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

2022年7月29日

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

2022年8月2日

交易進行

2022年8月10日

註釋

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.