Page 1 failed to load.
The Long Investor - $GRRR part 2
More from The Long Investor
The Long Investor - $ETH - TOP 10 -
About This Title
$GRRR was looking very good and was attempting to break out.... however, the price has now pulled back to retest the 0.887 Fib at $6.85, and we can see the price is up over 4% in the PM this morning..
Obviously, we're looking for the 0.887 Fib to hold for support and as long as the price can hold above the 0.887 Fib, the chart remains valid, and we're still looking for a move up to the 50 WMA at $13.41.
So for now, there are no changes to the bigger picture..... yes, Friday was a tough day and far from ideal, but ultimately, the chart remains valid.
Our focus right now is just on the 0.887 Fib holding.
We are waiting for confirmed date for earnings, but if $GRRR can produce strong earnings, this could be the catalyst we need.
$GRRR was looking very good and was attempting to break out.... however, the price has now pulled back to retest the 0.887 Fib at $6.85, and we can see the price is up over 4% in the PM this morning..
Obviously, we're looking for the 0.887 Fib to hold for support and as long as the price can hold above the 0.887 Fib, the chart remains valid, and we're still looking for a move up to the 50 WMA at $13.41.
So for now, there are no changes to the bigger picture..... yes, Friday was a tough day and far from ideal, but ultimately, the chart remains valid.
Our focus right now is just on the 0.887 Fib holding.
We are waiting for confirmed date for earnings, but if $GRRR can produce strong earnings, this could be the catalyst we need.
Comments (0)