Long
$GRUB Inverse Head & Shoulders - Momentum Gaining
GGRUB Inverse head & shoulders pattern has formed on the daily chart. Momentum indicators are gradually trending upward. Will be monitoring for a break-through and close above $83.00 resistance level for confirmation.
Near-term target - $95.00-$100.00 range by mid-February (assumes positive ER early Feb)
Medium-term target - Oct'18 $110.00 Gap-fill by April
Note: Informational analysis, not investment advice.
Near-term target - $95.00-$100.00 range by mid-February (assumes positive ER early Feb)
Medium-term target - Oct'18 $110.00 Gap-fill by April
Note: Informational analysis, not investment advice.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.