GoGro stock analysis
I am expecting Gopro to go down in the next couple of days, though continuing the downtrend
1) there is a false break out in the high area of confluence, confirmed with a large bearish candlestick
2) Price crossed the upper Bollinger band, signaling a reversal in the short uptrend
3) watch closely the RSI, as it's getting higher
What I could suggest is to wait for confirmation, maybe on Monday noon, and go short.
1) there is a false break out in the high area of confluence, confirmed with a large bearish candlestick
2) Price crossed the upper Bollinger band, signaling a reversal in the short uptrend
3) watch closely the RSI, as it's getting higher
What I could suggest is to wait for confirmation, maybe on Monday noon, and go short.
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