Granite Construction Inc. has its 5 week declining stock price rejected with bullish engulf candle at the support level (44). Will this rejection cause the price to begin another bullish run? N.B! - GVA price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper...
Bullish channels, we are now experiencing the right leg of the structure which is a bullish leg. This is were price breaks out of this channel. In both situations. Had to use the Weekly timeframe to show both of these channels correctly.
GVA: Granite Construction Incorporated 2021-08-04 17:30:00 Granite Awarded $64 Million Road Separation Contract in Southern California
GVA: Granite 2018-08-29 17:30:00 Granite Awarded $32 Million Bridge Replacement Contract in California
GVA got a valid 3 Pointer over 4 years for now with a bullish target of 64$.