GoPro Goes Berserk

For detailed commentary and analysis, see our blog post published 10/3/14: syncubate.com/blog/2014/10/2/gopro-goes-berserk

In this post, we'll dissect the stock's surreal run up from the low 50S in the beginning of September to its near-term high of $96.45 on 9/30/14.

Our chart as published on our blog represents two time frames of interest to us from a price action standpoint. The first is the daily time frame for GPRO going back to mid-July. The second is the 30 minute time frame from 9/23 - 10/2.

This post articulates two reasons for the run up in price, and offers a great example of supply versus demand in effect. For more analyses and commentary on the stock market, check out our blog: syncubate.com/
GoPro (GPRO)shortsqueezeSupply and Demand

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