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subtlepapi

$GPRO - Target 1 hit for +9% with further upside of +40%

Long
GoPro, Inc. (NASDAQ:GPRO)  
subtlepapi  
NASDAQ:GPRO   GoPro, Inc.
Trend Analysis Chart Patterns Technical Indicators reversal reversalpattern meanreversion breakout breakouttrading SPX (S&P 500 Index) S&P 500 (SPX500) SPDR S&P 500 ETF (SPY)
2
0
trendanalysis chartpattern indicator reversal reversalpattern meanreversion breakout breakouttrading spx spx500 spy
Technical Analysis (TA)
Price is on the verge of testing resistance at Weekly 20EMA and daily 100EMA levels. This is Target 1 being hit.

Once it breaks above we should see some consolidation as RSI is would hit the mid level but further upside to $9 is still well within reach as there is plenty of room before the RSI reach overbought levels around 70.

However, this area could prove to be a key resistance zone so exercise caution.

Idées en relation

subtlepapi
$GPRO - Trend Reversal with upside of 10% - 60%
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