benjihyam

$GRT breaking out w/ upside to $8.10

Длинная
benjihyam Обновлено   
$GRT seems to be breaking out after consolidating since it's February highs.

If it can push past the 50% retracement level at $1.71 and then it's ATH at $2.97, then I think there could be a strong move upwards and the first take profit level will be somewhere between $4.49 and $6.42. After that, I think it's likely to consolidate further before surging up to a final target of $8.10.

Let's see how it plays out over the coming weeks/months.

Entry at $.87.
Комментарий:
I'm out of this trade. Exited in the $1 range. I think it likely doesn't run until sometime late next year... sensing overall weakness in the market and the r/r isn't there for me to hold.

There's a possibility that it still goes and tests the 50% retracement level at $1.70 before correcting further, but I don't think there's enough reward in this trade for me to take it.

Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.