Thursday, December 10, 2015
Last time I wrote about GPRO here, I said that the stock was on a downward channel pattern. Unfortunately for longs the stock has not managed to break the upward resistance line, which is bearish. To signal a reversal, we would need to see the stock price breaking and closing above $20.
Side note: I am proud to have had my first Seeking Alpha article published. Please check it out here.