I guess that u should take a look at TCSG course this stock is great investments and for speculations is awesome. Please don't forget this is GDR and that is highly risky, but here it is stock market not supermarket
Few things with #Genedrive (#GDR): it closed above the 200DMA and it is already gathering some strength before moving on. There is no bearish RSI divergence yet so expansion is possible to continue. However it needs to beat that block of resistance that was earlier a support for so long, so this is now the 3rd run up onto this zone. We beat that and it will likely...
I have a few possibilities now for #GDR, I know it looks great, up down or sideways. But really these are now roughly the options with the clearly communicated uncertainty and market reaction. First of all the original count and targets are still intact, in green, we are in a C wave or next impulse W3, and we have done a wave 1 and 2, still up we go from here. We...
I am fairly confident that GDR entire move from the recent lows was a wave 1/2 so far and we are heading now to the bigger wave3. See my conservative x1,618 extension gives you almost a triple return in a possibly few weeks. Looks already breaking the structure but wait for the previous top confirmation if you want to be sure. Expectations are high, and the mcap...
GDR approaching the previous high of the B wave top to break. If that breaks and closes above expect the last confirmation for the uptrend. Reaching the previous high in a shorter timeframe is a sign of strong impulse, breaking it is a conservative entry point to buy. Targets remain the same between the £3-£5 area depends on how we move forward with PA above the £1.5.
Nice impulsive move from Genedrive in the past days marking a bottom filling at the 39p gap. We still need to beat the 82p downtrend line and close above it, but I see the Volume and candle support is so strong at the moment that this looks inevitable. MACD 4C slope started very steep for a confident continuation. Scenario is still the same as earlier, and we now...
We might be done here touching the low in Genedrive. A substantial move is coming, irrespective of where the sp ends within this 0.5-0.2 range. Amazing R:R for those able to get in at this price. If this structure plays out the targets not changed, £3 or £5 region depending on the extension of the C wave.
The selling power is dropping there is no more volume on this slow bleed. I think we are forming a bottom here finished a 5th of the C of the B and will move up to the larger C from here. Counts well with a finishing 5th wave now poked lower and strong divergence on all timeframes. There is one more option though that can happen (pictured in grey lines) is that we...
All 3 possibilities in one overview. Looks like with today`s action GDR is heading to the shorter sub-C wave completion before it moves up. I would expect a double bottom at 0.45 and 5th wave truncation. The point would be to create a bullish divergence on the Daily. Dont exclude the WXY version yet, we might not see 0.45 again and bottom was done already....
Genedrive previous setup broke down from what it looked like a Y wave triangle, one of those lessons with triangles - it looks like a triangle, smells like a triangle, but it will probably end up being a flat or zig-zag. I think there are more legs in this move due to the volume, and volume means continuation towards that trend, whatever trend it is. I have a few...
Anyone in still doubt? Just look at the RSI trend-line retest. The uptrend move has been started and will break up next week.The current move we are in is a new impulse and will be full steam ahead, you have been warned. Get GDR on your watchlist and buy while its this fart low.
Genedrive targets remain the same in the above £5 level next. Corrective pattern count slightly cleared up with this recent triangle completion. My only update is from WXY to ABC count as the first move down was in 5 waves. The X slightly shifted as a B wave. The C triangle completed in 5 subwaves now. I dont expect it dropping below the triangle level anymore....
Building up for a massive buying zone now. Last chance for buying GDR it seems. Nothing changed on my previous count, this last Y triangle looks more classic triangle form finishing now. News is this week for sure. 12x. zone is instant buy pressing while it lasts.
This is now my most likely count on Genedrive GDR corrective pattern ending in a Y wave triangle formation. All recent waves are 3 wave formations that suggests we are still in a correction. With this I revert back to my impulsive count and the primary rise is now considered in 5 wave impulse, currently finishing the wave 2 in a wxy. Primary targets of the wave 3...
I am trying to be ultra conservative with my GDR targets here and only assume we are doing a 3 wave move in ABC. This will put us into the £5 region where the C wave extends to x1.618 of the A. Watching the volume closely when we get there and see if the price action will further extend impulsive to stay still an keep on holding. Buying at these levels is not a...
lucky if you can buy under 90p for GDR at this volume support, move up expected just on volume distribution. EMA support also tested, main trendline tested from the top after breaking up. This will now follow a move up, top up anything under £1. My count remains intact from previous initial target above £2 with the next impulse.
Current pattern is still very corrective, the 1st demand zone has been broken so now moves towards the second between 53p-60p. This would break the lower trend line so it would be likely just a wick to this zone. There is also a gap to close in 59p here. Targets are still the same, as per previous chart the correction retraced more than 61% so initially would not...
Genedrive ( GDR ) reached a strong demand zone on the daily, also bounced off the 200 MA. Correction is in wxyxz potentially ending here with a strong reversal signal. Last ABC move C extended to exactly 1,618 of wave A. The whole structure retraced deeper than .618 of the wave 1 so the next impulse will likely not continue in a bigger x2.618 extension to w3 but a...