Rykin_Capital

GROM Social Enterprises is going downhill. GROM

Short
NASDAQ:GROM   Grom Social Enterprises Inc
GROM is a word that means thunder in a number of Slavic languages, but the only thundering this baby has going for it more slippage to the south. Short term shorting is our position on this one.

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Trade closed: target reached: 13th OCT