GoPro (GPRO) Trade Scenarios - Video

12/19/14 UPDATE: it's -4% on the most bullish week in years. Not good.

Short video of where it goes from here.

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12/16/14 update: Now that Gopro hit the lower end target i can concentrate on the new pattern (descending channel green dashed). I saw more upside opportunity than down side risk this morning on weakness and went long it via debit call spreads. The stock is now 4% higher in just hours. I can book some for profits or ride it as long as markets in general don't correct.

ORIGINAL POST>>>>>>>>>

Five minutes on the best way to trade GoPro from here. Low risk and decent reward ideas.

Daily Chart: if green dot is reached then the red arrow could be the road soon to follow in either direction. More on this in the video.

Nic.

Posted to Create Income with Options … on Nov 24, 2014 — 6:11 PM

Recent free content from Nicolas Chahine

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