AaronHynninen

Iron ore (ASX:GRR)

Long
AaronHynninen Updated   
ASX:GRR   GRANGE RESOURCES LIMITED.
Comment:
Drew the lines wrong, slightly off. Expecting Q2 for profits.
Comment:
Great re-entry opportunity @ $0.555:
Comment:
Price is pushing through the ascending triangle (touched $0.82), there's still a possibility for retracement (~$0.55 area) if it doesn't stay above $0.85c
Comment:
Price is rising faster than expected & heading torwards $0.96. It could definitely reach the take profit zone by Q1 2021. I'm not expecting any retracement back to $0.555 before we reach $1.50 at this rate.

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.