GoPro ($GPRO) Momentum IPO Trade

smbcapitalMike Bellafiore's (Bella's) Blogs, Technical Plays, Trade of the Week, Trading LessonLeave a Comment

Mike Bellafiore, author and co-founder of SMB Capital and highlights a Momentum Trade opportunity in the IPO GoPro (stock symbol $GPRO) with our college training class.

Some Highlights:

  • Mike explains the buy signal for this momentum trade.
  • Technical levels in IPOs just one trading day old are significant.
  • Understand this is a momentum trade which has little to do with the company’s fundamentals.
  • How do you exit?

Enjoy the video!


“You can be better tomorrow than you are today!”

Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, options, forex and futures. Bella is the author of One Good Trade and The PlayBook.

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