GPRO bounce off of 200 MA

٢٨ يوليو ٢٠٢١

GPro is showing signs of a bounce in weekly chart inside of a pennant while moving down in falling wedge/ downward channel. if it can pick up some momentum with this bounce and earnings report, it should breakout.
about 6 to 1 but return but obviously we cant know how long it will take
stop loss= slightly below 200 ma
profit targets for me=
pt1 11.75
pt2 12.6
pt3 13.75