GRAB Potential for Bullish Rise | 28th November 2022Looking at the H4 chart, my overall bias for GRAB is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. To add confluence to this bias, price has also broken above the descending trend line . Looking for a buy entry at 2.89, where the 28.2% Fibonacci line is located. Stop loss will be set at 2.56, slightly below where the 23.67% Fibonacci line is located. Looking to take profit at 3.68, where the 78.6% Fibonacci line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Grab
GRAB Potential for Bearish Rise | 23rd November 2022Looking at the H4 chart, my overall bias for GRAB is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. To add confluence to this bias, price has also broken above the descending trend line . Looking for a buy entry at 2.89, where the 28.2% Fibonacci line is located. Stop loss will be set at 2.56, slightly below where the 23.67% Fibonacci line is located. Looking to take profit at 3.68, where the 78.6% Fibonacci line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GRAB Potential for Bullish Continuation | 21st November 2022Looking at the H4 chart, my overall bias for GRAB is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. To add confluence to this bias, price has also broken above the descending trend line. Looking for a buy entry at 2.89, where the 28.2% Fibonacci line is located. Stop loss will be set at 2.56, slightly below where the 23.67% Fibonacci line is located. Looking to take profit at 3.68, where the 78.6% Fibonacci line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GRAB Potential for Bullish Momentum | 17th November 2022On H4, the price has broken out of the descending channel and is now above the ichimoku cloud , indicating a bullish bias. Price has tapped into our buy entry at 2.89, where the 38.2% Fibonacci line is. Take profit will be at 3.68, where the 78.6% Fibonacci line is. Stop loss will be set at 2.56, slightly below where the 23.6$ Fibonacci line is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GRAB Potential for Bullish Continuation | 15th November 2022On H4 chart, we have an overall bullish bias for GRAB . Looking for a buy entry at 2.89, where the 38.2% Fibonacci line is located. Stop loss will be at 2.56, slightly below where the 23.6% Fibonacci line is located. Take profit will be at 3.29 where the 61.8% Fibonacci line and market gap are located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GRAB Potential for Bullish Continuation | 15th November 2022On H4 chart, we have an overall bullish bias for GRAB . Looking for a buy entry at 2.89, where the 38.2% Fibonacci line is located. Stop loss will be at 2.56, slightly below where the 23.6% Fibonacci line is located. Take profit will be at 3.29 where the 61.8% Fibonacci line and market gap are located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Bearish Gartley #BTC - Confirmation?Looks pretty Bearish to me! Yes we are above the yearly open, yes we have lots of bullish sentiment and Whale/Market Maker buying... retail volume is dead...
This is a Whale/MM Liquidity Grab... we should pullback to support, fake out some longs and sucker in some shorts, pump to Stops... and then dump...
It's too damn perfect... lets find out... Macro i'm still bullish, all you have to do is look at a 12 month chart of BTC and look at the abysmal volume we have had... this has NO retail buying... this is all Whale/MM pumping to grab retail liquidity before the recession that we all know is coming...
Stay on your toes out here, and don't buy the hype... its a bear market!
Happy Trading...
Altimeter Growth Corp (SPAC w/ merger: Grab Company)Our mission:
Drive Southeast Asia forward by creating economic empowerment for everyone.Every day, we serve millions of consumers, merchants, and drivers on Grab. Consumers look for quality services to ease their everyday lives, while merchants and drivers get access to greater earning opportunities because of our large consumer base. In fact, we are proud that many of our driver-partners got their very first earning opportunities with Grab.
Recent News:
1. Grab Holdings Inc. (“Grab”), Southeast Asia’s leading superapp, today announced it intends to go public in the U.S. in partnership with Altimeter Growth Corp. (Nasdaq: “AGC”) in what is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. The combined company expects its securities will be traded on NASDAQ under the symbol “GRAB” in the coming months.
2. Public listing will reinforce Grab’s strong business momentum including Gross Merchandise Value of approximately US$12.5 billion in 2020, surpassing pre-pandemic levels
3. Investors in the PIPE include funds and accounts managed or advised by BlackRock, Counterpoint Global (Morgan Stanley Investment Management) and T.Rowe Price Associates, Inc., as well as Fidelity International, Fidelity Management and Research LLC, Janus Henderson Investors, Mubadala, Nuveen, Permodalan Nasional Berhad and Temasek
4. Grab’s decision to become a public company was driven by strong financial performance in 2020, despite COVID-19. Grab posted GMV of approximately US$12.5 billion in 2020, surpassing pre-pandemic levels and more than doubling from 2018. The company is also currently the category leader in Southeast Asia for its core verticals , accounting for approximately 72% of total regional GMV for ride-hailing, 50% of total regional GMV for online food delivery and 23% of regional TPV for digital wallet payments in 2020.
SPAC Merger Info:
Leadership: Brad Gerstner (Founder, Altimeter: invested in Facebook, Uber, AirBnB, ByteDance, Twilio, Unity, Snowflake)
Market Cap: $689,000,000
IPO Date: 2020-09-30
Underwriters: Citigroup, Goldman Sachs, Morgan Stanley
Estimated completion date: 2022-09-30
Warrant Price: $5.23
Unit and Warrant Details: U: ; W:
Like, Follow, Agree, Disagree!