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GoPro, Inc.

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GPRO trade ideas

GPROGO Pro looks to be in an ending diagonal for it's 5th wave of long decline. looks to be retracing some at least. It can correct and continue up, but I would be looking for a 3 wave structure here then one more down. I will post it zoomed out so you can see what I mean. The top trend line can be moved up and this small wave can turn into a larger 3 wave. Whether or not you want to invest long term, check the fundamentals, I am not up to speed, but please look at my zoomed out post in a minute to see what I mean. It will probably at least be correcting down to the 200 ma, but safe entry was from the small ending diagonal.
NASDAQ:GPRO
by thillygoosth
A flat wave wave structure...A flat wave wave structure. Slowly everybody gets tired of this continuous fall. The figure shows a "main wave" motion (green) and indicates a "response wave" (red). Both types have dual wave structure. The "Main Wave" (0A) section is 25 percent larger than the second (BC) section. The same can be said about the "response wave" structure. The "response wave" (0A) is 25 percent larger than the current waveform (BC) second wave structure. If it is correct the idea of the GPRO price is rising slowly, the target price is 7.99 usd.
NASDAQ:GPROLong
by meszaros