Short Term Volatility. Good Entry Point
$Grab Holdings(GRAB.US$ bought in yesterday at 3.45. i see short term volatility this month due to the LTA issue on public hiring capacity during night time ridership. Grab is not just a Hiring service hence impact is on that particular segment. I believe that by next month the price will stabilize at the 3.7-3.8 mark again.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Travis427 : just read an article in the news claiming 32% profit potential. gonna wait make sure I don't buy into something in the middle of freefall..
Chris Ivan AngOP Travis427: Don’t think it’s a free fall. From a technical perspective it’s well supported although it breached the 20 day S2 levels. That’s why I think it’s a good entry point.
Travis427 Chris Ivan AngOP: thx Chris I know very little on how to read charts. I appreciate the info