meszaros

Gopro shareholders, be calm...

Long
NASDAQ:GPRO   GoPro, Inc.
Gopro shareholders, be calm. The exchange rate movement does not look beautiful. The rise is weak and uncertain. But technically, the exchange rate has a 0.76 USD daily ATR. The area in which it moves is bordered by a flat ATR shaft. Few small trade. It is also rather short. I indicated a white rectangular area where the exchange rate may start to slow moving sideways. From this rectangle, moving upwards, a significant increase may start. The rise may be higher with traffic, reaching the 11.42 USD primary target price.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.