$GRAB - Buy with upside of +50% to +90%

Technical Analysis

• Oversold with weekly William %R and RSI starting to show reversal signs.
  
• Daily RSI crossing above 50 and looking ready to curl upwards.
  
• Price consolidating between $2.60 - $3
  
• Broke out of the wedge.
  

Price Target

• Buy between $2.60 -$3.00 or above $3 for confirmed breakout.
  
• Analyst Price target: $4.6 (
  
• Fib Level Price Target of $5.70 (upside of +90%)
  

تعليق:

Bought at $3.03

تعليق:

Technical Analysis
GRAB has hit the buy order of $3 and but it seems like it might consolidate after a sell off on price moving to $3.20. Consolidation phase might stay between $2.70-$3.10 before we see a further push upwards.

The weekly RSI and William %R are still not overbought so further upside is expected.

تعليق:

Slight resistance expected at $3.45. daily 1D 100EMA level.

تعليق:

Broke/Testing resistance above $3.45. We need it to keep pushing upwards and/or consolidate above the 100EMA level on the 1D