GoPro (GPRO) has been breaking down hard over the past several days. We warned about taking a position in GPRO back in October. Our reason was that Twitter momentum was painting a negative divergence and we needed to see price shake out and create a positive divergence. Here’s the chart we posted on 10/13/14. Subscribers […]
I’m a fairly conservative investor/trader so I don’t often buy IPOs until the stock has traded for several months and had a chance to shake out (and pass lockup periods). Using Trade Followers momentum computed from Twitter and StockTwits offers a nice tool to help me be patient and wait for the initial hype for […]
Below are some charts we posted on Twitter and StockTwits this week. Follow us @_TradeFollowers on Twitter and @TradeFollowers on StockTwits if you’d like to see them in real time.