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Actionable news in GPRO: GOPRO INC,

Go Long on GoPro Now

A few weeks ago, we identified several (9) stocks that were likely to benefit from the rising stock market, that our decision support engine was forecasting. One of these was GoPro (GPRO - Get Report) , which appears on fourth page of that analysis.

Reviewing the specifics, the point was made that $31.63 should be used as a buy stop to exit shorts, and establish long exposure, since the initial buy signal had come when lower lows in prices were not confirmed by lower lows in stochastics. Since $31.63 was broken above the next day, shorts should have been exited, with huge...