H&S pattern signaling possible exhaustion of trend

7 нояб. 2017 г.GPRO experimented a considerable breakaway gap upwards and has had considerable volatility since then. Yesterday's -2.41% valuation could signal the end of this trend and back to the previous one, which was slightly, but clearly, bearish.

8 нояб. 2017 г.

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GoPro's price is bouncing off the $8.6 resistance, showing a slight bullish divergence between yesterday's and today's dips. If it stays this way we may see the horizontal trend holding up, if it dips below $8.6 then it's probably going down.