is giving us a buy sign heading into Friday. GoPro is well worth adding to your watchlist. For information on how to use the Megalodon for yourself, send me a message!
Gpro before falling 36%... The exchange rate may further decrease. The target for descending motion is 2.80 usd. In the motion, we assume a sidewalk area marked with a yellow rectangle. In this area, the exchange rate may last for a few days. Currently, we are likely to estimate the area between 3.29 and 3.71 usd.
GPRO before 24% rise. The exchange rate has reached its correction level. No further downward movement is expected from this level. The exchange rate movement may turn and rise again. This rise is expected with a rather intense momentum. You can reach the 5.96 USD primary target in up to three days.
TIME IS GPRO NOW After many years decline , GPRO is showing signal of making a come back. When we looked at the GPRO chart , we will see that Institutional and Hedge Funds start taking secret long position . On their agenda , taking GPRO is back to $12 . We may also see in the coming weeks or month that GPRO will announce a huge partnership with one of the well known company .
Cameras are everybody's part of life in these days . Just on youtube statistics, hundreds people everyday starting live streaming ; and what they looking for is the good camera. GPRO is actually one of them . This is just one part of the story.
Nick Woodman , CEO , of GPRO is more mature than before . He knows that he has no extra credit to fail anymore.
Buy GPRO , thank me later.
''Opinions are my own , trade at your own risks'' NASDAQ:GPRO
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.
