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.
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.
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