melson
2022-11-17

$Grab Holdings(GRAB)$ 

it behaves like a meme stock and it was a meme stock having appeared on wallstreetbets several times.  

every time it would rally close to earnings and then crash. you can look at the candlestick chart and take note of the earnings marking. 

it might float up together with santa rally when the whole market gets lifted. maximum around 4.

it is bounded by the high interest rate environment. unless fed pause or cut interest rate, it would be in consolidation range between 2 and 4. buy at around 2+ and sell when it reaches around 4. if it breaks out of 4 convincingly then hold on for massive rally. 

fed comes out to hawk the market again. so obedient mr market will hide its shine for a day or two before continuing with santa rally. must give the fed some respect.

my previous points

1. biz has no moat

2. cash burn with incentives

3. slow to implement digital bank

4. customers have little loyalty with so many choices

5. its birth country no support (even nasional fund no invest)

merci beaucoup @TigerStars  🥂✨ kudos to you and your team for winning 2 awards


bon courage

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Comments

  • Ericdao
    2022-11-18
    Ericdao
    It's on the uptrend, $3 will be the support now. Currently should trade slightly up or down slightly but if u thinking of shorting, don't. Next week should see continuation on the up if support is not broken
    • melson: 
      great tip. merci beaucoup.
  • Cash88
    2022-11-19
    Cash88
    how did you manage to buy at low and sell high all the time?
    • melson: 
      this is a technical indicator called Chandler exit
  • HLPA
    2022-11-18
    HLPA
    GRAB is a loss-making company. It needs time to grow in the big markets after establishing itself in Soth East Asia especially after its baxk door listing in the US market.
    • melson: 
      there are many challenges it needs to overcome. hope it can innovate, now it is just playing catch up.
  • mel18
    2022-11-21
    mel18
    meme stock as it it... still need a lot of time to stablize it's biz approaches and become profitable
    • melson: 
      c'est vrai. vous avez raison.
  • LWayne
    2022-11-18
    LWayne
    current limited business can only qualify it to be a meme stock.
  • powerbert
    2022-11-19
    powerbert
    I am holding on to it since IPO, it is greatly under water.
    • melson: 
      you can apply automatic investment system that is to buy when the stock drops 10% or at support points if you know technical analysis and take profit when the stock rises 10% or at resistance zones. this way you will be able to dollar cost average and get your investment to turn green.
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