GRPO reaching ideal wave ii/b retrace target zone

We’ve been tracking GPRO to the T, as it nailed our preferred target zone perfectly and then followed through with the expected retrace. The ideal retrace level is between $46 and $52, with a sweet spot of $51-$49. Price isn’t there just yet, and the daily TIs (not shown) do want to see lower prices as all are pointing down. However, it’s time to get this on your radar!

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gpro

Intelligent Investing is celebrating it’s first year with this new website. As such everybody can now join I.I. for FREE for one month*. Please click here to sign up now.

*After the one month free, membership will automatically roll over into a monthly subscription of $24.99/month, unless canceled prior.

One thought on “GRPO reaching ideal wave ii/b retrace target zone

  1. Pingback: GPRO update 10/19/2015: Time to get bullish!? | Intelligent Investing

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