NO-GO for GOPRO

Still going down.My conservative play is only 2.34% to a common support level. Historical when the VI (negative) breaks above this level, the stock drops an average of 15.12% over the next few weeks. The minimal move is 1.25%.

Fortunately or not, there is not much room to drop. Holiday shoppers are most likely looking for deals and the price tag on GPRO products versus lower priced competitors continues to make GO PRO a NO-GO.