It will be interesting to see what happens with
GPRO
stock next. It seems to have flagged twice before but latest candle cluster showing red candles and red volume...plus lighter volume on Wednesday. I wonder if it can flag again or if it's topped out. Any thoughts?
"The two cameras are HERO Max priced at $499 and Hero 8 Black priced at $399. The market expects these products to do well and the stock is surging. On Monday, it went up by 11%. However, over the last 24 hours, temperatures cooled a bit as GPRO stock retreated back below $5 at one point. Can this penny stock continue its rally or will shareholders take a picture of these highs as a memory to look back on?"
About GoPro
GoPro Inc is a United States-based company that is principally engaged in designing and providing cameras, mounts, drones and appliances. The company outsources a part of manufacturing to third parties in China. The company sells products across the world through its direct sales channel, which generates over half of total revenue, and indirectly through its distribution channel. The company has a presence, including in the Americas, Europe, Middle East, Africa, and Asia-Pacific, with the Americas contributing over half of total revenue.
Quote Source: Robinhood Penny Stocks To Watch In October
GPRO
stock next. It seems to have flagged twice before but latest candle cluster showing red candles and red volume...plus lighter volume on Wednesday. I wonder if it can flag again or if it's topped out. Any thoughts? "The two cameras are HERO Max priced at $499 and Hero 8 Black priced at $399. The market expects these products to do well and the stock is surging. On Monday, it went up by 11%. However, over the last 24 hours, temperatures cooled a bit as GPRO stock retreated back below $5 at one point. Can this penny stock continue its rally or will shareholders take a picture of these highs as a memory to look back on?"
About GoPro
GoPro Inc is a United States-based company that is principally engaged in designing and providing cameras, mounts, drones and appliances. The company outsources a part of manufacturing to third parties in China. The company sells products across the world through its direct sales channel, which generates over half of total revenue, and indirectly through its distribution channel. The company has a presence, including in the Americas, Europe, Middle East, Africa, and Asia-Pacific, with the Americas contributing over half of total revenue.
Quote Source: Robinhood Penny Stocks To Watch In October