GRAB has been consolidating in a deep low range for years, and honestly on a view of revenue /EPS, there has been some growth, but in terms of price-book ratio the picture hasn't gotten any better. However, price is making solid higher lows and retesting significant points of previous resistance as hard and heavy support, price is getting more volatile and coiling in impulsive extensions.
- Not defining those extensions exactly yet, but I am buying some of this on the open. Expecting $9.00 relatively soon, earnings is in a few days so that may expedite things, of course that makes this play overall riskier
Wave-Count Confidence: Average
- Not defining those extensions exactly yet, but I am buying some of this on the open. Expecting $9.00 relatively soon, earnings is in a few days so that may expedite things, of course that makes this play overall riskier
Wave-Count Confidence: Average
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.