GoPro Finally Breaks Out To The Upside

shares are trading higher by $1.20 (10 percent) at $12.79 in Wednesday's session. It is now nearly $4 or 44 percent higher than its all-time low that was made on the day of its Q4 report at $9.01. After a lower open, it immediately found support at $11.31 and began to move higher. Once it cleared the four highs at the $11.70 area, it sent shorts scrambling for cover. It ripped through the $12 handle, found intra-day resistance at $13.05 and fell back into the upper $12 handle. That surpasses its January 14 high of $12,82, but is well shy of its January 13 high of $14.98.