Monday, December 21, 2015


What a rally for GoPro Inc (NASDAQ:GPRO) late in the day. We have to believe that this rally will resume in earnest on Monday. A break above the $20 level would give the stock momentum for a run to test the declining 50-day EMA. From a technical standpoint, the MACD is moving up showing positive momentum while RSI also show bullish movement. Plus, A/D line is moving up, it means the stock is being accumulated.

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