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Today GoPro (GPRO) had an analyst meeting

It had some big announcements

GoPro Plus is a new subscription service

Users can upload their videos to the cloud service for $4.99/month

On October 2nd, two new cameras will go on sale

The Hero5 Session will sell for $399

The Hero5 Black will sell for $299

Both cameras will have voice control

They’re both waterproof

They have 4k video

On October 23rd, their first drone will go on sale

It’s called Karma

It’s priced at $799

These new products should help GoPro have a great holiday season

The stock reclaimed its 50 day moving average

And its 200 day moving average

Over 30% of its shares are short

If GoPro can hit $16 or $17 soon

Short-covering could propel GoPro to $18-$20

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