meszaros
Long

GPRO after two 37% falls...

NASDAQ:GPRO   GOPRO INC
The exchange rate may have entered a phase of consolidation. Identifying the fractals, it can be seen that the exchange rate repeated the "normal" 37% drop . The falls are regular in size and the same in size. Therefore, I assume that it may start rising from this level. In the event that the fractal sequence remains regular, the exchange rate is ahead of a nearly 66% rise. Nonetheless, I consider it a high-risk stock and the long-term entry is quite a gamble.
Already long and in profit with GoPro, they are releasing the latest model soon too. I plan to repeatedly short term scalp this for a long time, but ladder small longs for long term hodl.

Good luck, fascinating analysis,as always
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