Perfect trading setup..!While many investors experienced hardship, my perfect trading setup helps me to make money..! just bought GPRO put 13 March 26, and made +77% in 50 minutes>> This Is Art of Option Trading for more evidence check related links..!Shortby MoshkelgoshaUpdated 6624
Will the GPRO "Pop" last?GPRO has fallen since its initial gap-up "pop" a few days ago, which is expected. The question now is, will the "pop" propel the stock further into bearish territory. Because it came on heavy volume with an "Island Gap," I think so. As you can see, it was trading mostly at the bottom of its trading channel. It might fall a bit more as the price settles in. However, as we advance, I would not be surprised to see it trade more towards the top of its trading channel. This is not trading advice. I'm new to this and still learning. Please don't listen to me.by tfweinstein1
Trading ideaPlease note: - short selling is super risky. ( unlimited loss ), I prefer to buy put options. - I'm just sharing my view. its not a recommendation for buying or selling.Shortby MrMercato3
GPRO: Bullish Pennant (48%)Bullish Pennant (48%) Pros: Volume during post formation Descending volume during triangle formation PPS above 50MA and 200MA RS above 0 and ascending ATR Ascending R/R ratio above 6 250RSI above 50 and ascending 200MA ascending Target: PT = 20.10$ Help how ever you can to keep this alive. Thank you to those who have donated Coins! Always do your own due dilligence. This is not financial advice Stay Humble, have fun, make money! Education: www.dailyfx.com Longby LeLaf224
Is GPRO ready for a short?I'm putting GPRO on my watchlist for a future short. This is not trading advice. I'm new to this. Please don't listen to me.Shortby tfweinstein2
HEAVY MANIPULATIONAnyone who has read the earnings transcript can easily fill in the blanks that this should not have been a near -20% drop Someone REALLY BADLY WANTS YOUR SHARES There is no way this should have dropped as much as it did which means big hands are manipulating the stock. The headlines are reading ' miss on revenue ' But ignore adding cash to balance sheet and a successful in process to a recurring revenue model that has almost already stabilized. Where this stock is at now is when the iphone stopped being reported by apple -- their revenue was about to come from another area... this was not favorable for investors but if you look back on when would have been the time to buy apple, it is exactly this time. Longby antifragilemachineUpdated 3310
$GPRO - long over 8.50Strong technical and volume profile support hereLongby EquitiesForLifeUpdated 1
GOPRO - going higher stillShhhhwwwwwing may have missed most of the upside on this run but there is still some left. Strong positive volume days. It's on. Target 14.50 or so at risk/reward of 2.5Longby NetscapeShort0
Short Go-pro @ 9.93 SL: 11.15 - TP: 6.28 RR: 1:3Short Go-Pro @9.93 Stop loss: 9.93, Take Profit 6.28, Risk Reward 1:3 Price went to Supply Zone of Month which is resistant in Monthly then created double Pin bar in Weekly chart. Also the double pin bar in weekly chart is created an bearish engulfing. Seller is coming and buyers is taking their profitShortby f.hung.vm29330
Will GOPRO go up from here?found bottom of channel and also a support area. will GoPRO Move higher or will it pull back for one more low?by BrunoAlvesb21
GPRO, Time To Buy?Hello fellow traders and investors, here's another trade idea. GPRO has recently pulled back to the SMA200. If GPRO makes a full recovery it offers a little bit over a 36% ROI. Technicals: The Macd indicates that GPRO is oversold The Macd indicates that it is reversing The Ema's indicate that GPRO is still in a downtrend When To Buy: When EMA's crossover When To Sell: I recommend selling your shares at around 10.50 around its previous high. I hope you enjoyed this quick analysis and many more to come. If you enjoyed leave a like and follow, Thanks.Longby UnknownUnicorn110841192
GPRO before an increase of 86%.GPRO before an increase of 86%. The corrective movement is over. I hypothesize that an ascending wave sequence can be constructed. Two fractals can be seen in the analysis. The ATR axis (wave angle) of the original fractal is flatter than the ATR axis (purple line) of the fractal now under construction. This can mean two things. 1, The rise may accelerate. 2. A more distant target price of 15.03 usd is also available. Since the axis angle of the second fractal is steeper, this means that the ATR values will also increase in the current rise. Therefore, the price movement may accelerate upwards. A short example. The ATR is the car's accelerator pedal. If the car is going down the slope and we tread on the gas, its speed will accelerate. This is the relationship between ATR and price movements. The reverse is also true. If the price movement increases but the ATR decreases, the increase in the price movement will stop sooner or later. This is actually a physical approach to RSI divergence. Longby meszaros161627
