Gpro 40% rise could start. My analysis is that in technical terms the correction could be over. From this we can conclude that we are on the verge of another upward phase. The chart shows that the corrective move was 21% from the peak for the previous fractal. I expect a repeat of this fractal. I calculate the current uptrend to be 40% in size. This would mean that the next target price : 15.27 usd. I note that the current fair value of Gpro is 10.53usd. Exactly the level where the share price is. This means that at this level we can neither talk about overvaluation nor undervaluation.
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