26.06.2015 - The price of GoPro has stabilized and can show a strong movement in the near future

GoPro stock price continues to consolidate above the level near 55.00 after failed to overcome the psychologically important level of 60.00. It is worth noting that earlier quotes broke through the lower boundary of the rising channel, and in the case of fixing the price below 55.00, we expect a decrease in quotations to the closest targets near 48.00 and 44.00. On the other hand, breaking of 60.00 will be the basis for further growth of the price to 64.00 and 67.00. We recommend to wait for a signal to open new positions.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.