Short term view - GOPRO INC : The background trend is clearly bullish.
The background trend is clearly bullish. Prices are still making progress but there is less power in the movement.The next resistance is at $7.80. Breaking below the support at $5.60 would invalidate the trend.
GoPro makes cameras, and mountable and wearable accessories. The company sells its products globally through retailers, distributors and on gopro.com. The company's products include: HERO8 Black, which is a camera featuring HyperSmooth 2.0 image stabilization, TimeWarp Video 2.0, built-in mounting, live streaming, cloud connectivity, voice control, improved audio and touch display; MAX, which is a 360-degree waterproof camera featuring MAX HyperSmooth image stabilization, 360-degree MAX TimeWarp Video, MAX SuperView, PowerPano, built-in mounting, audio, live streaming, voice control and a front facing touch display; and GoPro Plus, which is a subscription service that provides a camera protection plan.
DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
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