H&S is Finished
Reversal Keys:
-CES (01/09/2018)
-Q4 (02/01/2018)
Comment:
Fundamental:
-December Drops = Giving investors a heads up for Q4, and the market has reacted to that news.
-Karam has been the worst investment in the first place.
-Job cut = Good for the company to focus its need + find other new products/services to expand. We'd expected this coming.
-Even if Q4 did not meet Wallstreet's prediction,the price will not drop much. (Similar how the price respond to the job cut). Q3 has warned Wallstreet.
Gopro:
-Invest in blockchain
-Partnership with companies like Apple. (Maybe to get acquire )
-Price is cheap. The company has its value, they still won on CES with Hero6 after all.
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-December Drops = Giving investors a heads up for Q4, and the market has reacted to that news.
-Karam has been the worst investment in the first place.
-Job cut = Good for the company to focus its need + find other new products/services to expand. We'd expected this coming.
-Even if Q4 did not meet Wallstreet's prediction,the price will not drop much. (Similar how the price respond to the job cut). Q3 has warned Wallstreet.
Gopro:
-Invest in blockchain
-Partnership with companies like Apple. (Maybe to get acquire )
-Price is cheap. The company has its value, they still won on CES with Hero6 after all.