GPRO

24 ביולי 2018

GO Pro looks to be in an ending diagonal for it's 5th wave of long decline. looks to be retracing some at least. It can correct and continue up, but I would be looking for a 3 wave structure here then one more down. I will post it zoomed out so you can see what I mean. The top trend line can be moved up and this small wave can turn into a larger 3 wave. Whether or not you want to invest long term, check the fundamentals, I am not up to speed, but please look at my zoomed out post in a minute to see what I mean. It will probably at least be correcting down to the 200 ma, but safe entry was from the small ending diagonal.