Market Lab Report - Premarket Pulse 7/21/15
Wearable camera and virtual reality company GoPro (GPRO) had a pocket pivot breakout yesterday. While the breakout is out of a low handle, this company is positioning itself to be a potential leader in the virtual reality (VR) space. This is a speculative play since the company's technicals are off-the-bottom and its industry is highly competitive since much growth potential lies ahead. Nevertheless, GPRO blew the doors off estimates on its last earnings report. GPRO is due to report earnings today, so keep an eye on this one.
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