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GPRO forms New Downtrend on June 18
On Thursday, June 18th, GPRO moved down 1.0% while volume shrunk to 0.4× the usual levels. New Downtrend was spotted, which could indicate a shift in momentum. Key support levels exist at 0.77, 0.74 & 0.71, with resistance at 0.83, 0.86 & 0.89. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of GPRO: F
There’s more where that came from. See all of today’s signals for GPRO here.
Read full article here »