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InTheMoneyStocks.Com is a research and consulting company focused on mathematical proprietary techniques along with a key understanding of price, pattern and time. Through understanding geometry and other technical analysis methods, InTheMoneyStocks.Com prides itself on avoiding Wall Street hype... More
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  • GoPro Inc Bulls Looking Like Amateurs 0 comments
    Aug 1, 2014 10:03 AM | about stocks: GPRO

    Shares of GoPro Inc (NASDAQ:GPRO), which is the maker of cameras worn by thrill seekers and other adrenaline junkies, are falling off a cliff today, as Wall St. is not impressed with its earnings report. The price of the stock is down almost 10% as the bulls of this stock are choosing to seek action elsewhere.

    As the GPRO share price moves, we look to the charts to tell us the best price to buy and sell the stock. I have isolated a couple of levels for intra-day support, which could provide a bounce for a quick day trade. Note the chart below, watch these levels and be ready to trade them...

    Parm Mann
    InTheMoneyStocks.com

    (click to enlarge)

    Stocks: GPRO
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