Greenpro Capital Corp (NASDAQ:GRNQ) Some serious upside volume coming into this stock over the last few days. Correction is very flat and is showing me that the buying pressure remains strong. Look at the big volume bars. That is serious accumulation. Bullish continuation is very probable IMHO if it breaks 3.30 next week, the move could be explosive.
A quick look at GRNQ's chart will show a stock that has been on the downfall for the last three weeks. Yesterday, the stock held nicely its rising EMA200 meaning we could be seeing at least a temporary bottom. I wouldn't be surprised if this stock popped 15-20% in one session soon.
Waring up rising wedge, a litte earn in a week
LTCUSD is taking off and this is running toe for toe with it. I'm in
NASDAQ: $GRNQ | #GreenPro has a BEAUTIFUL TECHNICAL SETUP! But, wait for a pullback as it is up 25% on the day! Usually you will see up to a 70% retracement (to the 0.7 fibonacci region) before moving up higher. It looks like WAVE 1 of elliott wave theory is now complete. Now, the journey to WAVE 2 is typically a pullback as described above. Then WAVE 2 to 3 is a...