*** THIS IS NOT FINANCIAL ADVICE *** *** DO YOUR OWN RESEARCH AND THINK IT THROUGH ***
After completing a particularly clean correction, GRT seems to be heading for wave 2. Price points have been projected using fib retracements and fib extensions. Reversal points fall on important areas of value.
Below is my personal opinion and idea on how to trade this pattern.
Entry points for wave 3: $1.70 through 1.67.
Exit points for wave 3: $2.11 through 2.14
Reentry points for wave 5 on $1.98 through 1.92.
Exit point for wave 5: $ 2.15 upwards.
Trailing buys would help entry points and trailing TP will help maximize exit points.
Also note a possible choppy rounded bottom starting in February.
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