GOPRO hitting its key levels this week. Rally in before; GREEN!Hello individuals, of TradingView. I've been in search of a well known undervalued stock and stubbled upon GOPRO. I did some technical analysis and found that now would be the best time to buy in. Later I did some digging about GOPRO to figure if it would exploded in the coming weeks. This is what I put together to get a broad perspective as to why it'll move up it's position in the markets. GOPRO's subscription rate grows by 50% while its EPS drops in 2020 by 10% due to production and distribution of its cameras through China. Its getting ready to flip the switch in 2021! More common sense then technical analysis. • Turn a small investment into a big winner! • Q1 2020 EPS Actual Estimate -0.34; Q2 2020 EPS Actual Estimate -0.20 • Q3 2020 EPS Actual Estimate 0.20; Q4 2020 EPS Actual Estimate 0.70 Back in green plus a tip. --- Reminder of the subscriptions GOPRO offer that grew more than 50% in Q3 excluding the distribution factor. In light of this company's pull back, it shows signs of a strong future ahead.Longby LeanOnSullyUpdated 10
GPRO Possible Setup (Stock Testing Strategy) GPRO Possible Setup (Stock Testing Strategy) Longby jdroyalty336
GoPro is undervalued, stock reviewHey all, this is my first idea published, hope you'll get value from it and I'm happy to get feedback. GoPro fell a lot after the Earnings Report published on February 4th. While many sites reported some bad news comparing 2019 to 2020 overall, there are some hidden gems that could be found if we dig deeper. Q4 2020 Revenues from GoPro.com (the company's site) was $116M (new record), 91% higher than last year. Total Q4 Revenues are $357.77M. Q4 2020 Gross margin was 38.3%, which reflects the continued demand for GoPro products. Q4 2020 Net Income was $44.41M. Comfortably profitable again since Q4 2019. Improved cash flow at the end of 2020 puts GoPro at $325.65M, 116% Growth Year over Year. Long Term Debts are only $218.2M (Good) Total Current Assets are $556.68M compared to Total Current Liabilities of $262.69M (Good) 3.6M Camera units sold in 2020. The current Balance Sheet Ratio is above two (2.12), meaning they have enough in the value of total existing assets to fulfill their financial obligations for at least the next 12 months. That's incredible. With total revenue of $891.93M in 2020 and a current market cap of 1.24B, stating that GoPro is currently undervalued will be an understatement. There's a huge opportunity here. With its current market cap, cash flow, and company's projections to... Grow Q1 2021 revenues by 55% over Q1 2020. Grow revenues coming from GoPro.com to be 38%-42% of overall sales. Reach 1M subscribers by Q2 2021 and 2M by the end of 2021 (2M subscribers is a significant mark to reach, but it would represent $100 million of annual recurring revenue). Be profitable in 2021 with $470M to $500M cash. Even if the stock will continue to be volatile until the following earnings report and for the rest of the year, it is still in my belief. Based on other analysts' reports too, that GoPro's fair market price should be around $20 today. It's more than 100% growth. So if projections of revenues for Q1 2021 will be achieved, the stock's value should probably even exceed $20, and by the end of the year, we might even see it reaching $30 or more. Will be happy to hear what you think and discuss! Longby alivneUpdated 104104173
What now with GPRO?! Mid week analysis. The price movement is still downwards . But it couldn't break down $8.0 per share. $8.0 is acting as support. Let's watch it tomorrow, if it HOLDS $8 then we can consider Buy. If not we will see for another low. Longby Trading_with_Shakhboz6
GOPRO (Waiting for a new low)Long in the long term but waiting for a good entry point here for a long position. Not entering just yet. Longby tsx_trader334
$GPRO on BUY point?!The share price of $GPRO dropped by around 20% on Feb 5 due to the its earnings came out below estimates. Technical analysis: As it is seen that we do have strong SUPPORT @$8.0 per share, when the price dropped it couldn't break it down. Fundamental Analysis: Gopro Inc Cl A (GPRO) reported 4th Quarter December 2020 earnings of $0.39 per share on revenue of $357.8 million. The consensus earnings estimate was $0.38 per share on revenue of $375.5 million. The company said in its earnings presentation it expects first quarter non-GAAP results to range from a loss of $0.03 per share to earnings of $0.03 per share on revenue of $175.0 million to $190.0 million. The current consensus estimate is a loss of $0.10 per share on revenue of $167.3 million for the quarter ending March 31, 2021. The company also said it expects 2021 revenue of $1.07 billion to $1.11 billion. The current consensus estimate is revenue of $1.08 billion for the year ending December 31, 2021. Overall analysis: Wedbush raised the company's share price to $12 from $8. So we do have positive news. If $8 acts as Support we can BUY $GPRO with confidence. Company profile: GoPro Inc develops hardware and software solutions to alleviate consumer pain points associated with capturing, managing, sharing and enjoying engaging content. It produces mountable and wearable cameras and accessories. Longby Trading_with_Shakhboz6