GNRC a Wyckoff Reset in the making Accumulation Phase

Updated
GNRC
Stock Price:102.78
Difference: $6.50 (undervalued)
Over all Avg Price: $109
My Enterprise Value Price(enterprise value/outstanding shares): 122
True Price Value (market cap/outstanding): 104
Float Price (market cap/float): 108
Market Capitalization: 6,470,000,000
outstanding shares: 62,030,000
float : 59,730,000
ev value: 7,550,000,000
p/e :18.98
eps : 5.41
PE ratio: 18.99815157
Weighted P/e: 2.5219906
Basically all this is saying is no matter how you look at the avg price of this stock, the current price is undervalued by min $2.00.

The Big Picture
[url=]snapshot

Past
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The last time GNRC moved off its low right after the same Monthly Push down to start the process. Watch the lines see them converge. You don't understand these lines because you haven't been listening to me rant. These lines are every time frames Marriage of price and vol in one line. Along with the skinnier line with no kinks as the vol avg for that time frame.... When all these lines converge into one area along with price, accompany that with a larger time frame and you have something like what a rail gun is compared to a sling shot. the first move reaches then comes back down reloads and is launched double or more. and then its off and running.

Present
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at double the price look at the lines... price is just under it and the lines are in a $15 range....what's needed to get them together? another push down? Time? a pop in price? Lets look at the supply vs the demand

A closer look
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I marked the areas of the candles that had the highest percentage of buying and selling since it hit this zone. There are two bounces once it gets pushed down. I am not saying this won't go down. I am saying that at this price its a good deal. Depending on if they use the earnings on May 05 as a catalyst to run this up and back down then launch or this takes off before hand and the earnings is used to drop it to regain the final part of the float and make all of these lines converge.....one way or the other it starts at this price point. Look at the institutional ownership and where they bought? The top 17 Institutions that bought into this stock all bought on Dec 31, 2022. Every single one of them increased their position by more than 500%.
[url=]nasdaq.com/market-activity/stocks/gnrc/institutional-holdings
I will do you one better, the top position holders of this stock, institutional, all bought or increased their shares on Dec 31, 2022. All 83 institutionals that own the most shares bought or adjusted thier shares on that date and the price range for that date was. $95.50-103
[url=]nasdaq.com/market-activity/stocks/gnrc/institutional-holdings
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The big picture. Sorry the post wouldn't let me add images in it.
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The price range was 95-103 not hkex
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snapshot its going to pop tomorrow
the move up yesterday for a $1.68 then the push down almost double. then the pop tomorrow, will be the N bar
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Ok if you look at the two moves... move 1 is the left and move 2 is the right. Move 1 , if you notice the green line and how it interacts with the price action you will see a tiny kink in the line. This was almost missed but luckily I made the correlation between the two. The move 2's green line is actually a large spike up that comes down to the current price action... this is your kink. Just 20x larger. The kink in the line or spike, represents the amount of stop losses that are hitting the float and or swapping hands. These pockets are used to launch the stock upwards after it hits absorption.

if you look at move 1 you will see it has exaggerated M pattern in the beginning then a very small kink before it launches. the exaggerated M pattern is the manipulation to the down side to activate those stop loss pockets before it finishes the move....

in Move 2 you will they are flipped around as far as the manipulation part. The M pattern has no wicks under it and therefore it doesnt tap into those stop loss pockets until its already finished the M and is consolidating after wards.... then at 15:50 you see the slightest wick drop below the middle of the M and a large spike appears with all the stop losses swapping hands. in after hours they will drag this down and back up positioning it for tomorrow. The fact that there is no bodies to the candles is further proof of more manipulation. So to not hit any of the stop loss pockets... then when the market opens and their are plenty of buy orders waiting, the price will start to move and as it moves it will trigger those stop loss pockets fueling retail with all the shares it needs to continue to move up.
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snapshot So far its doing exactly what I anticipated it to do lets hope it can keep going. Next price target after this is $115.
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accumulationBeyond Technical AnalysisCandlestick AnalysisesvoGNRCicantw84itsmartmoneysupply_and_demandSupply and Demandwyckoffwyckoffmethod

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