Huat99
2022-12-27
$Grab Holdings(GRAB)$ $Uber(UBER)$ $DoorDash, Inc.(DASH)$
Grab Daily Chart [$3.27] - Potential bullish Symmetric Triangle
Stock price Gap up on 16/11/22, amid closing down on heavy volume.
Thereafter, stock loses volatility, trading volume shrunk, suggesting a consolidation while share price trapped in tight range (Converging trendline as shown)

20 SMA maintains above 50 SMA, 14 days RSI largely above 50, current consolidation is viewed  more on bullish bias.
Support - $3.00 (or void condition)
Target Price - $4.00 (previous High back in 8/8/22)

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Comments

  • bernardtayet
    2022-12-29
    bernardtayet
    A huge drop from IPO price n is not yet profitable. I will skip it for now. Just my opinion.
  • WendyDelia
    2022-12-28
    WendyDelia
    Grab is an Asian stock. You can compare it with SE (Sea Limited)
  • JohnMitchell
    2022-12-28
    JohnMitchell
    i dont understand why you compare these three. they are totally different
  • osjusti
    2022-12-27
    osjusti
    [smile] [Miser]
  • autometricomedo
    2022-12-28
    autometricomedo
    k'
  • Joe Lamborgh
    2022-12-28
    Joe Lamborgh
    Ok
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