GoPro Inc. Trade Analysis by priceSeries
NASDAQ:GPRO

GoPro Inc. Trade Analysis
NASDAQ:GPRO

Full Trade Animation

The example has been compiled using a trader profile described below. The trading approach illustrated here is not perfect.
One could increase their profitability by taking higher trading risk.

Trader Profile

Tia is a new, low risk profile trader. She prefers to trade in modern product companies. She is not a technical trader and is dependent on priceSeries platform to guide her on investments

Tia has attended several free webinars organized by priceSeries and now she has a basic level of understanding abou trading and using priceSeries platform.


Day by Day Analysis

Day 1

Analysis

  • System identifies the trade, shown by BLUE UP Arrow.
  • Green dot above the candle indicates that the up thrust is higher than previous trading day.
  • Current Traget is at $12.82
Trading Risk: Very High

Trader's Actions

  • Technical Traders may decide to enter the trade after checking the technical indicators
  • Non Technical Traders must wait for a confirmation of uptick. The sudden move could also be temporary based on market news.

Day 2

Analysis

  • Today the Up Thrust is GREEN.
  • The algorithm qualifies the trade as a TOP PICK.
  • Today's move also breakout of previous target at $12.82
  • New Current Target is $13.40
Trading Risk: Moderate

Trader's Actions

  • All Traders can enter the trade with relatively low risk because the trade is a TOP PICK and has Broken Out of it's old target.
  • Traders can place orders with their broker to but the stock next day. The BUY Price should be above $13.28

Day 3

Analysis

  • Today the Up Thrust is ORANGE.
  • Current Target is $13.40
  • The stock closes at $12.64. The BUY orders above $13.28 are not filled.
Trading Risk: Moderate

Trader's Actions

  • The stock closes at $12.64. The BUY orders above $13.28 are not filled.
  • Trader still waiting for order to be filled

Day 4

Analysis

  • Today the Up Thrust is GREEN.
  • Another opportunity for new buyers to enter the trade.
Trading Risk: Moderate

Trader's Actions

  • BUY orders at $13.28 are filled as the stock makes a high of $13.30
  • Trader buys 1000 shares at $13.28
  • Immediately after purchasing the stock the trader puts a Stop Loss order for system suggested Stop value of $11.84 or any value trader feels appropriate.
  • Closing price is $12.94
  • Net Gain by the trader (12.94-13.28)*1000 = -$340 or or -2.56% loss

Day 5

Analysis

  • Today the Up Thrust is ORANGE.
Trading Risk: Moderate

Trader's Actions

  • Closing price is $12.55
  • Trader sets the new Stop value to $11.91
  • Net Gain by the trader (12.55-13.28)*1000 = -$730 or -5.49% loss

Day 6

Analysis

  • Today the Up Thrust is GREEN.
Trading Risk: Moderate

Trader's Actions

  • Closing price is $13.10
  • Trader sets the new Stop value to $11.91
  • Net Gain by the trader (13.10-13.28)*1000 = -$180 or -1.36% loss

Day 7

Analysis

  • Today the Up Thrust is GREEN.
Trading Risk: Moderate

Trader's Actions

  • Closing price is $13.53
  • Trader sets the new Stop value to $11.91
  • Net Gain by the trader (13.53-13.28)*1000 = $250 or 1.88% gain

All days in Trade

The Trader continues to update the Stop price daily until the SELL is issued by the system or the Stop Loss order is executed.

The Trader can get out of the trade anytime they are uncomfortable.

Day 21

Analysis

  • Today the Up Thrust is ORANGE.
  • We are probably nearing the end of the trade. New Entries are risky.
Trading Risk: High

Trader's Actions

  • Closing price is $15.00
  • Trader sets the new Stop value to $14.82 or a tighter stop.
  • Net Gain by the trader (15.00-13.28)*1000 = $1720 or 12.44% gain

Day 22

Analysis

  • Today the Up Thrust is RED.
  • The system sees a negative price action and issues a SELL signal.
Trading Risk: High

Trader's Actions

  • The low today was $14.65
  • Trader's Stop of $14.82 has been executed
  • Net Gain by the trader (14.82-13.28)*1000 = $1540 or 11.59% gain