Timothy Collins has worked as a financial adviser since 1999, focusing on portfolio customization, with a concentration on correlation arbitrage and risk-managed growth. He started TangleTrade Management, LLC in 2009 and Retro Wall Street in 2013 (www.retrowallstreet.com).Expand

Collins lives in Cedar Park, Texas, with his wife and three children. A frequent contributor to CNBC's Mad Money with Jim Cramer, Collins is a graduate of McDaniel College (formerly Western Maryland College), with degrees in business administration, economics and sociology and is a winner of the Bates Prize (Top Graduating Male).Collapse

The company will act on the price push.

Look for a Pullback in GoPro Real Money Pro($)

The company will act on the price push.
Because I have no interest in shorting the stock outright.
Use the oversold bounces for trimming, cutting or hedging positions.
Stay focused and tune out the market noises.
I am setting up ratio spreads on both sides to play a potential move.
Indicators are bearish but there should be a bounce.
Technical indicators have now swung in the bears' favor.
Earnings can change a bearish chart into a bullish one.
Think November puts at $107 to $108 if high hits $113.50 to $115.

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