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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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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