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subtlepapi

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

Long
GoPro, Inc. (NASDAQ:GPRO)  
subtlepapi Aggiornato   
NASDAQ:GPRO   GoPro, Inc.
Trend Analysis Technical Indicators Chart Patterns trend Trend Line Break trendtrading trendfollowing reversal reversalpattern breakout breakouttrading Technical Analysis
1
0
trendanalysis indicator chartpattern trend trendlinebreak trendtrading trendfollowing reversal reversalpattern breakout breakouttrading technicalanalysis
Technical Analysis
  • Breaking out of downward trend and showing signs of reversal

Price Target
Buy between $6.24-$6.45
Target 1: $7
Target 2: $9
Trade attivo
Commento:
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.

Idee correlate

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