For GPRO I cannot
get bullish until a Daily close above Daily center Sigma +41s, and in order to reach 41s
GPRO must first get through resistance at 38s
and also get through the low volume area (LVA) just below 40.10.
Unless getting and holding above 41s post the FOMC rate decision GPRO is likely certain to test the IPO price at 28s and possibly lower to the -3Sigma target
at 21s once/if breaching below 31.35.
Ethan
Premock
Futures & Options Strategist Hamzei
Analytics, LLC