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.